How a Drunk Driver Can Cost You Down Time
A few months ago a good client, Tammy, called to say she had been T-Boned by a drunk driver in her straight truck. The guy was cited and it seemed pretty straight forward that he and his wifeâ€™s policy would pay Tammyâ€™s damage to her vehicle as well as her lost wages since she couldnâ€™t work without her truck.
I kept calling his insurance carrier to see why they were dragging their feet on paying Tammy. Turns out, the guy didnâ€™t have coverage. He had chosen to exclude himself from his wifeâ€™s policy to save money. That insurance carrier denied coverage to Tammy, her own insurance kicked in and they paid to repair her vehicle under her Collision coverage she had purchased on her own policy.
The worst part was that she hadnâ€™t purchased her own â€œDowntime Coverageâ€, so she was out of work for over 3 weeks and didnâ€™t have any pay.
Moral of Risky Business: Donâ€™t assume if an accident isnâ€™t your fault you'll be compensated for your lost wages.
Commercial Insurance Solutions, Inc.