[Please do not explain this option to me, as I understand it. Thank you.]
I presently carry the option to sue for pain and suffering on my NJ auto insurance. When this first came in about 30 years ago, it only made about $100 difference in my individual premium. Now, with 3 cars and 3 drivers, it is more than 25% of my total premium. It's reached the point where I am considering whether to drop the option and give up the right to sue, unless the injury meets the specified qualifications. (If you are not familiar with this list, you can't really answer my question.)
Do you have any experience in this area or any suggestions? Do you think it's worth the expense of holding onto that "no threshold" option in the event of some crazy neck or back injury that can't really be diagnosed or treated? Do you have any random thoughts about the "no threshold" option in New Jersey?
If you have a least or most favorite company, I'd be happy to hear about them, too.
Thanks for your input.
2007-02-14
11:23:14
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3 answers
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asked by
Jess
5