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Cars and Transportation
Reply to "Car insurance question re: uninsured/underinsured motorist items"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]In VA you can register your car then file an uninsured driver affidavit with the DMV and pay $500 fee to drive legally. Pretty economical if you're poor and judgment proof.[/quote] Thanks for the info. Sucks to pay $500 to the DMV for the “privilege” of self insuring. On the plus side, it is less than a year’s worth of insurance premium. No idea why you are referencing poor and judgment proof — what exactly is the judgment-worthy faux pas here? Btw wealthy people (not that I fall into that category either) have the least need for insurance, since they can comfortably pay out of pocket for any damages or losses.[/quote] No, wealthy people need insurance to protect their assets in case they cause and accident that makes someone a paraplegic or similar. PP meant a legal judgment that someone with no assets can't pay anyway.[/quote] ^^Wouldn't be able to pay, so they won't get sued.[/quote]
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