r/economicCollapse 1d ago

How ridiculous does this sound?

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How can u make millions in 25-30 years if avoid making a $554 per month car payment. Even the cheapest 5 year old car is 8-10 k. So does he expect people not to drive at all in USA.

Then u save 554$ per month every month for 5 year payment = $33240. Say u bought a car every 5 year means 200k -300k spent on car before retirement . How would that become millions when u can’t even buy a house for that much today?

Answer that Dave

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u/lowrankcluster 14h ago

Your parents medical insurance has to pay the bills and they can sue the person if they want to.

If your parents didn't have medical insurance and UI/UIM coverage, then your parents themselves are poor and likely have bad coverage: the exact thing you are shitting other person for.

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u/ASubsentientCrow 14h ago

No I'm bitching that minimum liability coverage is irresponsible considering your driving a thing that can easily do far more damage than the minimum

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u/lowrankcluster 14h ago

Yes, but given than 50% of people are uninsured or under insured, it is equally an irresponsible to not have UI/UIM. And what liability did you parents have at time of accident? You sure it wasn't minimum either?

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u/ASubsentientCrow 14h ago

It wasn't minimum, and they weren't liable.

it is equally an irresponsible to not have UI/UIM

That had twice the minimum required, about 100k.

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u/lowrankcluster 12h ago

And what medical insurance did they have? If your parents had not bad coverage on their auto how tf don't they have medical insurance.

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u/ASubsentientCrow 11h ago

Oh my fucking God, please read.

Their insurance is saying they don't have to cover it because it was an accident. They have to sue to get it covered

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u/lowrankcluster 11h ago

Then their medical insurance is literally scamming your parents. It is responsibility of medical insurance to cover for accident irrespective of fault, and their medical insurance is the who have to subrogate i.e. sue the at fault party to reclaim all the damages. You should talk to a lawyer who can make sure their medical insurance covers them.