This summer I had the misfortune of becoming the victim of the second largest car accident in the history of the state of Michigan. I had just entered an intersection when I collided with another vehicle. It was on the very edge of the right lane of the road, and the driver of the car I hit ran into both of my front fenders as well as my rear bumper.
The accident settlement that was filed by the driver of the other car was $2.5 million, which is about 10 million dollars. Which is probably not a great deal for a person who’s driving an uber car in the middle of nowhere. But it is a great deal for the person who’s been hurt and injured. Because the settlement allows the driver of the other car to get back on the road and get to work getting his life back together.
The settlement I got is a whopping $3.7 million, which would have made it just over $20 billion. All of a sudden the settlement really didn’t really pay off. It was a very difficult decision to make, and I’d probably have to get into a lot of trouble to pay it back. The settlement was a pretty bad deal, and the bad deal was that I was not allowed to buy a car in that settlement.
When you pay taxes your car isn’t registered with the tax department. You pay a fine (say, $10,000) for driving on the road without any license plate. Then you can pay your tax. Unfortunately, you could get a car back at a later date.
To me, the settlement made sense. The car could have been registered with the tax department, and then I could have bought the car back the same day. But no. It was a very, very bad deal.
Its very hard for people to buy cars after an accident because you have to have insurance to pay for the fine. So when you are in these small cars, you tend to get in accidents.
If you want to keep your car, you might want to consider buying it with your own money. It’s not that you can’t afford to buy your car, it’s that you might lose money if you did. And insurance companies are a little stingy with their allowances. So if you really do take the time to research the finer details of car insurance, you might be able to get a better deal.
This is a classic case of “the problem is when you don’t pay for the damage to the car, it takes forever.” We know that the repair cost is a little higher when you buy a car, but we don’t know what you’re doing on that. So you might want to consider buying a new car and getting insurance. However, we also know that your insurance company will take care of you if you buy a new car.
I know how to get a new car, but I want to know how to get insurance. In my case, my father, who is a lawyer, is in charge of my insurance. He is also a car-insurance expert. For me now, I have to go to his office and get permission to change insurance providers. I have already paid a $150 premium to the insurance company.
This is pretty straightforward. I call my insurance agent. They ask me what I’m doing. I tell them I’m buying a new car. They tell me I need to go to the car insurance agent, who will ask me “what coverage are you looking for”. I tell them I’m looking for comprehensive coverage, which means I’ll get the car inspected (I have the car inspected every year) and covered for everything. I give them that.
