Quote:
Originally Posted by ksa8907
Insurance may be a ripoff but with the litigious nature of america, (I.e. suing mcdonalds for burning yourself on hot coffee), its convenient.
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Good old McDonald's coffee. Please don't perpetuate the myth. McDonald's coffee was too hot, almost 200 degrees actually (imagine drinking the water in your radiator). They kept settling out of court for next to nothing (less than $1k, over 700 times).She needed $20k to handle skin grafts, they would only give her $800. So they went to trial, and the jury punished McDonald's since they wouldn't change their ways. The final settlement (after the headline grabbing verdict), was closer to $500k. Which is what it took for them to quit, and is more than fair IMHO.
Here's a link to the pictures McDonald's wanted to pay $800 dollars for to a little old lady (warning: graphic)
http://2.bp.blogspot.com/-jqHC3ome9L...naldsburns.jpg
All of my insurance is mandatory (except life), or I would drop it. I only fear lawyers once a semester