Quote:
Originally Posted by rmay635703
To be honest I would check that if I were him. Knowing the government that would be $5k a year instead. 
If he has no real worldly possessions worth a whole lot it pays to be completely uninsured. More and more I find this to be totally true for most americans who own nothing including their house. If your paying a morgage you likely don't really own the house.
If you get in a bind and owe $10 mill what are they going to do? Take your $250 car? Take your house you owe more on than its worth?
Just remember at the hospital don't sign in as that verbage includes signing the ability for the hospital to collect any possessions you have to pay and to be able to harass you after filing bankrupcy. |
It may pay financially but to risk causing property damage and/or injury with no way or intention to pay for it is irresponsible.
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