Originally Posted by mlh
I used to advertise in a small magazine Precision Shooting. There was a lawyer who wrote for the magazine that advised the small businesses not to carry insurance. He said if you didnít have much, I plea guilty to not having much, the lawyers wouldnít bother you because it wasnít worth their time.
Donít ask me if that is true. Itís above my pay grade.
This is true. I'm the treasurer for a non-profit and our insurance carrier told us not to put our name on our mini van because when a lawyer sees that they see deep pockets. He said if we want our name there he suggested we increase our liability ins. to 10 mil. We have no name one our vehicle.
My wife has a cousin that was encouraged by a lawyer to sue her father for injuries after a car accident. In the end she got $1500 and destroyed her family in the process. The lawyer made out just fine.
BTW, my DIL is a lawyer, I only hate the ambulance chasers.