Quote:
Originally Posted by retiredguy123
I agree and I do understand the UM coverage. But, I am not interested in paying a premium so I can sue myself. Also, when you sue yourself, the maximum payout is limited to the the coverage limit that you pay for. Most insurance companies will only allow UM coverage up to $300K, which is not enough to hire a good lawyer, who would take 40 percent of the settlement anyway.
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The lawyers will sue the other motorist and will try to extract every penny from them or their company or anyone else who may be responsible.