2004-02-09, 11:18 AM
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#23
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El Matador
Real Name: Matt
Join Date: Dec 2002
Location: Reno, NV
Posts: 10,660
Car: 2012 Toyota Tacoma
Class: ?
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Quote:
Originally Posted by ArthurS
Any property damage, bodily injury, personal injury, loss or damage to your vehicle "arising out of the participation in any prearranged, organized, or SPONTANEOUS:"
This meaning, if you do something stupid while street racing, like hitting a pole or someone else, the insurance company does not have to pay out. This would be especially bad for you when you cause injury to someone else, because the insurance company does not have to pay for their injuries. So now, whomever you injury, has to sue you directly to obtain money for their injuries. This means attached wages, loss of assets, etc.
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That's enough to ruin your whole life financially...And in my case, I would lose my job if I lost my license, so that's reason enough for me to be safe on the street. I couldn't imagine the hardship someone would go through trying to pay for an accident out of pocket because their insurance compnay denied coverage because of street racing :shock:
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