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how come no one has posted about jackass Ben Chen yet?

Discussion in 'Porsche' started by ttforcefed, Apr 7, 2020.

  1. racer959

    racer959 Karting

    Feb 27, 2004
    194
    NJ
    How do you explain all the other cars he crashed? Was there family that passed away also. The guy can't drive. I think he should take up ping pong.
     
  2. Marko Mandaric

    Silver Subscribed

    Jan 22, 2020
    8
    Like most people who behave like that, inheriting it?
     
  3. Tcar

    Tcar F1 Rookie

    Here he/it is street racing in Beverly Hills not long ago....

     
  4. anunakki

    anunakki Five Time F1 World Champ
    Rossa Subscribed Owner

    Oct 8, 2005
    52,693
    Las Vegas Nevada
    Full Name:
    Jerry
    Is that true? Theres no point at which you cant get insurance ? I thought there which was why some self-insure by sticking a few million an an insurance account (not sure the proper term)
     
  5. donv

    donv F1 World Champ
    Rossa Subscribed Owner

    Jan 5, 2002
    19,302
    Portland, Oregon
    Full Name:
    Don
    Oregon used to allow you to self insure by posting a bond (it wasn't millions, either-- it was more like $100k) but I just checked, and now they only allow you to do that if you operate 25 or more vehicles. So I think that's why they adopted the high risk pool. All you get there is minimum liability coverage, which isn't much.

    Maybe other states still allow you to self-insure for liability?
     
    anunakki likes this.
  6. dm_n_stuff

    dm_n_stuff Global Moderator
    Global Moderator Owner Lifetime Rossa

    Dec 10, 2003
    35,242
    The Sunshine State
    Full Name:
    Dave
    http://www.hayesbrokers.com/assigned-risk-auto/

    Link to state by state assigned risk pool if you scroll down the article.

    Doesn't only apply to auto insurance. In Pennsylvania there is an equivalent type of coverage for worker's comp.

    D
     
    anunakki likes this.
  7. exoticcardreamer

    exoticcardreamer Formula Junior

    Dec 9, 2014
    950
    usa
    Full Name:
    doesitmatter
    California you can self insure by placing $35k with the state or getting a bond for $35k

    obviously , you can’t have a loan holder on the car as that won’t meet their requirements...
     
  8. rob lay

    rob lay Administrator
    Staff Member Admin Owner Miami 2018

    Dec 1, 2000
    50,575
    Southlake, TX
    Full Name:
    Rob Lay
    seems low for liability or this is just damage?
     
  9. exoticcardreamer

    exoticcardreamer Formula Junior

    Dec 9, 2014
    950
    usa
    Full Name:
    doesitmatter
    I'v put in bold and italics below the relevant part of the $35K cash deposit/bond
    under "what are the types of financial responsiblity?"

    https://www.dmv.ca.gov/portal/dmv/detail/pubs/brochures/fast_facts/ffvr18

    Financial Responsibility (Insurance) Requirements for Vehicle Registration (FFVR 18)
    PDF Version

    Do I Need Financial Responsibility?
    Financial responsibility (commonly known as insurance) is required on all vehicles operated or parked on California roadways.

    You must carry evidence of financial responsibility in your vehicle at all times and it must be provided as specified below when:

    • Requested by law enforcement.
    • Renewing vehicle registration.
    • The vehicle is involved in a traffic collision.
    Insurance companies in California are required by law (California Vehicle Code [CVC] §16058) to electronically report private-use vehicle insurance information to the Department of Motor Vehicles (DMV). Insurance companies are exempt from electronically reporting insurance information for vehicles covered by commercial or business insurance policies.

    Electronic reporting of insurance information and programming changes that took effect in 2006, allow DMV to
    monitor insurance coverage and take appropriate actions through vehicle suspension as required by law.

    Law enforcement and court personnel have electronic access to insurance status on DMV records.

    What Are the Minimum Liability Insurance Requirements for Private Passenger Vehicles (California Insurance Code §11580.1b)?
    • $15,000 for injury/death to one person.
    • $30,000 for injury/death to more than one person.
    • $5,000 for damage to property.
    Liability insurance compensates a person other than the policy holder for personal injury or property damage.

    Comprehensive or collision insurance does not meet vehicle financial responsibility requirements.

    What Are the Types of Financial Responsibility?
    • Motor vehicle liability insurance policy.
    • Cash deposit of $35,000 with DMV.
    • DMV-issued self-insurance certificate.
    • Surety bond for $35,000 from a company licensed to do business in California.
    For information regarding cash deposits or self-insurance, contact the DMV Financial Responsibility Unit at (916) 657-6520.

    To locate a company that issues surety bonds, contact the Department of Insurance at insurance.ca.gov or by calling 1-800-927-4357.

    Is Low Cost Insurance Available?
    If you cannot afford liability insurance, you may be eligible for the California Low Cost Automobile Insurance Program. Additional information is available at mylowcostauto.com or by calling 1-866-602-8861.

    Will I Be Asked to Provide Evidence of Financial Responsibility?
    You may be requested to submit additional insurance information to DMV, such as:

    • A document or identification card from your insurance company.
    • A DMV authorization letter, if you are a cash depositor or are self-insured.
    • California Proof of Insurance Certificate (SR 22) form for broad coverage or owner’s policy.
    • Evidence that the vehicle is owned or leased by a public entity defined in California Government Code §811.2.
    • A Notification of Alternative Forms of Financial Responsibility (REG 5085) form for a vehicle covered by commercial or business policies and being registered for the first time.
    • A Statement of Facts (REG 256) form certifying the motor carrier has evidence of insurance on file with the Public Utilities Commission or DMV pursuant to CVC §34630.
    Must I Notify DMV Before I Cancel My Insurance?
    Yes. To prevent a vehicle registration suspension, you must notify DMV before you cancel your insurance. If you are not operating your currently registered vehicle, and it is not parked on a California roadway, you may submit an Affidavit of Non-Use (ANU) (REG 5090) form to DMV online at dmv.ca.gov, by calling the automated voice system at 1-800-777-0133, or by mail to one of the addresses at the end of this brochure.

    You may remove the ANU during the same registration year online at dmv.ca.gov, by calling 1-800-777-0133, or by mailing evidence of insurance to the DMV-VIP Unit at the address at the end of this brochure.

    After filing the ANU, the vehicle’s insurance may be cancelled. However, if the vehicle is still not in use when registration renewal fees are due, you must pay renewal fees or request the vehicle be placed on planned nonoperation (PNO) status. You are not eligible to file an ANU once the registration expires. You can obtain additional PNO information at dmv.ca.gov.

    When Is My Vehicle Registration Subject to Suspension (CVC §4000.38)?
    Vehicle registration is suspended when:

    • DMV is notified that an insurance policy has been cancelled and a replacement policy is not submitted within 45 days.
    • Insurance information is not submitted to DMV within 30 days of issuance of a registration card upon initial registration or transfer of ownership.
    • The registration is obtained by providing false evidence of insurance.
    What Do I Do If My Vehicle Registration Is Suspended?
    If you have received a letter from DMV stating your vehicle registration will be suspended in the near future or has
    already been suspended, submit your insurance information and/or reinstatement fee:

    • Online at dmv.ca.gov (with or without a notification letter). The Vehicle Registration Suspensions and Insurance Program pages provide up-to-date vehicle registration insurance suspension status and options to submit a reinstatement fee payment electronically, submit insurance information, submit/remove an Affidavit of Non-Use (ANU), and frequently asked questions (FAQ).
    • By mail with your notification letter. Mail the detachable stub from your notification letter, proof of liability insurance, and/or a reinstatement fee payment to:
      DMV
      PO Box 997405
      Sacramento, CA 95899-7405

    • By mail without a notification letter. Mail proof of liability insurance and/or a reinstatement fee payment to:
      DMV-VIP Unit
      PO Box 997408 MS N305
      Sacramento, CA 95899-7408

    • By telephone on the automated voice system at 1-800-777-0133. You may also verify your registration insurance suspension status, submit a reinstatement fee payment, submit proof of liability insurance, and submit/remove an ANU.
    Note: DMV field office and call center personnel cannot process paperwork to clear vehicle registration insurance suspensions. You will be referred to one of the service options listed previously.

    What Are the Consequences of Driving a Vehicle With Suspended Registration?
    In addition to the vehicle registration suspension, you may:
    • Be cited.
    • Have your vehicle impounded.
    • Be personally liable for damages, if you are involved in a collision.
     
    rob lay likes this.
  10. randkin

    randkin Formula 3

    Aug 2, 2015
    1,232
    Somis, CA
    Full Name:
    Randy
    The limit is statutorily set in each state as the minimum required liability (bodily injury and property damage) limits. You can then perhaps get a “gap” layer of insurance up to $300k and then perhaps get a personal umbrella excess of $1mil or more. All depends how bad your MVR and accident record are whether or not you can purchase excess limits or not. Usually it is easier to get higher liability limits with a bad record than it is to get physical damage coverage to your own vehicles. This is because the “gap” layer only comes into play after the assigned risk limits are exhausted where the physical damage coverage comes into play at a lower amount say $5k -$10k deductible.
     
    rob lay likes this.

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