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MX, SX & Off-Road Discussions
General Moto | Off-Topic Posts
Taking a kid riding that isn't yours...
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[QUOTE="BRush, post: 170726, member: 18729"] Most people are not aware of it, but there's another risk that was not mentioned: insurance subrogation. It works like this: The parents of the kid you are going riding with work for, say, "ACME Products" which provides their medical insurance. So now you take the kid riding and he gets hurt. You go to the emergency room and get it taken care of. His parent's ACME medical insurance policy takes care of the bill. His parents are understanding, these things happen. End of story? No. Many large companies now use insurance subrogation to recover costs. Once per quarter ACME sends a CD-ROM with all their recent claims to a subrogation specialist. The subrogation firm data-mines the recently paid claims for accident codes - ones they think they can recover money on. The deal is that the subrogation specialist can keep $0.30 on the dollar of whatever they can recover. So about three to six months after the accident the kid's parents get a letter that has a very strong tone - much like a collection agency - demanding that they call immediately and provide details about the accident - implying that they will be in big, serious legal trouble if they don't cooperate. Based on that info, if the subrogator thinks they can hang some aspect of it on you, then they will try to recover money for ACME from you or your insurer. [/QUOTE]
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MX, SX & Off-Road Discussions
General Moto | Off-Topic Posts
Taking a kid riding that isn't yours...
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