Why Uninsured Motorist Coverage is Crucial

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The reason why no insurance or no assets is a fatal flaw is because as the old idiom states “it is impossible to squeeze blood out of a turnip”, meaning that you can’t get money from someone who has no money. In most cases the “turnip” causing your injuries will merely file bankruptcy even if you obtain a million dollar judgment from a jury. After the bankruptcy case concludes, 9 times out of 10 the judgment that the jury gave you is not even worth the paper upon which it is written.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Christopher Russell, Russell & Lazarus | Attorney Advertising

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