Drinks are on me

[TMG]

For over 4 years I've had a BS lawsuit over my head on a car accident my business partner was in on her own time.
First I believe it was his fault. He was also fine until the cop showed up then just shut up and sat back. Never heard anything for just over 3 years. Which is the statuche of limitations.
2 days after the statuche of limitations ran out the guy filed.
Somehow it was allowed to go through. (Theses people are connected and work for the state. And also own a few business. ) they were going after the maximum allowable by the state. What ever that means. Also a portion of all future earnings. The claim was the medical bills had exceeded 100 grand which was the cap on the per person insurance payout.
We finnaly got a letter from the insurance company stating the case was closed and She is no longer responsible for and future claims.
I suppose the insurance company may have settled.
I'm so glad it's over but I kind of hope they didn't settle for anything.
Anyway sorry for the long read but this is a huge weight lifted off of me.
Drinks are on me tonight

[LTZ25]

I know you feel better now , have a drink and then forget about it .

[JerryT]

Congrats bud!!! Our insurance settled with a woman who slipped on ice on a side walk in front of one of the businesses...10k and the cost of replacing the high heel she broke...Yes had to pay a woman who was walking around in high heels during an ice storm...Mercia

[crawdadking]

Has to be a big relief

[rao]

many moons ago a friend had an 84 vette and got hit by a woman that was expecting,been with his company for 15 yrs,they dropped him asap. glad it worked out for ya.......that well deserves a celebration.....

[07Stratos176xt]

Sounds like it's been a very long 4 yrs !! I cant imagine what you been through with this !! Celebrate!!!

[Bradley Lane]

.

[TMG]

Thanks guys it's been a long 4 years.
I'm insured for like four hundred trillion dollars now

[jayfaro]

Hey Tim
I’d call your agent or carrier and find out exactly why the claim was closed. If they settled and it was for a large amount it could hurt you going forward on your commercial auto insurance. I’m an insurance agent in MA and work quite often in NH as i’m Only 3 miles from the NH border and anytime a claim is closed on a suit like this I always try and get my customers loss runs to them so they can see how much their company decided to pay (or not pay). Most business auto policies will cover up to $1mm in BI/PD per claim plus umbrella policies that can exceed $5mm so there’s potential of a really large settlement. Not sure if it was a commercial auto policy or not but in either case congrats. PM me if you have any questions.

Jay

[188Musky]

I have no lawsuit or insurance comments or advice. Nor any related stories of my own tell.

I will have a beer though.

[TMG]

I have no lawsuit or insurance comments or advice. Nor any related stories of my own tell.

I will have a beer though.

Here you go

[TMG]

Thanks Jay.
It was under her private insurance as she wasn't working at the time of the accident.

[billnorman1]

UP yours!!! Congratulations.
Just feel lucky she wasn't drinking hot coffee at the time, you might have lost that one. Speaking of coffee, I wonder what the woman that sued McDonalds showed for evidence?

[basscat21]

Congrats Tim.

[buster502]

would your insurance company not tell you how the the case was settled ??

[Bob G.]

Thanks Jay.
It was under her private insurance as she wasn't working at the time of the accident.

What did the lawsuit have to do with you if she was on her time and insurance?

[local16]

Im a little late but will have a celebrative drink. Now you can chill with that off your mind.

[kadas]

[blade1970]

[yanknbass]

Thanks Jay.
It was under her private insurance as she wasn't working at the time of the accident.

, and a few for her health issues.