WEBVTT 1 00:00:00.480 --> 00:00:05.480 Yeah, ripped up. 2 00:00:06.960 --> 00:00:09.279 News need advice, so. 3 00:00:09.400 --> 00:00:10.039 You don't have. 4 00:00:12.199 --> 00:00:12.960 Come running. 5 00:00:13.240 --> 00:00:19.160 Just as fast as we can, the Shooter's gonna help coming. Man. 6 00:00:19.359 --> 00:00:30.600 This is the Troubleshooter Show, now Tom Martino. 7 00:00:27.280 --> 00:00:29.760 Not Tom Martino, but this is John Fuller filling in 8 00:00:29.800 --> 00:00:32.520 for Tom Martino and the Troubleshooter Network. Today is Wednesday, 9 00:00:32.560 --> 00:00:36.759 April thirtieth, and we have an exciting three days to 10 00:00:36.920 --> 00:00:40.280 look forward to. We're gonna cover a lot of ground. 11 00:00:41.119 --> 00:00:44.920 Update on Tomm. He's doing great. He texted me this morning. 12 00:00:44.920 --> 00:00:47.679 He's doing better than even yesterday, and so we're all 13 00:00:47.679 --> 00:00:51.000 excited to hear that and look forward to his speedy return. 14 00:00:51.679 --> 00:00:53.439 My name is John Fuller. Many of you know me. 15 00:00:53.479 --> 00:00:56.119 I'm a personal injury attorney here in the Denver area 16 00:00:56.159 --> 00:00:59.479 and have been for oh, I don't know, twenty three, 17 00:00:59.520 --> 00:01:03.840 almost twenty four years now, and I am a plaintiff's attorney. 18 00:01:03.840 --> 00:01:07.359 I only represent people that are victims of car crashes 19 00:01:07.920 --> 00:01:11.400 in their claims against the ad fault drivers and their 20 00:01:11.560 --> 00:01:16.040 insurance companies. And so we you know, you guys frequently 21 00:01:16.079 --> 00:01:19.439 hear from me, and it's all one sided and from 22 00:01:19.439 --> 00:01:22.799 the perspective of the guy that's going after the insurance companies. 23 00:01:23.040 --> 00:01:25.560 We have a really special guest today that's going to 24 00:01:25.640 --> 00:01:29.359 add a somewhat different perspective to it. Dan Mahony is 25 00:01:29.400 --> 00:01:34.560 with us. Say hello, Dan. Dan is with the Insurance 26 00:01:34.560 --> 00:01:40.000 Group of Denver. Dan is an independent insurance agency, right, 27 00:01:40.400 --> 00:01:43.439 and so as I understand it, correct me if I'm wrong. 28 00:01:43.519 --> 00:01:46.359 What that means is he's not beholden to any particular 29 00:01:46.439 --> 00:01:50.959 insurance company, and that affords you the opportunity to really 30 00:01:51.000 --> 00:01:53.760 try to come up with products that best suit the 31 00:01:53.799 --> 00:01:58.640 customers needs and kind of act more independently and less 32 00:01:58.879 --> 00:02:01.799 you know, one size fits all that you might get 33 00:02:01.879 --> 00:02:05.560 at a branded insurance agency or something along the way. 34 00:02:05.599 --> 00:02:08.919 Absolutely, you know branded agency is the agents there actually 35 00:02:08.960 --> 00:02:12.199 work for that carrier. When you call a direct carrier, 36 00:02:12.360 --> 00:02:14.240 the person you're talking to on the phone works for 37 00:02:14.360 --> 00:02:18.240 that direct carrier. As an insurance broker, we actually work 38 00:02:18.280 --> 00:02:21.159 for you. We represent you, and we look through the 39 00:02:21.159 --> 00:02:23.280 market to find items for you or products for you 40 00:02:23.319 --> 00:02:23.960 that work best. 41 00:02:24.599 --> 00:02:27.439 So we are going to talk about all sorts of 42 00:02:27.439 --> 00:02:30.960 stuff today about you know, the different options you have 43 00:02:31.199 --> 00:02:33.960 for insurance, how that insurance comes into play in the 44 00:02:33.960 --> 00:02:36.960 event that something bad happens to you, Whether you're a 45 00:02:37.120 --> 00:02:41.120 victim or even whether you happen to make a mistake 46 00:02:41.199 --> 00:02:45.360 and cause an accident, and that unfortunately happens to listeners 47 00:02:45.400 --> 00:02:48.080 as well. And I get those calls all the time, 48 00:02:48.199 --> 00:02:51.960 and it's sometimes a pretty difficult call because people are 49 00:02:52.000 --> 00:02:56.039 shocked to hear what their insurance companies actually will and 50 00:02:56.159 --> 00:02:59.479 won't do for them when that you know, when that 51 00:02:59.520 --> 00:03:02.479 event happen. And so we encourage your calls here on 52 00:03:02.520 --> 00:03:06.199 the Troubleshooter Network. We solve problems, answer questions, take complaints. 53 00:03:06.599 --> 00:03:09.719 We are here to help you and work through all 54 00:03:09.759 --> 00:03:11.919 of your issues. We have a couple of deputies in 55 00:03:11.960 --> 00:03:15.719 with us today, Deputy Doc longtime OBG y N doc 56 00:03:16.039 --> 00:03:18.879 in Denver and a valuable member of the team. And 57 00:03:18.919 --> 00:03:24.080 we have our ever popular Dmitri who is just a 58 00:03:24.159 --> 00:03:27.759 master of all things and here to chime in as well. 59 00:03:27.879 --> 00:03:31.199 So call us up. We're here to help. We look 60 00:03:31.240 --> 00:03:34.319 forward to your calls no matter the issue. If you've 61 00:03:34.319 --> 00:03:38.159 been ripped off, taking advantage of anything along those lines, 62 00:03:38.240 --> 00:03:40.479 we are here to help and we are looking for 63 00:03:40.520 --> 00:03:43.800 your calls, so we will get started in that. How 64 00:03:44.240 --> 00:03:47.639 let's check in with our deputies here. How's things going there? Dmitri. 65 00:03:49.120 --> 00:03:52.520 Good John, you know, I'm glad you brought up how 66 00:03:52.680 --> 00:03:54.800 things are going, because we do have an interesting case 67 00:03:54.800 --> 00:03:57.400 that came up a couple of days ago, and I've 68 00:03:57.439 --> 00:03:59.039 been thinking about it and i'd like to get your 69 00:03:59.039 --> 00:04:03.120 input on this, because even though you're not a contract's 70 00:04:03.120 --> 00:04:05.680 attorney per se, I think most of your job is 71 00:04:05.719 --> 00:04:08.199 dealing with contracts and contractual. 72 00:04:07.639 --> 00:04:09.039 Relationships to an extent. 73 00:04:09.240 --> 00:04:11.240 So a few days ago, lady by the name of 74 00:04:11.280 --> 00:04:14.759 Haley called this. She and her roommate rented a downtown 75 00:04:14.759 --> 00:04:18.040 apartment at an eyewatering price of three thousand dollars. 76 00:04:18.120 --> 00:04:18.759 Oh. 77 00:04:18.800 --> 00:04:21.519 Everything went well until she and the roommate had some 78 00:04:21.600 --> 00:04:24.040 kind of a falling out. And I guess it was 79 00:04:24.079 --> 00:04:26.800 a serious enough falling out that the roommate had either 80 00:04:26.879 --> 00:04:29.959 applied for a protection order or got one. It wasn't 81 00:04:30.040 --> 00:04:32.560 very clear from the phone call. But that's not the 82 00:04:32.600 --> 00:04:36.360 actually important part. Okay, The important part is this, This 83 00:04:36.519 --> 00:04:40.439 now estranged roommate went to the apartment manager's office and 84 00:04:40.560 --> 00:04:44.720 presented them with this problem that she's personally having with Haley, 85 00:04:45.399 --> 00:04:48.000 and the apartment manager let her out. 86 00:04:47.800 --> 00:04:48.480 Of her lease. 87 00:04:48.759 --> 00:04:53.199 Oh and unfortunately for Haley, that resulted in Haley being 88 00:04:53.360 --> 00:04:55.959 stuck with the entire three thousand dollars a month rent 89 00:04:56.000 --> 00:05:00.639 plus utilities, which she can't afford. Now, with the mistake 90 00:05:01.040 --> 00:05:03.439 I think that we possibly made during the show a 91 00:05:03.480 --> 00:05:07.160 few days ago, is we evaluated this matter from the 92 00:05:07.199 --> 00:05:10.160 perspective of the lease. What does the lease say? And 93 00:05:10.279 --> 00:05:14.360 sure says that she's jointly and severally responsible. But I've 94 00:05:14.399 --> 00:05:17.519 been thinking. Brad O'Brien confirmed that, of course, right, that's 95 00:05:17.560 --> 00:05:20.600 an easy one. But I've been thinking about this for 96 00:05:20.680 --> 00:05:23.240 the past few days, and I think that we may 97 00:05:23.560 --> 00:05:25.680 we should have and tell me if I'm right or 98 00:05:25.680 --> 00:05:28.120 wrong here, if this is the right approach, I think 99 00:05:28.160 --> 00:05:31.079 we should have evaluated this matter from the perspective of 100 00:05:31.560 --> 00:05:36.040 simply a contractual relationship, which is this, there are three princes. 101 00:05:36.079 --> 00:05:39.439 There are three principles, right, the landlord and each of 102 00:05:39.480 --> 00:05:43.160 the two tenants. Now, each of the two tenants entered 103 00:05:43.199 --> 00:05:47.199 into a contractual relationship between all three of them with 104 00:05:47.279 --> 00:05:50.240 the understanding that each of the two tenants will sign 105 00:05:50.279 --> 00:05:54.360 and perform their obligations under their lease. And everything went 106 00:05:54.399 --> 00:05:59.680 well until Tenant one and a landlord got together without 107 00:05:59.720 --> 00:06:05.079 ten two's knowledge or permission, and decided that Tenant one 108 00:06:05.560 --> 00:06:09.000 is no longer obligated to perform her obligations under this 109 00:06:09.160 --> 00:06:13.839 lease that was done. The effect of that was to 110 00:06:13.879 --> 00:06:18.759 the financial detriment a tenant number two. So if we 111 00:06:18.800 --> 00:06:22.399 look at it from that perspective, is it then fair 112 00:06:22.439 --> 00:06:27.360 and equitable to hold tenant two responsible for both of 113 00:06:27.399 --> 00:06:31.160 these obligations even though the only reason she entered into 114 00:06:31.160 --> 00:06:35.399 this contractual relationship not the lease, but the contractual unwritten 115 00:06:35.439 --> 00:06:39.600 relationship between the three parties, with the understanding that tenant 116 00:06:39.680 --> 00:06:41.720 number one will be equally responsible. 117 00:06:42.480 --> 00:06:46.279 How in the world did the tenant convince the landlord 118 00:06:46.319 --> 00:06:48.879 to let her off the lease? How did that happen? 119 00:06:49.000 --> 00:06:54.199 Well, so what we infer from what Haley said is 120 00:06:54.399 --> 00:06:57.360 tenant one went to the landlord and said, hey, this 121 00:06:57.480 --> 00:07:00.879 is now becoming a physically dangerous and vironment. I mean, 122 00:07:00.920 --> 00:07:04.959 I infer that because Hailey said that there was mention 123 00:07:05.240 --> 00:07:10.319 of a protective protection order. So so so the landlord 124 00:07:10.399 --> 00:07:12.240 I assume, Now there are a lot of assumptions in 125 00:07:12.279 --> 00:07:15.680 this assume. Well, you know, we're not we're gonna let 126 00:07:15.720 --> 00:07:17.839 her out because she claims to be in danger and 127 00:07:17.920 --> 00:07:20.279 she gets murdered, we don't want to be responsible for that, 128 00:07:20.360 --> 00:07:25.120 right but I think how she convinced the landlord is 129 00:07:25.439 --> 00:07:26.600 to me irrelevant. 130 00:07:27.040 --> 00:07:31.480 It's it's just a yeah, it's a tough situation. Let's uh, 131 00:07:31.600 --> 00:07:33.360 let's kind of dive into that as soon as we 132 00:07:33.399 --> 00:07:36.079 get back from the first break. To the callers out there, 133 00:07:36.160 --> 00:07:38.720 the number to reach us today is seven one three 134 00:07:38.759 --> 00:07:41.040 eight two five five three oh three seven one three 135 00:07:41.160 --> 00:07:45.000 eight two five five Help at Troubleshooter dot com. Give 136 00:07:45.079 --> 00:07:47.480 us a call. We're here to help you, and we'll 137 00:07:47.480 --> 00:07:49.040 be right back in just a moment. 138 00:07:53.920 --> 00:07:57.240 Go with a sure thing Denver's best roofer Excel Roofing 139 00:07:57.279 --> 00:07:57.879 dot com. 140 00:07:57.920 --> 00:07:59.920 You don't pay a cent until you're content. 141 00:08:03.319 --> 00:08:06.519 Time for an insurance check up free, no obligation comparison 142 00:08:06.639 --> 00:08:10.199 call Compass Insurance paying too much your coverage at dozens 143 00:08:10.199 --> 00:08:12.920 of insurance companies find out now three all three seven 144 00:08:12.959 --> 00:08:15.279 to seven to one help. You'll think you're his only 145 00:08:15.399 --> 00:08:17.839 customer when you choose Frank durand the Real estate Man 146 00:08:17.920 --> 00:08:21.360 dot com to list your home with Remax Alliance three 147 00:08:21.360 --> 00:08:24.319 all three nine two zero sixteen twenty two. 148 00:08:29.720 --> 00:08:33.399 Hello John Fuller, coming back at you on the Troubleshooter Show. 149 00:08:33.720 --> 00:08:36.679 Here rapidly filling up the phone lines. We're going to 150 00:08:36.720 --> 00:08:38.519 go right to the lines. We will get back to 151 00:08:38.559 --> 00:08:41.840 Dimitri's issue. That is an interesting deal that's going to 152 00:08:41.919 --> 00:08:43.879 take a little while to discuss, So don't think that 153 00:08:43.960 --> 00:08:46.840 we're not dealing with that. But we have a whole 154 00:08:47.159 --> 00:08:49.080 list of callers here and we're going to get started 155 00:08:49.159 --> 00:08:52.279 right away. Lissa, you have an issue with your lease 156 00:08:52.360 --> 00:08:53.720 or your apartment. What's going on? 157 00:08:55.159 --> 00:09:00.559 So I had to sign the lease on Monday. Sorry, daughter, 158 00:09:00.639 --> 00:09:03.679 But and after I signed the lease, we had went 159 00:09:03.720 --> 00:09:06.559 in to move our stuff and there was a cockroach 160 00:09:06.639 --> 00:09:07.120 on the wall. 161 00:09:07.440 --> 00:09:09.080 Mind you, these. 162 00:09:08.919 --> 00:09:12.519 Aren't newly or what they say are newly renovated apartments. 163 00:09:12.840 --> 00:09:15.720 So I was really shocked when I seen one, and 164 00:09:15.799 --> 00:09:18.279 so I had called the office was closed. 165 00:09:18.320 --> 00:09:18.840 The next day. 166 00:09:18.840 --> 00:09:20.600 I had called and informed them I wanted to break 167 00:09:20.600 --> 00:09:23.039 my lease. They said that they would have to get 168 00:09:23.039 --> 00:09:25.559 in contact with corporate because I told them I wanted 169 00:09:25.559 --> 00:09:27.600 all my money back, because I mean, I have a kid, 170 00:09:27.840 --> 00:09:30.639 like you know, I can't live with a roach infestation. 171 00:09:31.799 --> 00:09:34.519 I talked to the tenants nearby, and not a lot 172 00:09:34.559 --> 00:09:37.480 of them spoke English, so it's kind of hard to, like, 173 00:09:37.679 --> 00:09:41.360 you know, understand how bad the situation really was. Well, 174 00:09:41.399 --> 00:09:44.159 I guess it's so bad that they spray these apartments 175 00:09:44.200 --> 00:09:46.000 like fights every two weeks. 176 00:09:46.399 --> 00:09:47.120 That means that. 177 00:09:47.159 --> 00:09:51.039 There's like a major roach infestation twice every two weeks, 178 00:09:51.120 --> 00:09:52.279 is like really concerning. 179 00:09:54.440 --> 00:09:57.399 Yeah, I can appreciate that. Have you seen evidence of 180 00:09:57.440 --> 00:09:59.720 this infestation or just one cockroach? 181 00:10:00.799 --> 00:10:02.320 Well I had seen too. 182 00:10:02.440 --> 00:10:04.039 I had seen the first one on the wall, and 183 00:10:04.080 --> 00:10:07.759 then the second one in the bathroom, and then when 184 00:10:07.759 --> 00:10:10.399 we further like looked at the baseboards and stuff, there 185 00:10:10.480 --> 00:10:13.039 was a bunch of dead ones, and so I was like, okay, 186 00:10:14.559 --> 00:10:17.840 well say like bomb. Then frequently I was like, maybe 187 00:10:17.840 --> 00:10:19.399 there's just not that much. I mean it was the 188 00:10:19.399 --> 00:10:21.759 middle of the day. Roaches are like nocturnal, you know, 189 00:10:21.919 --> 00:10:25.120 so they should have never even been out anyway. But 190 00:10:25.720 --> 00:10:28.639 when speaking with other tenants, they said, like, it's such 191 00:10:28.639 --> 00:10:31.759 a bad issue that there's roaches in our TV and 192 00:10:31.840 --> 00:10:32.799 their microwaves. 193 00:10:33.159 --> 00:10:33.399 Yeah. 194 00:10:33.559 --> 00:10:35.919 Yeah, I used to live in New York, like in 195 00:10:36.000 --> 00:10:40.360 New York City, and cockroaches are a scourge. So if 196 00:10:40.480 --> 00:10:43.360 Lisa saw two cockroaches, that means there are two thousand 197 00:10:43.480 --> 00:10:45.679 more they will come out at night. But I think 198 00:10:45.720 --> 00:10:50.000 an even bigger issue than the disgusting revolting cockroaches. Is 199 00:10:50.039 --> 00:10:52.799 the fact that they spray these chemicals to right, and 200 00:10:52.840 --> 00:10:55.519 she has a little daughter, and god forbid, she has 201 00:10:55.559 --> 00:10:57.840 a cat or a dog or something. All of these 202 00:10:57.879 --> 00:11:01.600 creatures are gonna get poisoned or the cockroaches get poisoned. 203 00:11:01.720 --> 00:11:04.679 Face on your experience, what should she do? Oh, I 204 00:11:04.720 --> 00:11:07.399 would definitely find a different place. Yeah. 205 00:11:07.480 --> 00:11:10.879 Now, I do recognize that I may be unusually sensitive 206 00:11:10.919 --> 00:11:14.200 to cockroaches because of my early experience with him. But 207 00:11:14.519 --> 00:11:16.559 this is a serious issue. I heard her daughter in 208 00:11:16.559 --> 00:11:19.320 the background. She's a tiny little baby. So, John, does 209 00:11:19.360 --> 00:11:21.240 she have a leg to stand them? Does she have 210 00:11:21.320 --> 00:11:25.240 a technically valid reason to be afraid for her health 211 00:11:25.720 --> 00:11:27.919 and the health of her not just being disgusted? 212 00:11:28.120 --> 00:11:31.799 Yeah, I think if the apartment poses a health and 213 00:11:31.840 --> 00:11:35.039 safety risk to the daughter, she's got a pretty good grounds, 214 00:11:36.200 --> 00:11:39.120 you know, to attempt to break the lease. Now, you know, listen, 215 00:11:39.519 --> 00:11:45.039 everything in real estate, everything hey By sell contracts, lease contracts, 216 00:11:45.080 --> 00:11:48.720 everything else. It's a contract and your rights are spelled 217 00:11:48.759 --> 00:11:51.559 out in the contract. And so what happens when you 218 00:11:51.840 --> 00:11:55.320 decide to break that lease is either laid out in 219 00:11:55.360 --> 00:11:58.320 the contract or it's not. Now, I think you've got 220 00:11:58.360 --> 00:12:02.840 a valid reason to want to live there, and that 221 00:12:03.000 --> 00:12:06.799 reason may be good enough to carry the day. I mean, 222 00:12:06.879 --> 00:12:09.080 I think you can say to the landlord and to 223 00:12:09.159 --> 00:12:12.200 the management company that you know that the next call 224 00:12:12.320 --> 00:12:14.840 is to the health department and you've got these valley 225 00:12:14.879 --> 00:12:18.360 concerns and stuff, and they may just not want you 226 00:12:18.480 --> 00:12:20.799 in their apartment well enough to get you out of 227 00:12:20.840 --> 00:12:23.799 there and to let you back out of the lease, 228 00:12:23.960 --> 00:12:27.200 especially since you've never really moved into the place. I mean, 229 00:12:27.240 --> 00:12:29.919 come on, it's not like there's any real damage. There's 230 00:12:29.960 --> 00:12:32.879 no move out cleaning fee or any of that crap. 231 00:12:32.960 --> 00:12:36.240 It's just no harm, no foul. Let's move on. But 232 00:12:36.879 --> 00:12:39.480 if push comes to shove and they want to enforce it, 233 00:12:39.519 --> 00:12:41.559 they're going to claim that you breach the contract, and 234 00:12:41.639 --> 00:12:44.279 they can take you to court and a judge can 235 00:12:44.320 --> 00:12:46.480 decide whether or not you've breached it. But I would 236 00:12:46.519 --> 00:12:50.600 warn you that as a person that is you know, 237 00:12:50.759 --> 00:12:54.559 is renting apartments, you know, you don't want to really 238 00:12:54.639 --> 00:12:57.799 have on your record that you've violated a lease and 239 00:12:57.840 --> 00:13:00.960 you've breached it or you've not paid your your obligations 240 00:13:01.039 --> 00:13:03.679 on time, because that's going to cause problems for the 241 00:13:03.720 --> 00:13:06.279 next you know, place that you go to and everything else. 242 00:13:06.399 --> 00:13:09.039 But but I would start by having a conversation with 243 00:13:09.120 --> 00:13:12.200 their corporate office and saying, look, you guys have a 244 00:13:12.519 --> 00:13:16.360 major health problem here and and and bringing that to 245 00:13:16.440 --> 00:13:19.399 their you know, to their attention and and if you've 246 00:13:19.399 --> 00:13:23.159 got a child, particularly one with any with any health issues, 247 00:13:23.399 --> 00:13:26.679 you know, I just don't see them really pushing to 248 00:13:26.840 --> 00:13:28.399 enforce that too much, do you. 249 00:13:28.759 --> 00:13:31.440 Well, Jean, I haven't. I think you're absolutely right, But 250 00:13:31.639 --> 00:13:34.759 I think that a lot of these problems are resolved 251 00:13:34.799 --> 00:13:38.159 before they even get to court or a default situation. 252 00:13:38.679 --> 00:13:39.600 So what do you think of this? 253 00:13:39.720 --> 00:13:40.919 Elisa and John? 254 00:13:41.799 --> 00:13:44.360 Why don't you tell the Why don't you follow up 255 00:13:44.360 --> 00:13:47.480 this conversation with your property manager who hasn't gotten back 256 00:13:47.480 --> 00:13:50.679 to you with the answer yet? With this You discussed 257 00:13:50.679 --> 00:13:53.360 this with a Tom Martino troubleshooter on the radio without 258 00:13:53.440 --> 00:13:56.159 mentioning the apartment complex's name or the name of the 259 00:13:56.200 --> 00:14:01.159 property management company. But we, myself especially, are extremely interested 260 00:14:01.200 --> 00:14:04.320 in seeing how this issue gets resolved, and we asked 261 00:14:04.360 --> 00:14:08.799 you to call and email us with what the property 262 00:14:08.840 --> 00:14:12.440 manager offers as a resolution to your problem, and then 263 00:14:12.480 --> 00:14:16.200 we can update the story on the air without their 264 00:14:16.279 --> 00:14:17.240 name being mentioned. 265 00:14:17.240 --> 00:14:17.799 On the air. 266 00:14:18.080 --> 00:14:20.120 It's going to be up to them, and you can 267 00:14:20.159 --> 00:14:23.159 feel free to give them my personal cell phone number, Lisa, 268 00:14:23.399 --> 00:14:26.360 which Kelly here. When we're done with your phone call 269 00:14:26.399 --> 00:14:28.440 on the air, Kelly will give you my personal cell 270 00:14:28.480 --> 00:14:32.120 phone number. And please let me know what the apartment 271 00:14:32.159 --> 00:14:34.840 manager said about you being able to get out of 272 00:14:34.840 --> 00:14:37.759 this lease without incurring any financial burden. 273 00:14:37.840 --> 00:14:39.919 I mean, there's a reason, Lissa, while we didn't ask 274 00:14:40.039 --> 00:14:43.320 what the apartment complex is at this stage, because you know, 275 00:14:43.399 --> 00:14:45.639 that's kind of the nuclear button when you go and 276 00:14:46.399 --> 00:14:48.320 put it out on the radio that you've got this 277 00:14:48.440 --> 00:14:52.360 massive roach infestation and everything else. So we're trying to 278 00:14:52.360 --> 00:14:55.440 give you as many tools in your toolbag to use. 279 00:14:55.559 --> 00:14:58.759 And what Dimitria is suggesting is that you let them 280 00:14:58.840 --> 00:15:01.919 know that this could go another way without without threatening. 281 00:15:01.960 --> 00:15:04.759 Don't be rude, you know, be nice, because. 282 00:15:04.759 --> 00:15:07.399 Were extremely interested in prayer and on the air up 283 00:15:07.399 --> 00:15:10.720 there is very interesting, you know, jumping at the bit, 284 00:15:10.919 --> 00:15:13.480 like really really interesting looking. 285 00:15:13.279 --> 00:15:16.799 Forward to it. So does that make sense to you listen? 286 00:15:17.759 --> 00:15:19.200 Yeah, Yeah, they said that they. 287 00:15:19.080 --> 00:15:21.840 Would give me a call back today early morning, mid 288 00:15:21.879 --> 00:15:25.960 afternoon to let me know what corporate had said. I'm 289 00:15:26.000 --> 00:15:29.519 assuming they're kind of realizing that if I decide to 290 00:15:29.559 --> 00:15:32.919 take them to court, they probably wouldn't win. I think 291 00:15:32.919 --> 00:15:36.840 the reason why so many of the people that live there, 292 00:15:36.879 --> 00:15:39.279 you know, happen to live there because they can'tward anything 293 00:15:39.279 --> 00:15:43.000 else and they don't understand that this is like borderline illegal, 294 00:15:43.080 --> 00:15:45.679 if not illegal to you praying it so many times. 295 00:15:45.720 --> 00:15:47.320 So are you in the unit right now? 296 00:15:48.399 --> 00:15:48.559 No? 297 00:15:48.879 --> 00:15:51.960 No, we completely After that, After in that road we left, 298 00:15:52.000 --> 00:15:54.000 I was like, I'm not even gonna try to do this. 299 00:15:54.200 --> 00:15:56.080 I don't even want to do this. So we just 300 00:15:56.120 --> 00:15:59.960 went and stayed with my daughter's grandparents for a little bit, 301 00:16:00.120 --> 00:16:01.519 and can you find something different? 302 00:16:01.759 --> 00:16:04.200 Yeah, I think that's important too, to not not actually 303 00:16:04.279 --> 00:16:06.960 take possession of the of the property. But I was 304 00:16:07.000 --> 00:16:08.960 going to say, if you did take possession, you need 305 00:16:09.000 --> 00:16:12.360 to be taking lots of photographs of these of these roaches. 306 00:16:12.399 --> 00:16:14.600 But it's better that you didn't move in at all. 307 00:16:14.679 --> 00:16:17.759 So keep us in the loop, would you please, and 308 00:16:18.240 --> 00:16:21.080 we'll look forward to hearing back and trying to get 309 00:16:21.120 --> 00:16:25.240 you some help on this. Okay, thanks listen for the call. 310 00:16:25.279 --> 00:16:27.720 We're gonna we're gonna move along here. We've got Eric 311 00:16:27.799 --> 00:16:31.919 on the line. Eric is looking for help with a timeshare. 312 00:16:32.000 --> 00:16:35.600 What's going on, Eric, Well. 313 00:16:35.399 --> 00:16:38.759 Basically, I'm calling and get out for my daughter. She 314 00:16:38.879 --> 00:16:46.559 got roped into the the Vegas Hilton timeshare deal and 315 00:16:46.960 --> 00:16:50.399 as far as I can tell, she didn't really understand 316 00:16:50.480 --> 00:16:53.080 what was going on, and she felt like she was 317 00:16:53.200 --> 00:16:57.799 pressured and manipulated, and she thought what she was actually 318 00:16:58.759 --> 00:17:04.200 getting was ADIT card and either a free or discounted vacation. 319 00:17:05.240 --> 00:17:09.759 How old is you er, Well, this was she was 320 00:17:09.799 --> 00:17:12.119 twenty one at the time. She just turned twenty one 321 00:17:12.200 --> 00:17:15.839 that weekend, and we took her to Vegas, you know, 322 00:17:15.920 --> 00:17:17.119 to celebrate her birthday. 323 00:17:17.160 --> 00:17:18.839 And okay, so you are. 324 00:17:19.039 --> 00:17:21.559 Walked into one of the casinos and you know, they 325 00:17:21.599 --> 00:17:23.680 had a kiosk there with a couple of people and 326 00:17:23.720 --> 00:17:26.000 they kind of, you know, coerce her and. 327 00:17:25.920 --> 00:17:28.400 Her So she thought she signed up for a credit card, 328 00:17:28.440 --> 00:17:30.039 and she walked out with a timeshare. 329 00:17:31.240 --> 00:17:34.480 Yeah, in a three thousand dollars bill. All right on 330 00:17:34.519 --> 00:17:36.400 that credit said credit cards? 331 00:17:36.799 --> 00:17:38.880 Eric, do you have a copy of everything she signed? 332 00:17:40.000 --> 00:17:40.519 Yes? I do. 333 00:17:40.640 --> 00:17:42.000 Can you email it to us please? 334 00:17:42.079 --> 00:17:44.480 Yeah? Eric, I'm gonna put you back on hold. Kelly's 335 00:17:44.480 --> 00:17:46.079 going to give you the email address. I'd love to 336 00:17:46.079 --> 00:17:48.319 see all that paperwork. If you could get that to us, 337 00:17:48.920 --> 00:17:50.319 that would be great. We're going to go to a 338 00:17:50.400 --> 00:17:52.160 quick break, but do get that stuff to us and 339 00:17:52.160 --> 00:17:54.519 then we'll have a lot better chance of trying to 340 00:17:54.559 --> 00:17:57.640 figure out how to how to navigate through this deal. 341 00:17:57.640 --> 00:18:06.440 Okay, Eric, thanks, go with a sure thing Denver's best 342 00:18:06.480 --> 00:18:08.480 rufer excelroofing dot com. 343 00:18:08.519 --> 00:18:10.519 You don't pay a cent until you're content. 344 00:18:13.880 --> 00:18:17.480 Time for an insurance checkup free no obligation comparison call 345 00:18:17.559 --> 00:18:20.880 Compass Insurance paying too much your coverage at dozens of 346 00:18:20.920 --> 00:18:23.640 insurance companies find out now three O three seven to 347 00:18:23.640 --> 00:18:26.440 seven to one help. You'll think you're his only customer 348 00:18:26.480 --> 00:18:28.720 when you choose Frank durand the real estate Man dot 349 00:18:28.759 --> 00:18:32.240 com to list your home with Remax Alliance three three 350 00:18:32.359 --> 00:18:34.839 nine two zero sixteen twenty two. 351 00:18:37.880 --> 00:18:41.880 All right, welcome back John Fuller here with the Troubleshooter Network. 352 00:18:41.920 --> 00:18:43.720 We are rock and rolland one of the coolest things 353 00:18:43.759 --> 00:18:47.319 about this show is that we have such an amazing 354 00:18:47.359 --> 00:18:50.480 audience out there that sometimes we get calls from people 355 00:18:50.480 --> 00:18:53.559 that are experts that chime in and help educate us 356 00:18:53.599 --> 00:18:55.039 about what's going on. And so we're going to go 357 00:18:55.119 --> 00:18:59.519 right to Scott. Scott, I understand you are an entomologist 358 00:19:00.839 --> 00:19:03.440 for the benefit of our listeners. What is that? 359 00:19:05.319 --> 00:19:09.559 Okay? So I have degrees in entomology, which is the 360 00:19:09.599 --> 00:19:15.160 study of insects, and specifically I'm an urban entomologist because 361 00:19:15.680 --> 00:19:20.200 my work is around cockroaches and ants and termites and 362 00:19:20.319 --> 00:19:23.359 things like that. So how can you I am a 363 00:19:23.400 --> 00:19:24.119 real bug. 364 00:19:23.920 --> 00:19:26.559 Guy, real live bug guy. So what do you have 365 00:19:26.640 --> 00:19:29.359 to offer with Lissa's issue with these roaches in this 366 00:19:29.440 --> 00:19:30.880 apartment with their young child? 367 00:19:32.599 --> 00:19:37.599 Okay? Well, the first thing is that they really don't 368 00:19:37.640 --> 00:19:41.559 need to be spraying all those chemicals. There are a few, 369 00:19:42.400 --> 00:19:45.359 I guess I call them stone age companies that still 370 00:19:45.960 --> 00:19:48.759 do things the old fashioned way. But we've got a 371 00:19:48.799 --> 00:19:52.680 lot of phenomenal baits, which are basically, it's a food 372 00:19:52.759 --> 00:19:59.000 with a relatively non toxic poison in it, so that 373 00:19:59.039 --> 00:20:01.799 the cockroaches are acted to it, they eat it, and 374 00:20:01.880 --> 00:20:04.359 they die, so you can get rid of them completely 375 00:20:04.400 --> 00:20:06.160 without any spraying at all. 376 00:20:06.880 --> 00:20:09.359 But Scott, isn't the issue that thing? I mean, it 377 00:20:09.400 --> 00:20:12.480 seems to me that it's more challenging in a big 378 00:20:12.599 --> 00:20:15.480 multifamily building where you have so many units. I mean, 379 00:20:15.519 --> 00:20:19.200 how can you ever really get you know, full saturation 380 00:20:19.359 --> 00:20:22.960 of a baiting program and just completely annihilate a population 381 00:20:23.039 --> 00:20:23.559 of roaches. 382 00:20:25.279 --> 00:20:28.279 Okay, well, well, first of all, if it is actually 383 00:20:28.480 --> 00:20:33.359 an apartment complex and not a condominium complex with individual owners, right, 384 00:20:33.640 --> 00:20:37.799 it's real easy. It's just an accessibility thing. So if 385 00:20:37.839 --> 00:20:41.319 I can get in there and treat that, you don't 386 00:20:41.359 --> 00:20:44.720 have to there's no prep involved, so the tenants don't 387 00:20:44.759 --> 00:20:46.880 have to complain that, you know, they didn't have time 388 00:20:46.920 --> 00:20:49.400 to empty their cabinets and do all these other things. 389 00:20:49.559 --> 00:20:53.440 You can treat it. Well, they're actually there, and so 390 00:20:53.720 --> 00:20:56.559 it's very easy. It's just a matter of coordinating that 391 00:20:56.759 --> 00:21:00.920 with the management company and having access so we can 392 00:21:01.000 --> 00:21:02.440 go to every single unit. 393 00:21:03.039 --> 00:21:06.279 Yeah. So how would you compare the cost of doing 394 00:21:06.279 --> 00:21:09.799 it correctly with the cost of hiring these these hacked 395 00:21:09.880 --> 00:21:13.079 companies or stone age companies that you're talking about that 396 00:21:13.240 --> 00:21:18.559 keep spraying and not really making any dent in the problem. 397 00:21:18.759 --> 00:21:21.880 Okay, Well, spraying is dirt cheap. The actual cost of 398 00:21:22.640 --> 00:21:26.559 a tank of insecticide is very very cheap, and dates 399 00:21:26.599 --> 00:21:31.279 are very expensive. So upfront there's a huge difference. 400 00:21:32.319 --> 00:21:33.519 Hey, Scott, how. 401 00:21:33.440 --> 00:21:35.960 Much you're looking at an annual and what's that. 402 00:21:36.279 --> 00:21:37.759 Oh, how long would it take. 403 00:21:38.160 --> 00:21:41.079 Let's say you had access to every apartment in the 404 00:21:41.160 --> 00:21:44.960 multifamily building, how long would it take to have basically 405 00:21:45.720 --> 00:21:48.519 ninety five eradication. 406 00:21:50.440 --> 00:21:54.359 Less than three months? Most of them will be dead 407 00:21:54.400 --> 00:21:57.680 within about two weeks. But of course you're going to 408 00:21:57.799 --> 00:22:01.960 have eggs hatching in a few thing. Sometimes there's deep pockets, 409 00:22:02.480 --> 00:22:06.400 you know, there's there's a lot of variability, you know, insanitation. 410 00:22:07.519 --> 00:22:11.920 But but quite honestly, if you're thorough and debates work 411 00:22:12.039 --> 00:22:14.400 really well. And we combine that too, it's an insect 412 00:22:14.480 --> 00:22:18.480 growth regulator which sterilizes them. So that's kind of a 413 00:22:18.559 --> 00:22:19.319 double whammy. 414 00:22:19.839 --> 00:22:23.720 So let's say you run up against a landlord that's 415 00:22:23.839 --> 00:22:26.839 just you know, cost adverse. They're not gonna they're not 416 00:22:26.839 --> 00:22:29.480 going to pay to do it correctly, and they keep 417 00:22:29.519 --> 00:22:31.839 paying for the really cheap way that doesn't seem to 418 00:22:31.880 --> 00:22:34.880 do anything, because it at least that lets them claim 419 00:22:35.000 --> 00:22:37.039 that they're trying to address the issue and that they're 420 00:22:37.079 --> 00:22:40.920 being very proactive. What would you then say to Lyssa 421 00:22:41.119 --> 00:22:45.079 about the potential health hazards of her moving in with 422 00:22:45.240 --> 00:22:47.920 a young child with that sort of a spraying regiment 423 00:22:48.039 --> 00:22:50.400 going on so so frequently. 424 00:22:52.039 --> 00:22:56.960 Okay, Well that the first issue is really, uh, the 425 00:22:56.960 --> 00:23:00.640 the health aspects of the cockroaches themselves. And it's well 426 00:23:00.680 --> 00:23:06.759 documented that cockroach feces and cast skins, you know, because 427 00:23:06.799 --> 00:23:09.119 they mold, so that you've got all the shed skins 428 00:23:09.119 --> 00:23:12.039 of the bugs, of all those things induced to asthma 429 00:23:12.119 --> 00:23:18.240 and children, and it's it's very documented. So it's it's 430 00:23:18.279 --> 00:23:20.880 something that's that's real serious that there's a lot of them, 431 00:23:20.920 --> 00:23:24.000 because we see that in inner city areas where there 432 00:23:24.039 --> 00:23:27.000 are a lot of cockroach problems. In low income housing, 433 00:23:28.079 --> 00:23:30.880 kids have a lot of uh, well, there's a high 434 00:23:30.920 --> 00:23:34.839 incidence of asthma. So that's that's one issue then. And 435 00:23:34.839 --> 00:23:38.240 then of course too from a chemical standpoint, depending on 436 00:23:38.319 --> 00:23:41.599 what the guys are spraying, it may or may not 437 00:23:41.839 --> 00:23:45.200 be a health concern for the for the tenants as well, 438 00:23:45.440 --> 00:23:48.000 and that one's hard to know because I have no 439 00:23:48.079 --> 00:23:49.960 idea what they're actually spraying. 440 00:23:49.559 --> 00:23:53.839 In there, right, Right, that's good information. 441 00:23:53.920 --> 00:23:59.240 Are you an academic or do you have a company. 442 00:23:58.680 --> 00:24:02.440 Yeah, I actually have a pest control company. I'm swamped though, 443 00:24:02.480 --> 00:24:03.960 so I don't even want to see the name of 444 00:24:04.000 --> 00:24:07.200 my company out here. I don't need the extra business. 445 00:24:06.920 --> 00:24:10.680 Right right, well, but that's that's great information. Let me 446 00:24:10.680 --> 00:24:13.359 ask you one other things in your you know experience, 447 00:24:13.480 --> 00:24:16.839 if you you know, if if from an environmental standpoint, 448 00:24:16.839 --> 00:24:20.519 a kid is induced you know too, or introduced to 449 00:24:20.599 --> 00:24:24.680 these sheds and casts and poop and everything else and 450 00:24:24.680 --> 00:24:29.079 and and you know, gets asthma, that's that's something that 451 00:24:29.119 --> 00:24:31.400 follows with them the rest of their life, isn't it? 452 00:24:33.000 --> 00:24:33.759 That is correct? 453 00:24:33.839 --> 00:24:37.400 Okay, So, I mean it seems to me that there 454 00:24:37.400 --> 00:24:40.480 ought to be the information out there too to help 455 00:24:40.599 --> 00:24:43.799 lessa if this company wants to really fight this battle, 456 00:24:44.319 --> 00:24:46.279 to say that maybe this is just not the right 457 00:24:46.319 --> 00:24:48.759 apartment and not the least that they want to actually, 458 00:24:49.279 --> 00:24:51.559 you know, try to enforce and stuff. Scott, have you 459 00:24:51.599 --> 00:24:54.759 ever act as an expert and in these kind of matters. 460 00:24:56.559 --> 00:24:58.359 I have been a. 461 00:24:58.279 --> 00:25:00.720 Long time, but but I mean, it's it's definitely a 462 00:25:00.759 --> 00:25:05.359 habitability issue, and we do have habitability laws, especially in 463 00:25:05.400 --> 00:25:07.799 the city of Denver. I'm not sure what city she's in. 464 00:25:08.079 --> 00:25:11.200 Yeah, well cool, Well listen, Scott, thank you so much 465 00:25:11.200 --> 00:25:13.880 for calling in. That's been great information. We appreciate it. 466 00:25:14.200 --> 00:25:17.119 Thanks for listening, and uh we'll look forward to, uh 467 00:25:17.559 --> 00:25:20.599 hopefully getting the Lissa out of this apartment and moving on. 468 00:25:20.720 --> 00:25:25.319 So thanks again. So we are nearing another break here. 469 00:25:25.680 --> 00:25:27.519 We do have a couple of lines open. The number 470 00:25:27.559 --> 00:25:29.759 is seven one three eight two five five. That's three 471 00:25:29.799 --> 00:25:33.319 oh three seven one three eight two five five. We 472 00:25:33.440 --> 00:25:37.640 are going to, I promise visit with Dan about his 473 00:25:38.880 --> 00:25:42.160 company and kind of explore some of the differences between 474 00:25:42.160 --> 00:25:47.160 the buyer's perspective insurance and the user's perspective after an 475 00:25:47.160 --> 00:25:51.480 event has happened that brings that insurance into play. Before 476 00:25:51.480 --> 00:25:53.000 we go to the break, I'm just going to visit 477 00:25:53.039 --> 00:25:55.279 real quickly and see if we need an expert. Marie, 478 00:25:55.960 --> 00:25:58.200 you have an issue with the sharpest rights. What's going 479 00:25:58.240 --> 00:25:59.680 on with your enclave, Marie. 480 00:26:00.839 --> 00:26:04.960 Yes, So I bought a vehicle back in March through 481 00:26:04.960 --> 00:26:08.000 the Sharpest Rides. I've been getting the run around in 482 00:26:08.000 --> 00:26:11.960 the past three weeks to get my car walk on. 483 00:26:12.480 --> 00:26:15.319 It'spet because I have a transmissing issue. 484 00:26:15.880 --> 00:26:17.960 Is there a warranty on it or just you just 485 00:26:18.000 --> 00:26:19.599 feel like they should be fixing it? 486 00:26:20.279 --> 00:26:23.839 Doesn't warranty on it. The onety is underneath the six 487 00:26:23.960 --> 00:26:26.839 months once he was sixty thousand miles. 488 00:26:27.160 --> 00:26:30.200 You bought this warranty from the sharper rides when you bought. 489 00:26:29.960 --> 00:26:32.319 The vehicle, Yes, it came with it. 490 00:26:32.680 --> 00:26:36.519 When did you buy this vehicle back in March March 491 00:26:36.559 --> 00:26:41.079 of this year yes, okay, And what is the problem 492 00:26:41.079 --> 00:26:43.720 with the sharpest rides? Are they refusing to honor it 493 00:26:43.880 --> 00:26:45.559 or refusing to work on it or what? 494 00:26:46.839 --> 00:26:48.960 So every d they've been getting me the run around 495 00:26:50.759 --> 00:26:52.960 trying to work on it, and I'm thinking a mom 496 00:26:53.039 --> 00:26:54.759 of three kids and have a baby on the way, 497 00:26:55.440 --> 00:26:57.519 and they are telling me that they have to go 498 00:26:57.599 --> 00:27:01.160 to the warrant manager instead. All up there every week, 499 00:27:01.319 --> 00:27:03.559 every day, going up there and stuff like that. The 500 00:27:03.599 --> 00:27:07.319 ward team manager is nowhere to be found. He is 501 00:27:07.400 --> 00:27:10.440 not you can hit ward with me onto getting back 502 00:27:10.480 --> 00:27:15.440 to me or anything. So it's just been very frustrating. 503 00:27:15.960 --> 00:27:19.160 Okay, Well Marie, hang on a second. We'll be right 504 00:27:19.200 --> 00:27:20.759 back from this break. We're going to try to help 505 00:27:20.799 --> 00:27:25.640 you out. Okay, hang Tyger, So. 506 00:27:29.960 --> 00:27:33.200 Go with a sure thing Denver's best roofer Excel roofing 507 00:27:33.319 --> 00:27:35.960 dot com. You don't pay a cent until you're content. 508 00:27:39.319 --> 00:27:42.519 Time for an insurance check up free, no obligation. In comparison, 509 00:27:42.640 --> 00:27:46.200 call Compass insurance paying too much your coverage at dozens 510 00:27:46.200 --> 00:27:48.960 of insurance companies find out Now three all three seven 511 00:27:49.039 --> 00:27:49.480 seven to one. 512 00:27:49.640 --> 00:27:49.920 Help. 513 00:27:50.079 --> 00:27:52.720 You'll think you're his only customer when you choose Frank 514 00:27:52.759 --> 00:27:55.200 durand the real estate Man dot com to list your 515 00:27:55.240 --> 00:27:58.359 home with Remax Alliance three all three nine two zero 516 00:27:58.519 --> 00:28:04.559 sixteen twenty two. 517 00:28:06.400 --> 00:28:09.079 Okay, John Fuller here on the Troubleshooter Network, getting back 518 00:28:09.119 --> 00:28:12.519 to the issues that we're going through today. So we're 519 00:28:12.519 --> 00:28:14.440 going to help Marie out here. In just a second, 520 00:28:14.519 --> 00:28:19.920 I've got yet another cockroach caller calling in to comment. 521 00:28:19.960 --> 00:28:22.799 We're going to take that first, because we always appreciate 522 00:28:22.880 --> 00:28:26.319 our callers with comments. So, Bill, what is going on 523 00:28:26.359 --> 00:28:28.039 with these cockroaches? How can we Hey? 524 00:28:28.200 --> 00:28:31.759 This was around nineteen eighty. Okay, Well, we moved from 525 00:28:31.799 --> 00:28:35.880 downtown Denwood to Thornton and the cockroaches moved with us. 526 00:28:36.200 --> 00:28:37.039 Oh oh, I mean. 527 00:28:36.960 --> 00:28:41.119 They were sick. I tried everything. I'd set bombs off 528 00:28:41.200 --> 00:28:43.839 and on the weekend and we would go down to 529 00:28:43.880 --> 00:28:47.240 my in laws and spend the weekend and nothing worked. 530 00:28:48.039 --> 00:28:48.640 What did you do? 531 00:28:48.720 --> 00:28:51.160 Finally, remember Paul Harvey, Yep. 532 00:28:51.759 --> 00:28:55.920 He was advertising this stuff was called roach proof, and 533 00:28:56.000 --> 00:28:58.240 I think it was some kind of boric acid stuff, 534 00:28:59.160 --> 00:29:02.359 and I'm and I put it around the house and 535 00:29:02.440 --> 00:29:06.559 it worked because then we bought a new house and 536 00:29:06.599 --> 00:29:08.559 we didn't move with us. 537 00:29:08.960 --> 00:29:13.240 Now, did you disclose the cockroach problem to the new buyers. 538 00:29:13.720 --> 00:29:15.480 Were renting a cockroaches? 539 00:29:16.640 --> 00:29:20.279 I'm just kidding there. Uh, you know, I think that's yeah. 540 00:29:20.680 --> 00:29:22.319 I think that bor axes. 541 00:29:22.640 --> 00:29:26.720 Threw away a refrigerator because they would just swarm and inside, 542 00:29:26.920 --> 00:29:28.720 you know, in the in the back of it and 543 00:29:28.759 --> 00:29:29.039 all the. 544 00:29:29.160 --> 00:29:29.519 I mean. 545 00:29:31.039 --> 00:29:31.720 It was thick. 546 00:29:32.160 --> 00:29:35.279 Yeah, that's disgusting. Well, thanks for that information. I think 547 00:29:35.319 --> 00:29:38.240 the boor axes, it's really along the same veins of 548 00:29:38.319 --> 00:29:42.079 what the expert that called in with bait stations and 549 00:29:42.160 --> 00:29:44.920 stuff that actually gets into the pores of the the 550 00:29:45.079 --> 00:29:47.200 legs and stuff of the cockroaches, and that's how the 551 00:29:47.279 --> 00:29:51.000 poison enters the system, rather than than you know, a 552 00:29:51.160 --> 00:29:53.519 spray or something that just gets on the surface. So 553 00:29:54.039 --> 00:29:56.720 I appreciate it. Now we know the rest of the story. 554 00:29:56.960 --> 00:30:00.200 Paul Harvey, you know, uh, thanks for calling in, Bill, 555 00:30:00.200 --> 00:30:03.599 I appreciate it. So Marie, back to you, my friend. 556 00:30:04.839 --> 00:30:08.000 So listen, you know that the Sharpest Rides is a 557 00:30:09.920 --> 00:30:14.079 you know, they get a lot of complaints and there's 558 00:30:14.119 --> 00:30:17.160 a lot of articles out there about people that have 559 00:30:17.440 --> 00:30:21.079 issues and problems and that make complaints and sometimes file 560 00:30:21.240 --> 00:30:24.359 lawsuits and stuff. We would like to give them an 561 00:30:24.400 --> 00:30:28.759 opportunity to help do the right thing with you and 562 00:30:29.359 --> 00:30:32.160 see if we can get you, you know, get them 563 00:30:32.279 --> 00:30:34.680 to take a look at your car and see if 564 00:30:34.720 --> 00:30:36.519 we can't get you some help. And so I'm going 565 00:30:36.640 --> 00:30:42.039 to ask our deputy Dmitri to to speak with you, 566 00:30:42.240 --> 00:30:44.799 get a little bit more information and to actually reach 567 00:30:44.880 --> 00:30:47.720 out to the sharpest rides and give them that opportunity 568 00:30:48.200 --> 00:30:50.359 to do the right thing. You're a single mom, you 569 00:30:50.480 --> 00:30:52.920 really need a working car. I can't think of a 570 00:30:53.039 --> 00:30:56.480 more you know, deserving person to have them step up 571 00:30:56.559 --> 00:31:00.279 and help you. You bought the warranty and it's time 572 00:31:00.359 --> 00:31:02.200 for them to do the right thing by you. And 573 00:31:02.519 --> 00:31:06.599 I'm sure that Dimitri can impress upon them how important 574 00:31:06.640 --> 00:31:08.839 it is that they step up and do the right thing. 575 00:31:09.039 --> 00:31:12.640 So Dimitri, yeah, hey, I'll be really happy to I'll 576 00:31:12.640 --> 00:31:15.720 speak with a caller offline kind of get some summary 577 00:31:15.799 --> 00:31:18.880 of what the problem is. And you know, I've always 578 00:31:18.960 --> 00:31:22.799 had really great luck dealing with viewerships, regardless of their 579 00:31:22.920 --> 00:31:26.640 previous reputation. I ignore that during my nation phone call, 580 00:31:27.160 --> 00:31:28.640 and because most of the time it's kind of a 581 00:31:28.680 --> 00:31:32.000 miscommunication problem or somebody didn't get the message or something 582 00:31:32.119 --> 00:31:34.480 like that. But I'd say more than half the time 583 00:31:34.559 --> 00:31:36.079 they step up and do the right thing. 584 00:31:36.559 --> 00:31:38.559 That's what we want to see. That's the important thing. 585 00:31:38.839 --> 00:31:41.160 Except Omera and they never called me back, they never 586 00:31:41.240 --> 00:31:42.480 respond to my emails. 587 00:31:42.799 --> 00:31:45.559 And if they do, we will dutifully report that they 588 00:31:45.640 --> 00:31:48.279 have done the right thing. That's ree and so we'll 589 00:31:48.279 --> 00:31:50.640 give them that opportunity. So Marie, hang on, We're going 590 00:31:50.680 --> 00:31:53.720 to get your contact information. Dmitri will be in touch 591 00:31:53.799 --> 00:31:55.640 with you soon and we'll see if we can help 592 00:31:55.680 --> 00:31:58.680 you out. Okay, thanks for calling in you you bet 593 00:31:58.720 --> 00:32:03.359 appreciate it. So, mister Dan, we were talking a little 594 00:32:03.400 --> 00:32:06.000 bit off air, and this is exactly the kind of 595 00:32:06.039 --> 00:32:07.880 stuff that I want us to get into. And it's 596 00:32:08.000 --> 00:32:11.960 just the nuts and bolts of you know, Listen, we 597 00:32:12.119 --> 00:32:16.119 live in a state where we have abysmally low limits 598 00:32:16.200 --> 00:32:19.880 that are required by law. You can, you know, have 599 00:32:20.039 --> 00:32:24.359 a completely complying policy of insurance, but it only has 600 00:32:24.519 --> 00:32:28.480 twenty five thousand dollars of liability coverage. So for the 601 00:32:28.559 --> 00:32:32.000 benefit of our listeners that don't know, liability coverage is 602 00:32:32.119 --> 00:32:36.200 what pays for the other guy's injuries if you get 603 00:32:36.319 --> 00:32:40.519 into an accident. So it's the coverage that you carry 604 00:32:41.279 --> 00:32:44.240 so that the other guy doesn't come directly after you. 605 00:32:44.480 --> 00:32:49.799 So it's literally a policy of protection. Doesn't do anything 606 00:32:49.920 --> 00:32:52.599 for you in the way of your medicals and that 607 00:32:52.759 --> 00:32:55.759 kind of stuff, but it literally protects you from the 608 00:32:55.839 --> 00:32:58.559 damage that you did to the other party if you're 609 00:32:58.640 --> 00:32:59.720 at fault for an accident. 610 00:33:00.079 --> 00:33:00.319 And so. 611 00:33:01.799 --> 00:33:04.680 Dan, maybe the good best starting place is just, you know, 612 00:33:04.880 --> 00:33:07.880 tell me about the discussions that you have with people 613 00:33:08.000 --> 00:33:12.160 about the appropriate level of insurance, because from my perspective 614 00:33:12.200 --> 00:33:15.559 as a plaintiff's attorney, there's almost no circumstance where twenty 615 00:33:15.640 --> 00:33:16.359 five is enough. 616 00:33:17.000 --> 00:33:24.000 Exactly, any clients that come into any clients that come 617 00:33:24.759 --> 00:33:27.279 to our agency that we write, we have a minimum 618 00:33:27.400 --> 00:33:29.559 in house. We won't write a policy under one hundred 619 00:33:29.559 --> 00:33:33.559 three hundred one. That's nothing to do with us or 620 00:33:33.599 --> 00:33:36.480 our income. It says that we feel like that is 621 00:33:36.519 --> 00:33:40.559 the minimum base level of getting a decent level of 622 00:33:40.599 --> 00:33:43.839 coverage to take care of any sort of well, not 623 00:33:43.960 --> 00:33:48.119 any but take care of a vast amount of losses 624 00:33:48.160 --> 00:33:51.759 that you may have. We were talking a little bit earlier, 625 00:33:51.799 --> 00:33:54.759 is that people are kind of confused with insurance. Is 626 00:33:54.799 --> 00:33:57.440 that Hey, I found a policy, I bought it. It 627 00:33:57.559 --> 00:34:01.119 was cheap, it saved me money. When we're talking about that, 628 00:34:02.960 --> 00:34:06.880 you know people, I use the parallel of cake. It's 629 00:34:06.920 --> 00:34:07.640 like saying to your. 630 00:34:07.519 --> 00:34:11.000 Friends, Hey I have cake. Okay, what does that mean? 631 00:34:11.079 --> 00:34:11.280 John? 632 00:34:11.719 --> 00:34:14.960 Go with a sure thing Denver's Best roofer Excel Roofing 633 00:34:15.079 --> 00:34:17.719 dot com. You don't pay a cent until you're content. 634 00:34:21.079 --> 00:34:24.239 Time for an insurance checkup free, no obligation. In comparison, 635 00:34:24.400 --> 00:34:27.960 call Compass Insurance paying too much your coverage at dozens 636 00:34:27.960 --> 00:34:30.719 of insurance companies find out now three oh three seven 637 00:34:30.800 --> 00:34:33.599 seven to one help. You'll think you're his only customer 638 00:34:33.639 --> 00:34:35.840 when you choose Frank durand the real estate Man dot 639 00:34:35.960 --> 00:34:39.239 com to list your home with Remax Alliance three oh 640 00:34:39.320 --> 00:34:41.360 three nine two zero sixteen twenty two. 641 00:34:46.719 --> 00:34:46.920 Rip. 642 00:34:51.480 --> 00:34:52.039 You don't have. 643 00:34:54.719 --> 00:34:56.639 Run incious as fast as we can. 644 00:34:58.000 --> 00:35:04.400 Shoot's gonna help, come man Dix. He is the Troubleshooter Show. Now, 645 00:35:04.880 --> 00:35:09.679 Tom Martine, Welcome to the Troubleshooter Show. This is John 646 00:35:09.800 --> 00:35:12.920 Fuller filling in for Tom Martino. Many of you know me. 647 00:35:12.960 --> 00:35:16.119 I'm a personally injury attorney in Denver and have been 648 00:35:16.239 --> 00:35:18.480 for the last twenty three years. We are here today 649 00:35:18.599 --> 00:35:23.159 talking about all things insurance as well as taking care 650 00:35:23.280 --> 00:35:27.599 of your problems. We are here to solve problems, take complaints, 651 00:35:28.000 --> 00:35:31.639 answer questions, if you've been scammed, if you've been ripped off, 652 00:35:31.760 --> 00:35:33.679 if you have a problem that we can help you with, 653 00:35:33.840 --> 00:35:36.320 no matter the subject, give us a call. The number 654 00:35:36.400 --> 00:35:38.960 is seven one three eight two five five. You can 655 00:35:39.000 --> 00:35:42.360 also contact us at help at troubleshooter dot com. So 656 00:35:42.480 --> 00:35:44.480 that's seven one three eight two fivey five. Give us 657 00:35:44.519 --> 00:35:46.719 a call. We have some open lines right now. With 658 00:35:46.960 --> 00:35:50.639 us in the studio today is Dan Mahoney. Dan is 659 00:35:50.880 --> 00:35:54.880 with the the Insurance Group of Denver. He is an 660 00:35:55.000 --> 00:35:59.159 independent agent, meaning he's not beholden to any particular insurance 661 00:35:59.280 --> 00:36:03.800 company and is therefore able to give you unbiased advice 662 00:36:04.119 --> 00:36:08.000 about the insurance products that you're considering. And before the break, 663 00:36:08.119 --> 00:36:12.880 we were talking about you know, limits on certain policies 664 00:36:12.960 --> 00:36:16.440 and how you know twenty five is just an abysmally 665 00:36:16.599 --> 00:36:20.760 low requirement by the state of Colorado. And I'll turn 666 00:36:20.800 --> 00:36:23.320 it back over to Dan. At this point he was 667 00:36:23.360 --> 00:36:26.679 talking about in his firm, they actually won't sell a 668 00:36:26.760 --> 00:36:30.679 policy that's minimal limits. You guys have requirements at least 669 00:36:30.760 --> 00:36:34.440 internally that you at least have one hundred three hundred, 670 00:36:34.679 --> 00:36:37.599 and I think that's great. I don't think a hundred 671 00:36:37.719 --> 00:36:40.559 is well. I would say this for the vast majority 672 00:36:40.599 --> 00:36:43.480 of claims, one hundred is enough. You know, our average 673 00:36:43.559 --> 00:36:46.639 claim is probably less than one hundred. It's definitely less 674 00:36:46.679 --> 00:36:51.480 than one hundred. But when it's more than one hundred, 675 00:36:51.639 --> 00:36:53.719 it tends to be a lot more than one hundred. 676 00:36:54.039 --> 00:36:57.679 And that's where you may regret having only one hundred thousand. 677 00:36:57.800 --> 00:37:00.920 So I want to segue into talking about out you know, 678 00:37:01.239 --> 00:37:04.039 umbrellas and stuff like that, and then I'm gonna kind 679 00:37:04.079 --> 00:37:07.519 of inject some real world stuff into the conversation from 680 00:37:07.599 --> 00:37:10.400 my perspective as a plaintiff's attorney. So I'll let you 681 00:37:10.480 --> 00:37:14.000 pick it back up where we left off. Yeah, absolutely, 682 00:37:14.039 --> 00:37:17.920 thank jah. When you look at your policy, you're gonna 683 00:37:17.960 --> 00:37:20.760 see some numbers. You're gonna see typically one hundred slash 684 00:37:20.840 --> 00:37:22.199 three hundred slash one hundred. 685 00:37:22.599 --> 00:37:24.880 Explain what that means, just yeah, and then you'll see 686 00:37:25.119 --> 00:37:26.559 repeat again, one hundred, three hundred. 687 00:37:26.920 --> 00:37:30.559 So the first one hundred means outbound care to the 688 00:37:30.639 --> 00:37:31.079 other person. 689 00:37:31.159 --> 00:37:34.079 That you may endure in an accident. The three hundred thousand, 690 00:37:34.119 --> 00:37:37.519 that second number, that's an aggregate amount. So if you 691 00:37:37.679 --> 00:37:41.559 hurt someone else outbound, three people at one hundred thousand each, 692 00:37:42.719 --> 00:37:45.760 six people at fifty thousand each. However, you break that down, 693 00:37:46.280 --> 00:37:48.920 that is basically the pool money you're working with. That 694 00:37:49.079 --> 00:37:52.559 last number, that last one hundred. In this scenario, this 695 00:37:52.719 --> 00:37:54.679 is going to be property damage. So it's gonna be 696 00:37:54.719 --> 00:38:01.119 covering other vehicles, school buses, motorcycles, trees, this cows. 697 00:38:01.559 --> 00:38:05.840 Yeah, or even a highway sign. So let me interrupt 698 00:38:05.880 --> 00:38:09.599 you there. You talked about the total amount necessary for 699 00:38:09.679 --> 00:38:13.559 an accident. So it's one hundred per person, but three 700 00:38:13.679 --> 00:38:16.159 hundred per accident. So what happens if you have four 701 00:38:16.199 --> 00:38:18.599 people in the car. So if you have four people 702 00:38:18.639 --> 00:38:19.679 in the car, that second. 703 00:38:19.519 --> 00:38:22.280 Number, that three hundred thousand, that aggregate is going to 704 00:38:22.320 --> 00:38:24.800 be what that that share that's going to be divided 705 00:38:24.840 --> 00:38:27.280 between those four people in that instant. 706 00:38:27.000 --> 00:38:28.199 And how do they divide that? 707 00:38:30.360 --> 00:38:36.199 Actually that that's gonna be based. It's gonna be claims based. Basically, 708 00:38:36.280 --> 00:38:40.360 what they're actually lost is now, if there's a lot 709 00:38:40.400 --> 00:38:43.000 of damage, like you said, you know, the majority of 710 00:38:43.119 --> 00:38:45.920 cases seem to stay around or one hundred thousand, but 711 00:38:46.639 --> 00:38:50.639 as you said, they can escalate pretty quickly. With our clients, again, 712 00:38:50.639 --> 00:38:53.280 one hundred three hundreds kind of our baseline. We prefer 713 00:38:53.400 --> 00:38:56.440 doing a to fifty five hundred, one hundred, even what 714 00:38:56.599 --> 00:38:59.119 you call a five hundred thousand combined single limit, which 715 00:38:59.159 --> 00:39:02.280 means each level has five hundred thousand dollars. On top 716 00:39:02.360 --> 00:39:07.000 of that, we're big advocates of umbrellas umbrellas. Umbrellas are 717 00:39:07.039 --> 00:39:10.599 relatively inexpensive. An umbrella is just as it says, it 718 00:39:10.760 --> 00:39:12.639 just sits over your home and your auto, and it 719 00:39:13.000 --> 00:39:16.519 just amplifies that underlying covers. So that's that what if 720 00:39:16.599 --> 00:39:20.000 that's that worst case scenario, and I've seen it happen. 721 00:39:20.480 --> 00:39:24.360 So all that is great and wonderful from a liability perspective, 722 00:39:24.480 --> 00:39:27.599 But all that insurance coverage in the world does nothing. 723 00:39:27.719 --> 00:39:31.079 If it's you that gets injured and the other car 724 00:39:31.280 --> 00:39:34.519 has those same minimal limits that we're talking about, where 725 00:39:34.559 --> 00:39:36.719 does that come into play? So now we're going back 726 00:39:36.760 --> 00:39:38.840 to the uninsured or uninsured. 727 00:39:38.880 --> 00:39:42.480 Motorist statistics are kind of all over the place, but 728 00:39:42.519 --> 00:39:45.760 I've seen upwards of seventeen percent. 729 00:39:45.559 --> 00:39:48.079 Of the drivers and Kyrod just don't even have insurance. 730 00:39:49.760 --> 00:39:53.280 Factoring for bad insurance, we're looking at about thirty percent 731 00:39:53.840 --> 00:39:57.119 at all. So when you're driving today, if you look 732 00:39:57.159 --> 00:39:59.800 at the three cars around you, one of them doesn't 733 00:39:59.800 --> 00:40:01.320 have insurance, doesn't have enough. 734 00:40:01.639 --> 00:40:04.920 That's coblutely true. What could happen? I did some research 735 00:40:05.000 --> 00:40:09.719 one time. The actual numbers in Colorado are two thirds 736 00:40:09.920 --> 00:40:13.360 of the drivers either have minimal limits or no insurance 737 00:40:13.400 --> 00:40:17.400 at all. In Colorado two thirds sixty almost sixty six 738 00:40:17.480 --> 00:40:21.199 percent either have minimal limits which is complying that's legal, 739 00:40:22.519 --> 00:40:25.000 or no insurance at all. So I mean it's not 740 00:40:25.239 --> 00:40:28.960 just the one car, it's both of the cars on 741 00:40:29.119 --> 00:40:32.079 either side of you either have no or minimal limits. 742 00:40:32.119 --> 00:40:34.960 So when when I talk to my clients about buying 743 00:40:35.440 --> 00:40:40.599 buying insurance, I you know, from my perspective, whatever you 744 00:40:40.719 --> 00:40:42.880 buy for the other guy is great, But really the 745 00:40:43.000 --> 00:40:45.440 focus ought to be what you're buying for your family, 746 00:40:45.599 --> 00:40:48.920 right right, because that's the that's the most important cargo 747 00:40:49.039 --> 00:40:51.320 that you carry, is those people that are that are 748 00:40:51.360 --> 00:40:53.880 in your car that you can control, and we are. 749 00:40:53.920 --> 00:40:56.599 When we're quoting people often we see that flip flopped. 750 00:40:57.119 --> 00:40:59.280 We see that you are buying the least amount of 751 00:40:59.280 --> 00:41:02.000 coverage for yourself and the most for the other guy. Yeah, 752 00:41:02.639 --> 00:41:06.000 Or when we're in a situation where someone's out shopping quotes, 753 00:41:06.440 --> 00:41:08.119 they'll come back. They'll be like, hey, I've found this 754 00:41:08.199 --> 00:41:11.199 great deal. We have a good relationship with our clients, 755 00:41:11.239 --> 00:41:13.840 will be like, here, send us a copy what you find. 756 00:41:14.320 --> 00:41:17.559 And oftentimes that's what we find is that they sacrifice 757 00:41:17.679 --> 00:41:20.519 you to lower that premium, make more attractive to you, 758 00:41:20.719 --> 00:41:24.719 come in and buy. But that uninsured, uninsured motorist. Again, 759 00:41:24.880 --> 00:41:28.519 it's it's matching your your policy levels. I'm a big 760 00:41:28.599 --> 00:41:32.159 fan of two fifty five hundred or more. In that situation, 761 00:41:32.440 --> 00:41:34.519 you do get hit by one of those people, and 762 00:41:35.000 --> 00:41:41.960 now your your costs, your cost of uh living, your endeavors. 763 00:41:42.599 --> 00:41:44.159 You have a pool of money that you can go 764 00:41:44.280 --> 00:41:47.400 back to. And I am seeing this used more and 765 00:41:47.519 --> 00:41:51.079 more and more every year. It used to be pretty 766 00:41:51.519 --> 00:41:54.599 uh I would never see anybody even touch it. But 767 00:41:54.960 --> 00:41:57.880 it's become a reality now that the other guy's not 768 00:41:58.159 --> 00:42:01.079 doing their job because you know, if they're just buying insurance, 769 00:42:01.159 --> 00:42:02.119 they don't know what that means. 770 00:42:02.280 --> 00:42:05.039 Hey, yeah, I have a question. So the people who 771 00:42:05.079 --> 00:42:09.159 have the minimal insurance. Are they people who can declare bankruptcy? 772 00:42:09.840 --> 00:42:13.599 And the main question is someone has you know, minimal 773 00:42:13.679 --> 00:42:18.360 coverage and they get a judgment. Is that judgment dischargeable 774 00:42:19.239 --> 00:42:20.559 if they declare bankruptcy? 775 00:42:21.039 --> 00:42:23.079 So, and I'm going to bring John on this because 776 00:42:23.559 --> 00:42:27.280 I've always been trained that in a situation where you 777 00:42:27.440 --> 00:42:31.519 declare bankruptcy, a bankruptcy is essentially a contract breaking your 778 00:42:31.559 --> 00:42:35.840 financial contracts, which you could actually forgive the insurance company 779 00:42:35.920 --> 00:42:39.599 from protecting or defending you in that claim, which means 780 00:42:39.639 --> 00:42:40.679 now you're back on your own. 781 00:42:40.840 --> 00:42:44.440 Well, I mean, the short answer, Doc is yes, I mean, 782 00:42:45.880 --> 00:42:49.880 but the longer answer is what does it matter? I mean, 783 00:42:49.920 --> 00:42:53.480 if you get a judgment of two million dollars against 784 00:42:53.519 --> 00:42:58.480 somebody that has no assets, it's worthless. They don't even 785 00:42:58.599 --> 00:43:00.719 need to go to the court to declare bankruptcy. You're 786 00:43:00.800 --> 00:43:03.400 never going to collect your two million dollars. So that 787 00:43:03.519 --> 00:43:07.519 bankruptcy you know, discharge is about as valuable as that 788 00:43:07.760 --> 00:43:09.719 you know to them, Is that judgment is to you? 789 00:43:09.960 --> 00:43:12.079 Well, my point is that the people who have this 790 00:43:13.079 --> 00:43:13.679 they don't care. 791 00:43:13.880 --> 00:43:14.320 They don't care. 792 00:43:14.440 --> 00:43:16.719 They have the minimum insurance because I have to. But 793 00:43:16.840 --> 00:43:19.320 then they say, well, look, you know you can't. There's 794 00:43:19.519 --> 00:43:22.000 there's nothing to collect. Why should I pay for more 795 00:43:22.079 --> 00:43:24.039 insurance when really I don't need it? 796 00:43:24.159 --> 00:43:27.039 So so that's my typical argument, is that the reason 797 00:43:27.119 --> 00:43:31.079 you buy more insurance is so that you're allowed to 798 00:43:31.239 --> 00:43:36.000 buy greater limits for your family. Correct. You know, people 799 00:43:36.079 --> 00:43:37.960 call me all the time, and I welcome their calls, 800 00:43:38.000 --> 00:43:40.800 and I truly do. And and the call goes like this, 801 00:43:41.039 --> 00:43:42.480 how much insurance do I need? 802 00:43:42.920 --> 00:43:43.039 Right? 803 00:43:43.639 --> 00:43:46.480 And and for some reason they think I'm better qualified 804 00:43:46.519 --> 00:43:50.800 because I exhaust policies frequently, that that I'm a better 805 00:43:51.039 --> 00:43:53.320 you know, a better judge of that and stuff. So 806 00:43:53.599 --> 00:43:55.599 when we come back from the break, I want to 807 00:43:55.679 --> 00:43:59.440 talk about you know, I want to talk about like 808 00:44:00.079 --> 00:44:03.199 what happens when you don't have enough coverage. And I'm 809 00:44:03.239 --> 00:44:05.719 sure that you've had clients in that position. I've had 810 00:44:05.800 --> 00:44:08.960 people call me, I've had plaintiffs that have damages far 811 00:44:09.039 --> 00:44:11.199 greater than coverage. We're going to talk about that when 812 00:44:11.239 --> 00:44:11.920 we come right back. 813 00:44:16.800 --> 00:44:20.039 Go with a sure thing Denver's Best Roofer Excel roofing 814 00:44:20.159 --> 00:44:22.800 dot com. You don't pay a cent until you're content 815 00:44:23.760 --> 00:44:28.639 than time for an insurance check up, free no obligation 816 00:44:28.760 --> 00:44:32.639 comparison call Compass insurance, paying too much your coverage at 817 00:44:32.679 --> 00:44:34.039 dozens of insurance companies. 818 00:44:34.159 --> 00:44:36.159 Find out now three O three seven to seven to 819 00:44:36.199 --> 00:44:36.719 one help. 820 00:44:36.920 --> 00:44:39.559 You'll think you're his only customer when you choose Frank 821 00:44:39.639 --> 00:44:42.039 durand the real estate man dot com to list your 822 00:44:42.119 --> 00:44:45.760 home with Remax Alliance three three nine two zero sixteen 823 00:44:45.800 --> 00:44:46.320 twenty two. 824 00:44:54.079 --> 00:44:56.320 All right, all right, all right, good afternoon, John Fuller here, 825 00:44:56.440 --> 00:44:59.719 we are moving rapidly forward in the day. We're talking 826 00:44:59.719 --> 00:45:02.880 about insurance stuff. If we can be of help to you, 827 00:45:03.239 --> 00:45:05.039 give us a call it three O three seven one 828 00:45:05.079 --> 00:45:07.880 three eight two five five. We are here to solve 829 00:45:07.920 --> 00:45:10.559 your problems and help out with any issue that you have. 830 00:45:11.719 --> 00:45:15.079 In the studio today we have Dan Mahoney. Dan is 831 00:45:15.199 --> 00:45:19.239 a principal, meaning the owner of the insurance Group of Denver, 832 00:45:20.039 --> 00:45:23.679 and they're an independent agent, meaning they sell a number 833 00:45:23.719 --> 00:45:26.000 of different lines of insurance, but they're not beholding to 834 00:45:26.119 --> 00:45:28.719 any one, which is kind of cool because you're going 835 00:45:28.800 --> 00:45:30.440 to get the straight skinny and you're not going to 836 00:45:30.480 --> 00:45:33.360 get the party line of some you know, fill in 837 00:45:33.400 --> 00:45:36.320 the blank insurance company. And I was looking at your 838 00:45:36.400 --> 00:45:39.840 list of carriers that you write for, and most of 839 00:45:39.880 --> 00:45:42.199 them I recognize, but there are some that are absent, 840 00:45:42.920 --> 00:45:45.360 and most of them are kind of the big guys 841 00:45:45.400 --> 00:45:49.159 that you hear, you know, advertising around you. You're the 842 00:45:49.239 --> 00:45:51.719 ones we always have problems with, like all State and 843 00:45:51.800 --> 00:45:55.760 State farm and farmers and that kind of stuff. I 844 00:45:56.400 --> 00:45:59.320 would venture a guess that you're able to put together 845 00:46:00.360 --> 00:46:05.599 more diverse policies that are more custom tailored for your 846 00:46:05.679 --> 00:46:10.920 client by being an independent agent rather than just having 847 00:46:11.000 --> 00:46:13.079 a set line of products that you can sell for 848 00:46:13.280 --> 00:46:17.719 one carrier. Is that talk to us about the differences 849 00:46:17.800 --> 00:46:19.960 that you have in the stuff that you can do 850 00:46:20.079 --> 00:46:23.920 for clients. Sure, you know, it all starts at the 851 00:46:23.960 --> 00:46:25.320 beginning when we talk to a client. 852 00:46:25.760 --> 00:46:27.440 I really want to know a lot more about the 853 00:46:27.480 --> 00:46:30.440 client than just their name and what they want to buy. 854 00:46:31.559 --> 00:46:33.880 Assets drive a lot of that, you know, if you 855 00:46:33.920 --> 00:46:36.760 have a lot of rental properties, things like that. Different 856 00:46:36.840 --> 00:46:40.239 carriers specialize in different areas, and we kind of were 857 00:46:40.519 --> 00:46:43.800 talking off air about uninsured motorists and umbrellas. A lot 858 00:46:43.840 --> 00:46:45.800 of companies are kind of shying away from that because 859 00:46:45.800 --> 00:46:48.840 it's a big loss point. But we can still do those, 860 00:46:48.920 --> 00:46:52.360 We can still put those together, so we really truly 861 00:46:52.519 --> 00:46:55.280 can customize for you A package. 862 00:46:55.320 --> 00:46:55.920 That makes sense. 863 00:46:56.159 --> 00:46:59.440 I'm a big advocate if we have one thing for you, 864 00:47:00.079 --> 00:47:02.360 we keep everything in one carrier, especially if we're going 865 00:47:02.400 --> 00:47:05.480 to deal with an umbrella. We don't want any company 866 00:47:05.639 --> 00:47:08.000 pointing to someone else saying, oh, this is your issue, 867 00:47:08.119 --> 00:47:11.599 this is the overlap, this is double indemnity, this is stacking. 868 00:47:11.960 --> 00:47:13.239 We don't want to deal with any of that. We 869 00:47:13.360 --> 00:47:15.840 want it all nice and clean. At the end of 870 00:47:15.880 --> 00:47:18.440 the day, your cost is probably going to come out 871 00:47:18.519 --> 00:47:20.920 about the same as where you're at, and you know, 872 00:47:21.320 --> 00:47:24.320 and even just raising your underlying limits from you know, 873 00:47:24.400 --> 00:47:28.360 state minimums to a relatively decent amount is pretty inexpensive. 874 00:47:28.960 --> 00:47:31.159 To take that next step up to go to two fifty. 875 00:47:30.960 --> 00:47:33.320 Five hundred, five hundred combined single limit, you're talking a 876 00:47:33.320 --> 00:47:36.000 couple hundred bucks a year you add an umbrella. Depending 877 00:47:36.039 --> 00:47:37.760 on the carrier what you have, it's going to range 878 00:47:37.800 --> 00:47:40.119 between you know, two hundred and twelve hundred dollars a year. 879 00:47:40.559 --> 00:47:44.360 But again, if you have those assets and you have 880 00:47:44.480 --> 00:47:46.639 things at risk, you really need to have those things. 881 00:47:47.880 --> 00:47:51.079 On a side note, it's interesting the gentleman who called 882 00:47:51.119 --> 00:47:56.000 in earlier about the apartment with the bug problem. Right now, 883 00:47:56.039 --> 00:47:58.039 the way the market is This is a hard market 884 00:47:58.119 --> 00:48:01.159 right now, so nobody wants to write, especially you know, 885 00:48:01.280 --> 00:48:04.119 Colorado's one of the harder hit states after the Superior 886 00:48:04.239 --> 00:48:10.119 fire or Marshall fire, Troublesome Creek, all those things. Rates 887 00:48:10.159 --> 00:48:14.880 have gone absolutely nuts and as a hard market, even 888 00:48:15.000 --> 00:48:18.239 my agency we struggle to even find policies right now 889 00:48:18.239 --> 00:48:20.599 because a lot of curriers just don't want to write business. 890 00:48:21.159 --> 00:48:25.440 So it's an unannounced moratorium if you will. So if 891 00:48:25.480 --> 00:48:27.039 you do, cause we're happy to help you and talk 892 00:48:27.079 --> 00:48:29.159 to it. It's just I don't know if we have 893 00:48:29.280 --> 00:48:32.280 an option for you necessarily, but as the market comes 894 00:48:32.360 --> 00:48:34.159 back online, that's going to prove over time. 895 00:48:35.360 --> 00:48:36.280 We do help out some. 896 00:48:36.360 --> 00:48:41.519 Financial firms around town that provide advice to folks on retirement, 897 00:48:41.920 --> 00:48:44.840 and we also do reviews for their clients as well, 898 00:48:44.920 --> 00:48:47.719 make sure everything's stacked up and makes sense on their cory. 899 00:48:47.719 --> 00:48:50.079 Again, I have a question. Yeah, you know, one of 900 00:48:50.119 --> 00:48:52.199 the things that you see on TV all the time 901 00:48:52.840 --> 00:48:56.679 is this bundling. So does it really save you money 902 00:48:57.159 --> 00:48:59.960 to have you a home and auto with the same company. 903 00:49:01.519 --> 00:49:04.920 From a straight financial standpoint, it's usually the same. 904 00:49:07.320 --> 00:49:10.880 I'm sorry if you're splitting everything. 905 00:49:10.639 --> 00:49:13.519 Off and trying to take advantage of multiple markets, you're 906 00:49:13.599 --> 00:49:16.440 damaging yourself because you are giving up a lot of 907 00:49:16.480 --> 00:49:19.760 multiline discounts. And keep in mind, insurance is all about risk. 908 00:49:20.119 --> 00:49:23.159 So if I'm a product person or underwriter with an 909 00:49:23.199 --> 00:49:26.079 insurance company and you're coming to me with five different lines, 910 00:49:26.400 --> 00:49:29.480 that's five different points of risk. I know that you 911 00:49:29.719 --> 00:49:31.880 are going to be a better value to me because 912 00:49:32.880 --> 00:49:34.920 you're not going to have five areas of risk all 913 00:49:34.960 --> 00:49:35.559 happen at once. 914 00:49:36.480 --> 00:49:39.000 But there's a bigger issue with that, and it's one 915 00:49:39.079 --> 00:49:41.320 that we kind of run into. It's like, you know, 916 00:49:41.920 --> 00:49:45.519 I think if I'm talking strictly as an insured as 917 00:49:45.599 --> 00:49:49.239 a guy that's buying insurance and stuff based on my experience, 918 00:49:49.760 --> 00:49:53.000 the more opportunities you give an insurance company to point 919 00:49:53.039 --> 00:49:55.880 the finger at somebody else and say that other company 920 00:49:56.000 --> 00:49:58.440 or that other policy should be the one that's on 921 00:49:58.519 --> 00:50:01.159 the hook for this loss, the more app they are 922 00:50:01.280 --> 00:50:04.719 to do that. So when you create this potential, I 923 00:50:04.760 --> 00:50:07.480 don't know if conflict is the right word, but opportunity 924 00:50:07.599 --> 00:50:11.079 maybe between say a homeowners and an auto policy. You know, 925 00:50:11.400 --> 00:50:14.559 was you're out on a bicycle and you crash into somebody, 926 00:50:14.679 --> 00:50:16.880 Is it homeowners or is it auto you know, well, 927 00:50:16.960 --> 00:50:19.639 it's it's most likely homeowners in that situation. But what 928 00:50:19.800 --> 00:50:22.480 if it's an e bike where it's a motorized bike 929 00:50:22.559 --> 00:50:25.440 or something, Eh, not as clear that's more of a 930 00:50:25.559 --> 00:50:28.239 motorized vehicle because that going to go under the auto 931 00:50:28.320 --> 00:50:31.880 policy maybe, you know. Or if you're hit by a driver, 932 00:50:33.000 --> 00:50:35.920 now you are trigging. I mean, we do so much 933 00:50:36.119 --> 00:50:40.599 more in battling these issues behind the scenes, where we 934 00:50:40.880 --> 00:50:44.000 legit have a team of attorneys that's saying we think 935 00:50:44.079 --> 00:50:49.480 the policy says this, and our interpretation is that, and 936 00:50:49.559 --> 00:50:51.960 we have to harmonize those too, and so I mean 937 00:50:52.039 --> 00:50:55.079 that's part of what's so important about getting somebody on 938 00:50:55.159 --> 00:50:59.679 your side is that that these policies are subject to interpretation. 939 00:51:00.320 --> 00:51:02.480 It's never just as easy as looking at a list 940 00:51:02.519 --> 00:51:03.559 and seeing, yep, that's covered. 941 00:51:03.880 --> 00:51:04.000 You know. 942 00:51:04.079 --> 00:51:06.320 You remember the old Farmer's commercials where the guy and 943 00:51:06.360 --> 00:51:09.199 the old tweet sports coat was like, we covered it, 944 00:51:09.400 --> 00:51:13.800 you know, and that's not reality. Reality is we denied it, 945 00:51:14.119 --> 00:51:16.199 you know, and and then we got sued and then 946 00:51:16.239 --> 00:51:20.639 we begrudgingly decided to pay that claim down the road 947 00:51:20.800 --> 00:51:24.760 after you know so and so attorney whatever, you know, 948 00:51:24.960 --> 00:51:29.239 it it's just the first question was are we better 949 00:51:29.320 --> 00:51:31.679 off with the bundle? Yeah, I think so, to the 950 00:51:31.760 --> 00:51:34.679 extent that you can within reason. I mean, don't pay, 951 00:51:35.159 --> 00:51:38.000 don't pay an exorbitant premium for that privilege. But if 952 00:51:38.039 --> 00:51:40.280 you can get everything under one house, it makes sense. 953 00:51:40.519 --> 00:51:41.920 I think it makes sense to do it. 954 00:51:42.239 --> 00:51:44.159 It's like, Doc, if you go to lunch today, you 955 00:51:44.280 --> 00:51:46.760 go to McDonald's for your fries, burger Kings for your burger, 956 00:51:46.840 --> 00:51:49.800 and a gas station for your Sota because you're trying 957 00:51:49.800 --> 00:51:50.679 to maximize money. 958 00:51:51.760 --> 00:51:52.480 You missed the boat. 959 00:51:52.559 --> 00:51:55.360 Yeah, you're you're spending the money anyway. You're you're giving 960 00:51:55.440 --> 00:51:58.400 up discounts, and you're giving up the continuity of coverage. 961 00:51:58.960 --> 00:52:00.559 I really want one goes wrong. 962 00:52:00.639 --> 00:52:01.960 Yeah, you don't want to have to point out a 963 00:52:02.000 --> 00:52:05.360 whole bunch of people or have the car carriers pointing 964 00:52:05.360 --> 00:52:05.719 at each other. 965 00:52:05.880 --> 00:52:08.159 They love that. That's great for them, absolutely, I. 966 00:52:08.159 --> 00:52:10.039 Mean they can they can stall out a court case 967 00:52:10.079 --> 00:52:11.800 forever just by reversing the point. 968 00:52:12.639 --> 00:52:15.960 Yeah, that's that's absolutely the case. And so you know, 969 00:52:16.559 --> 00:52:19.360 practice pointer to most people. If you're out there shopping around, 970 00:52:20.039 --> 00:52:22.559 really take the time to try to find the best 971 00:52:22.639 --> 00:52:26.320 deal that has everything under one You know umbrella for 972 00:52:26.480 --> 00:52:30.280 lack of a better word, because I think in the 973 00:52:30.480 --> 00:52:32.519 end you'll find that you have better coverage and a 974 00:52:32.599 --> 00:52:36.239 better opportunity to get your damages taken care of. So 975 00:52:36.760 --> 00:52:38.360 we're going to go to a quick break. We will 976 00:52:38.400 --> 00:52:41.039 be right back and continue discussion. Give us a call 977 00:52:41.079 --> 00:52:43.039 if we can help you. We've got open lines right now. 978 00:52:43.360 --> 00:52:45.599 Seven P one three A two five five is a number. 979 00:52:50.519 --> 00:52:53.760 Go with a sure thing Denver's best roofer Excel Roofing 980 00:52:53.880 --> 00:52:56.840 dot com. You don't pay a cent until you're content. 981 00:52:58.679 --> 00:52:59.599 On top of it. 982 00:53:00.000 --> 00:53:03.039 I'm for an insurance checkup free, no obligation. In comparison, 983 00:53:03.199 --> 00:53:06.760 call Compass Insurance paying too much your coverage at dozens 984 00:53:06.800 --> 00:53:09.519 of insurance companies find out now three all three seven 985 00:53:09.599 --> 00:53:12.400 seven to one help. You'll think you're his only customer 986 00:53:12.440 --> 00:53:14.639 when you choose Frank durand the real estate Man dot 987 00:53:14.760 --> 00:53:18.039 com to list your home with Remax Alliance three all 988 00:53:18.079 --> 00:53:20.000 three nine two zero sixteen twenty two. 989 00:53:32.039 --> 00:53:34.360 All right, good afternoon, We're back. This is John Fuller 990 00:53:34.760 --> 00:53:38.679 or the Troubleshooter Network, and we are moving along here. 991 00:53:38.920 --> 00:53:42.880 We're talking about insurance coverage and and I'm talking with 992 00:53:43.000 --> 00:53:46.760 Dan Mahoney who is the principle of insurance Group of Denver. 993 00:53:46.840 --> 00:53:49.920 They're an independent agent. The cool thing about that is 994 00:53:49.960 --> 00:53:52.440 they're not beholden to one of the normal carriers there. 995 00:53:52.920 --> 00:53:55.159 They have a whole list of carriers that they're able 996 00:53:55.199 --> 00:53:59.920 to really custom formulate coverages to meet your needs and stuff. 997 00:54:00.079 --> 00:54:02.199 And so one of the things that we were talking 998 00:54:02.199 --> 00:54:05.360 about earlier, and everybody's already always heard these horror stories 999 00:54:05.400 --> 00:54:07.960 about well, you know it, can it come take my 1000 00:54:08.119 --> 00:54:10.719 house or my my car, or my dog or whatever 1001 00:54:10.760 --> 00:54:13.920 it is that you have to to you know, to 1002 00:54:14.039 --> 00:54:17.920 satisfy a creditor. And those are largely wives tales. I mean, 1003 00:54:18.000 --> 00:54:23.159 you don't really hear about people taking people's houses literally 1004 00:54:24.000 --> 00:54:26.599 as as much as you you know, you might think 1005 00:54:26.719 --> 00:54:30.800 based on the TV commercials and stuff that you hear 1006 00:54:30.880 --> 00:54:34.440 out there, but the risk is very real and and 1007 00:54:34.599 --> 00:54:37.440 it's it's something that that people need to be aware 1008 00:54:37.480 --> 00:54:41.320 of the actual mechanics of how that work or how 1009 00:54:41.360 --> 00:54:43.719 that works and in the real world. And and so 1010 00:54:44.800 --> 00:54:47.320 every now and again we get a call and and 1011 00:54:47.440 --> 00:54:49.840 we did recently from a listener to the show here 1012 00:54:49.960 --> 00:54:54.159 and and not to not to you know, to use 1013 00:54:54.280 --> 00:54:56.400 him as an example, but I think that it really 1014 00:54:56.599 --> 00:54:59.960 paints a picture that I suspect a lot of listeners 1015 00:55:00.199 --> 00:55:03.480 are in and and this gentleman had had worked his 1016 00:55:03.840 --> 00:55:07.519 whole life and had amassed, you know, a house that 1017 00:55:07.719 --> 00:55:10.840 was paid for that in Colorado, you know, a decent home. 1018 00:55:10.960 --> 00:55:13.599 It was I believe it was just over a million 1019 00:55:13.679 --> 00:55:16.400 dollars or so. And that's he admitted to a net 1020 00:55:16.480 --> 00:55:19.159 worth of over a million dollars. We didn't pursue it further, 1021 00:55:19.320 --> 00:55:21.719 but he was definitely a man of means, but not 1022 00:55:22.719 --> 00:55:26.320 not crazy. We're not talking like the Rockefellers here or something. 1023 00:55:26.360 --> 00:55:28.679 We're just talking about a person that lived his whole 1024 00:55:28.719 --> 00:55:30.960 life that happened to pay off his mortgage and the 1025 00:55:31.039 --> 00:55:33.360 property appreciated. He's got a couple of cars that are 1026 00:55:33.400 --> 00:55:35.400 paid for in an RV and an old dog and 1027 00:55:35.480 --> 00:55:39.039 a you know whatever. But the point is, you know, 1028 00:55:39.239 --> 00:55:42.599 at the age that this gentleman was, which was well 1029 00:55:42.679 --> 00:55:46.400 into retirement, he's still driving. He's still out there. He 1030 00:55:46.480 --> 00:55:49.360 still has risk. And I don't think a lot of 1031 00:55:49.400 --> 00:55:52.519 people really believe that they have this risk, and they're 1032 00:55:52.519 --> 00:55:55.760 attempted to just have the same old insurance that they've 1033 00:55:55.800 --> 00:55:59.559 had their whole life. And maybe twenty or thirty years ago, 1034 00:55:59.679 --> 00:56:04.079 having minimal limits made sense when he had less assets 1035 00:56:04.199 --> 00:56:08.320 and less earnings and less risk and probably cars at 1036 00:56:08.360 --> 00:56:12.239 that time cost, you know, seven thousand dollars or something 1037 00:56:12.320 --> 00:56:14.880 for a new car, whereas today they're ninety or one 1038 00:56:14.960 --> 00:56:17.320 hundred thousand dollars. It seems like half the cars in 1039 00:56:17.360 --> 00:56:20.079 the parking lot. Are you know, a pickup truck that's 1040 00:56:20.079 --> 00:56:22.599 over one hundred grand is not hard to do and stuff. 1041 00:56:23.079 --> 00:56:25.519 And then you start thinking about this twenty five grand 1042 00:56:25.559 --> 00:56:28.039 that you've got for coverage, and you go, holy cow, 1043 00:56:29.000 --> 00:56:35.000 this is not enough. And so this particular caller got 1044 00:56:35.039 --> 00:56:38.320 into an accident and he didn't think it was that 1045 00:56:38.679 --> 00:56:42.039 significant of an accident, but sure enough, the other party 1046 00:56:42.159 --> 00:56:43.960 ended up going to the hospital. I think they were 1047 00:56:44.000 --> 00:56:46.960 in an ambulance, So it wasn't It wasn't just a bump, 1048 00:56:47.079 --> 00:56:51.119 It was something halfway significant. And lo and behold, they 1049 00:56:51.239 --> 00:56:55.159 ended up with an attorney, and he began to work 1050 00:56:55.239 --> 00:56:58.280 through the issue of do I have enough coverage? And 1051 00:56:58.480 --> 00:57:01.480 the plaintiff's attorney he was working through the issue of 1052 00:57:01.760 --> 00:57:03.840 what are we going to do with this guy? Okay? 1053 00:57:04.400 --> 00:57:07.440 And it brings up this unique process that most people 1054 00:57:07.559 --> 00:57:11.519 don't even know exist, which is the insurance companies and 1055 00:57:11.880 --> 00:57:14.440 the lawyers all have to figure out what cards they've 1056 00:57:14.440 --> 00:57:17.840 been dealt. And so, if a guy has twenty five 1057 00:57:17.920 --> 00:57:22.800 thousand dollars of insurance and he's got five dollars worth 1058 00:57:22.840 --> 00:57:26.599 of assets, that may be the single most valuable thing 1059 00:57:26.679 --> 00:57:29.920 that he owns is that policy of insurance, And it 1060 00:57:30.039 --> 00:57:33.639 may make absolute sense to take the twenty five, even 1061 00:57:33.719 --> 00:57:35.920 though you may have let's say, just for the sake 1062 00:57:36.000 --> 00:57:39.119 of the argument, let's say you have two hundred thousand 1063 00:57:39.119 --> 00:57:42.079 dollars of damages. It may be the case that your 1064 00:57:42.360 --> 00:57:46.039 strategic best move is to take that twenty five because 1065 00:57:46.039 --> 00:57:47.880 that's the most you're ever going to get from this guy. 1066 00:57:48.280 --> 00:57:50.440 He's got two nickels to rub together in a twenty 1067 00:57:50.480 --> 00:57:55.280 five thousand dollars policy. God love him, right. But on 1068 00:57:55.400 --> 00:57:58.920 the other hand, if the guy has a million dollars 1069 00:57:59.039 --> 00:58:01.559 or so of assets out there that are unencumbered by 1070 00:58:01.639 --> 00:58:05.639 mortgages and he just happens to have this policy that's 1071 00:58:05.760 --> 00:58:08.119 the bare bones minimum that the state says that you 1072 00:58:08.199 --> 00:58:11.280 can buy, you have to ask the question, is the 1073 00:58:11.400 --> 00:58:18.679 guy voluntarily underinsured? What does that mean? Voluntarily underinsured? Dan, 1074 00:58:22.480 --> 00:58:24.880 It just means he didn't buy enough insurance relative to 1075 00:58:24.920 --> 00:58:27.000 the number of assets that he has, right. 1076 00:58:27.000 --> 00:58:30.320 And he's also going along with what the state says. 1077 00:58:30.280 --> 00:58:35.400 He's just trying to save money, but you know, intentionally 1078 00:58:35.559 --> 00:58:39.039 or not, he's putting his own assets at risk instead 1079 00:58:39.039 --> 00:58:41.960 of spending a little extra money in buying that extra coverage. 1080 00:58:42.239 --> 00:58:46.320 I mean, at its core, buying liability insurance is protection 1081 00:58:47.000 --> 00:58:49.119 for your own assets. And so it came as quite 1082 00:58:49.119 --> 00:58:51.480 a shock to this guy that what do you mean 1083 00:58:51.559 --> 00:58:54.719 by why are they wanting to know about my personal assets? 1084 00:58:55.159 --> 00:58:56.920 Why are they wanting to know how much money I 1085 00:58:57.000 --> 00:58:58.719 have in the bank, and how much equity I have, 1086 00:58:59.119 --> 00:59:01.880 and how many stocks and bonds I have, and you know, 1087 00:59:02.119 --> 00:59:04.639 and what my cars are worth. Why are they asking 1088 00:59:04.719 --> 00:59:08.119 me all these questions? And the simple fact was the 1089 00:59:08.519 --> 00:59:13.320 plaintiff's attorney was evaluating, and probably the uninsured motors carrier 1090 00:59:13.440 --> 00:59:17.440 for the injured party, they were evaluating whether or not 1091 00:59:17.679 --> 00:59:23.800 you were voluntarily underinsured. And if they conclude that you were, 1092 00:59:25.039 --> 00:59:29.519 then guess what they could absolutely not agree to, except 1093 00:59:29.519 --> 00:59:32.960 you're twenty five, and they could instead decide to come 1094 00:59:33.039 --> 00:59:36.639 after you because you have assets. And that's the worst 1095 00:59:36.679 --> 00:59:39.119 thing that can happen to you when you're seventy five 1096 00:59:39.199 --> 00:59:41.039 or eighty years old and all of a sudden you're 1097 00:59:41.039 --> 00:59:43.920 facing a judgment that could require you to sell your house, 1098 00:59:44.039 --> 00:59:48.079 or sell assets, or cash in your stock account or something. 1099 00:59:48.199 --> 00:59:50.280 You know, there's lots of assets that are not protected. 1100 00:59:51.440 --> 00:59:56.079 That's the reality of getting in an accident and accidentally 1101 00:59:56.159 --> 00:59:59.639 hurting somebody. Nobody says you did something on purpose, but 1102 01:00:00.000 --> 01:00:03.119 not having enough insurance to protect you in the event 1103 01:00:03.199 --> 01:00:03.880 that that happened. 1104 01:00:04.119 --> 01:00:04.239 Right. 1105 01:00:05.440 --> 01:00:07.960 You know, if that same accident had happened and the 1106 01:00:08.039 --> 01:00:11.159 guy had two fifty or something and he's only got 1107 01:00:11.199 --> 01:00:13.280 a house and maybe a couple of cars, and he's old, 1108 01:00:13.639 --> 01:00:16.800 and there's protections in place, the planet's attorney would likely 1109 01:00:17.320 --> 01:00:20.000 conclude that, you know, and the um carrier would conclude 1110 01:00:20.039 --> 01:00:24.199 that he's appropriately insured. We're just gonna take the two 1111 01:00:24.320 --> 01:00:27.159 fifty if it's offered, which it probably would be. We're 1112 01:00:27.159 --> 01:00:28.880 gonna take the two fifty, and we'll give him a 1113 01:00:28.960 --> 01:00:31.000 complete release that lets this guy off the hook. 1114 01:00:31.159 --> 01:00:35.559 Right, and John, can you for both of you you 1115 01:00:35.639 --> 01:00:38.119 can get separate covers. So if you have an old 1116 01:00:38.199 --> 01:00:43.480 car and can you get like minimal collision and maximum 1117 01:00:43.679 --> 01:00:45.239 and maximum liability? 1118 01:00:45.880 --> 01:00:46.360 Absolutely? 1119 01:00:46.880 --> 01:00:49.559 Yeah, so you can get you can you don't have 1120 01:00:49.719 --> 01:00:50.880 to have twenty five. 1121 01:00:50.920 --> 01:00:51.639 It doesn't have to be. 1122 01:00:54.239 --> 01:00:57.519 If they get liability only of a big, huge number 1123 01:00:57.880 --> 01:01:01.800 and just not have Cadillac coverage for your car. Okay, 1124 01:01:02.079 --> 01:01:05.840 I have a gnarly ugly pickup truck that has more 1125 01:01:05.920 --> 01:01:08.920 liability in the world, and it's straight. 1126 01:01:10.280 --> 01:01:14.519 There's nothing either. If it disappears, it disappears, and God 1127 01:01:14.559 --> 01:01:15.760 bless whoever would take. 1128 01:01:15.639 --> 01:01:18.800 That exactly, it's probably worth more in the form of 1129 01:01:18.840 --> 01:01:21.920 a check point insurance coming off than any buyer would 1130 01:01:21.920 --> 01:01:24.760 ever give you on it. So so you know, that's 1131 01:01:24.840 --> 01:01:28.880 the backdrop that we're dealing with. Is this real, you know, 1132 01:01:29.079 --> 01:01:32.559 circumstance that happens to people when they just try to 1133 01:01:32.599 --> 01:01:34.800 save a little money and get the bare bones minimum 1134 01:01:34.880 --> 01:01:36.760 coverage and they think this could never happen to me, 1135 01:01:37.679 --> 01:01:39.960 and it does, and it did to one of our 1136 01:01:40.000 --> 01:01:43.320 listeners here at the show. And I hate that more 1137 01:01:43.360 --> 01:01:46.320 than anything, because you know, not only is this guy, 1138 01:01:46.880 --> 01:01:51.039 you know, whole retirement really in jeopardy, but that planet 1139 01:01:51.199 --> 01:01:53.760 that got injured. That person is trying to recover and 1140 01:01:53.880 --> 01:01:56.880 be made whole. And I mean, I'm sure they're a 1141 01:01:56.920 --> 01:01:59.760 good person, and they don't want to take a guy's 1142 01:02:00.400 --> 01:02:03.840 or something crazy. So it's just it's it's truly incumbent 1143 01:02:03.960 --> 01:02:08.960 upon you to have enough insurance to really reflect today's marketplace, 1144 01:02:09.320 --> 01:02:11.559 where a trip to the er can be thirty forty 1145 01:02:11.599 --> 01:02:16.360 fifty thousand dollars in a heartbeat and you're twenty five, 1146 01:02:16.519 --> 01:02:19.679 no matter what the law says, is just not enough coverage. 1147 01:02:20.199 --> 01:02:21.760 So when we get back from break, we're going to 1148 01:02:21.800 --> 01:02:26.599 talk about my two other favorite things, medpay and medpay waivers, 1149 01:02:26.679 --> 01:02:28.760 and then we're going to get into umbrellas. So hang 1150 01:02:28.800 --> 01:02:30.039 on a second, we'll be right back. 1151 01:02:34.800 --> 01:02:38.079 Go with a sure thing Denver's best roofer Excel Roofing 1152 01:02:38.159 --> 01:02:40.800 dot com. You don't pay a cent until you're content. 1153 01:02:44.199 --> 01:02:47.360 Time for an insurance checkup free, no obligation. In comparison, 1154 01:02:47.519 --> 01:02:51.039 call Compass insurance paying too much your coverage at dozens 1155 01:02:51.079 --> 01:02:53.800 of insurance companies find out now three all three seven 1156 01:02:53.840 --> 01:02:56.159 to seven to one help. You'll think you're his only 1157 01:02:56.280 --> 01:02:58.679 customer when you choose Frank durand the real estate Man 1158 01:02:58.800 --> 01:03:02.199 dot com to list your home with Remax Alliance three 1159 01:03:02.239 --> 01:03:04.320 all three nine two zero sixteen twenty two. 1160 01:03:10.639 --> 01:03:13.840 All right, we're back. John Fuller here on the Troubleshooter network. 1161 01:03:14.119 --> 01:03:16.559 We are looking at some open lines here and so 1162 01:03:16.679 --> 01:03:19.239 we are here to help you if you have any 1163 01:03:19.360 --> 01:03:22.360 issues that we can chime in on. If you've been scammed, 1164 01:03:22.400 --> 01:03:25.760 if you've been ripped off, if you have challenges with contractors, 1165 01:03:26.320 --> 01:03:30.280 issues with your vehicles, problems with your landlord, anything along 1166 01:03:30.320 --> 01:03:34.400 those lines, and particularly if you happen to have been 1167 01:03:34.599 --> 01:03:37.360 in an accident you have questions about that, I'm happy 1168 01:03:37.400 --> 01:03:40.360 to answer those questions. That is my specialty. I've been 1169 01:03:40.400 --> 01:03:42.719 a personal injury attorney in Denver for the last twenty 1170 01:03:42.800 --> 01:03:46.000 three or so years, and we are here to help. 1171 01:03:46.039 --> 01:03:48.960 The phone number is three three seven one, three eight 1172 01:03:49.000 --> 01:03:51.559 two five five. In the studio with me today are 1173 01:03:52.239 --> 01:03:56.880 deputies Dimitri and Doc always ready at the standby for 1174 01:03:57.199 --> 01:04:01.159 your issues. And Dan mahoney Dance with the Insurance Group 1175 01:04:01.199 --> 01:04:04.320 of Denver and we're here having a lively discussion about 1176 01:04:05.199 --> 01:04:09.920 insurance coverages and what to and not to do and 1177 01:04:10.079 --> 01:04:12.719 that kind of stuff. And so if you have questions 1178 01:04:12.760 --> 01:04:16.119 about your own coverage, absolutely pick up the phone and 1179 01:04:16.159 --> 01:04:17.800 call is. Grab your deck sheet if you want to 1180 01:04:17.840 --> 01:04:20.639 run some numbers by us and see if we think 1181 01:04:20.719 --> 01:04:24.800 that you're appropriately insured. Or anything along those lines. Those 1182 01:04:24.880 --> 01:04:29.360 calls are always welcome. If you have horror stories about 1183 01:04:29.440 --> 01:04:31.800 a claim that's gone wrong with you, or that some 1184 01:04:31.960 --> 01:04:34.760 example of a lesson that you learned along the way 1185 01:04:34.960 --> 01:04:37.599 regarding coverage and stuff, by all means, give us a call. 1186 01:04:37.719 --> 01:04:41.039 Those are super helpful for everybody else and the what 1187 01:04:41.239 --> 01:04:43.800 not to do categories, So we're here for you. Give 1188 01:04:43.880 --> 01:04:48.239 us a call. So, going into the break, I mentioned 1189 01:04:48.280 --> 01:04:52.599 that my two favorite subjects were medpay and uninsured motors coverage, 1190 01:04:52.639 --> 01:04:56.679 and I want to talk about medpay and a lot 1191 01:04:56.719 --> 01:05:00.840 of people don't know really the genesis of medpay, where 1192 01:05:00.920 --> 01:05:04.239 it where it came from. Uh, but they do remember 1193 01:05:04.360 --> 01:05:06.719 that a number of years ago we had we had 1194 01:05:06.760 --> 01:05:10.079 something called no fault in Colorado, and under no fault, 1195 01:05:11.000 --> 01:05:14.079 if you got an accident, it didn't matter whose fault 1196 01:05:14.159 --> 01:05:16.960 it was. My insurance company would pay for my meds 1197 01:05:17.000 --> 01:05:19.960 and yours would pay for years. And so we literally 1198 01:05:20.079 --> 01:05:25.480 had this this you know, this regime or this this 1199 01:05:25.960 --> 01:05:29.639 you know this this setup in Colorado to where we 1200 01:05:29.719 --> 01:05:31.920 didn't really go to our own primary care doctors. We 1201 01:05:32.000 --> 01:05:35.679 didn't we didn't really you know, use our traditional medical 1202 01:05:35.760 --> 01:05:41.000 providers because they weren't really participating in auto crashes. They 1203 01:05:41.440 --> 01:05:44.159 they they weren't on the list, so to speak. And 1204 01:05:44.320 --> 01:05:47.519 and so we had all these like injury people and 1205 01:05:47.679 --> 01:05:51.119 chiropractors and stuff that were all experts and in treating, 1206 01:05:51.400 --> 01:05:56.599 you know, auto crashes, and and and the the insurance companies, 1207 01:05:56.639 --> 01:05:59.239 of course, perceived that every trip to the chiropractor was 1208 01:05:59.280 --> 01:06:01.840 a waste of money, and they thought that the system 1209 01:06:02.000 --> 01:06:03.960 was being abused, and so they put it on the 1210 01:06:04.039 --> 01:06:07.320 ballot and promised the people in Colorado that they would 1211 01:06:07.320 --> 01:06:12.079 save bookoos on their insurance premiums. And so Colorado voted 1212 01:06:12.159 --> 01:06:14.559 out the no fault and they voted in the system 1213 01:06:14.639 --> 01:06:18.639 that we have. And so immediately the after effects of 1214 01:06:18.719 --> 01:06:23.320 that law change became became known, which was that now 1215 01:06:23.519 --> 01:06:26.679 we had no mechanism to get medical bills paid that 1216 01:06:26.800 --> 01:06:30.800 were incurred immediately following an accident, because the at fault 1217 01:06:30.880 --> 01:06:35.119 carriers refused to pay. They represent their insurance and they're 1218 01:06:35.159 --> 01:06:38.639 never going to reduce the amount of policy coverage that 1219 01:06:38.760 --> 01:06:41.880 they have without securing a release in advance. And so 1220 01:06:42.079 --> 01:06:44.760 they had the ability to sit back and wait for 1221 01:06:44.880 --> 01:06:47.199 months and months and never pay any of those bills. 1222 01:06:48.079 --> 01:06:50.440 And we had people that would immediately get a bill 1223 01:06:50.480 --> 01:06:52.719 from the ambulance and immediately get a bill from the 1224 01:06:53.079 --> 01:06:55.480 er and there was no mechanism to get that paid. 1225 01:06:56.360 --> 01:07:00.000 And so the solution to that, and I should probably 1226 01:07:00.000 --> 01:07:03.079 we also had our hospitals weren't getting paid either, and 1227 01:07:03.199 --> 01:07:05.400 so they were kind of knocking on the door of 1228 01:07:05.519 --> 01:07:09.039 the legislature saying, we have a problem here, people. You've 1229 01:07:09.199 --> 01:07:12.440 outlawed this whole mechanism that we had to get paid, 1230 01:07:13.159 --> 01:07:15.639 and now we're being asked to wait months and months 1231 01:07:15.719 --> 01:07:18.000 to get paid for this er visit that we had 1232 01:07:18.079 --> 01:07:20.760 to treat the party for. We can't turn them away, 1233 01:07:22.000 --> 01:07:23.920 and so what are we to do? And so their 1234 01:07:24.039 --> 01:07:27.880 answer to that was medical payments coverage, and we went 1235 01:07:27.960 --> 01:07:30.559 through a number of gyrations. Initially it was only one 1236 01:07:30.599 --> 01:07:33.599 thousand dollars and it was going to save the day, 1237 01:07:33.679 --> 01:07:35.760 as if that would pay for an ambulance ride or 1238 01:07:35.880 --> 01:07:38.559 any any real part of an er visit. But that's 1239 01:07:38.599 --> 01:07:42.599 what the dollar amount was, and we've kind of gravitated 1240 01:07:42.719 --> 01:07:45.880 up to where it is today and the required minimal 1241 01:07:45.960 --> 01:07:49.760 amount of medpay is five thousand dollars. And so it's 1242 01:07:49.840 --> 01:07:53.280 this crazy thing where we have a mandatory coverage. 1243 01:07:54.920 --> 01:07:58.280 Then you kicked out, but you can wait it and John, 1244 01:07:58.360 --> 01:08:01.320 not only that, but the pay in my case, and 1245 01:08:01.400 --> 01:08:04.199 here are the declarations that I'm going to ask Dan 1246 01:08:04.280 --> 01:08:07.599 to go over review for me. The maximum is only 1247 01:08:07.719 --> 01:08:10.599 twenty five thousand dollars. I wanted a lot more than 1248 01:08:10.679 --> 01:08:13.199 that with the insurance company. No insurance company would sell 1249 01:08:13.280 --> 01:08:15.000 me more than twenty five thousand medpay. 1250 01:08:15.320 --> 01:08:15.920 What turns that? 1251 01:08:16.159 --> 01:08:17.720 Is that going to pay for it? And not many 1252 01:08:17.760 --> 01:08:20.399 companies will sell twenty five and I've only seen a 1253 01:08:20.439 --> 01:08:24.000 couple that will sell one hundred, and it just varies. 1254 01:08:24.399 --> 01:08:27.880 That's their you know, really, insurance companies hate medical payments 1255 01:08:27.920 --> 01:08:32.119 coverage because it's it's a coverage that's not dependent upon fault, 1256 01:08:33.000 --> 01:08:36.399 and so they can't really you know, they can't really 1257 01:08:38.239 --> 01:08:42.319 you know, traditionally, their evaluations of risk are evaluating your 1258 01:08:42.520 --> 01:08:45.359 likelihood to get in an accident. And we can we 1259 01:08:45.439 --> 01:08:49.600 can actuarily determine what our risk level is. But but 1260 01:08:50.439 --> 01:08:52.640 you know, we were talking off the air. If you're 1261 01:08:52.800 --> 01:08:55.000 carrying six kids to a volleyball. 1262 01:08:54.840 --> 01:08:58.039 Go with a sure thing Denver's Best roofer Excel roofing 1263 01:08:58.119 --> 01:09:00.760 dot com. You don't pay a cent on You're content. 1264 01:09:04.159 --> 01:09:07.319 Time for an insurance check up free no obligation. Comparison 1265 01:09:07.479 --> 01:09:11.000 call Compass Insurance paying too much your coverage at dozens 1266 01:09:11.039 --> 01:09:13.760 of insurance companies find out now three all three seven 1267 01:09:13.880 --> 01:09:16.880 seven one help. You'll think you're his only customer when 1268 01:09:16.920 --> 01:09:19.159 you choose Frank durand the real estate Man dot com 1269 01:09:19.439 --> 01:09:22.520 to list your home with Remax Alliance three all three 1270 01:09:22.600 --> 01:09:24.279 nine two zero sixteen twenty two. 1271 01:09:29.760 --> 01:09:30.319 Ripped of. 1272 01:09:32.039 --> 01:09:35.520 News, so you don't have come. 1273 01:09:37.319 --> 01:09:39.760 Come run in as fast as can. 1274 01:09:41.000 --> 01:09:42.319 Shooter's gonna help. 1275 01:09:42.560 --> 01:09:45.279 Come man, This is. 1276 01:09:45.319 --> 01:09:50.439 The Troubleshooter Show Now, Tom Martinez, Hey. 1277 01:09:50.399 --> 01:09:53.000 Good afternoon. This is John Fuller on the Referral Network. 1278 01:09:53.119 --> 01:09:57.520 We are here halfway through today. We are here to 1279 01:09:57.880 --> 01:10:00.760 solve problems, take complaints, an tower quesestions. We're here to 1280 01:10:00.840 --> 01:10:04.079 help you. If you've been scammed, if you've been ripped off, 1281 01:10:04.159 --> 01:10:06.199 if there's something that we can help you on, give 1282 01:10:06.279 --> 01:10:08.520 us a call. The number here in the studio is 1283 01:10:08.600 --> 01:10:11.520 seven one three eight two five five. That's three oh 1284 01:10:11.640 --> 01:10:14.880 three seven one three eight two five five. You can 1285 01:10:14.960 --> 01:10:18.439 also reach us at help at troubleshooter dot com. We 1286 01:10:18.640 --> 01:10:22.359 have Deputy Doc and Deputy Dmitri and uh. We have 1287 01:10:22.800 --> 01:10:26.920 Dan Mahoney in the house today dan is a is 1288 01:10:27.000 --> 01:10:32.319 an insurance agent that owns Insurance Group of Denver, which 1289 01:10:32.399 --> 01:10:34.479 is an independent agency, And we're kind of talking through 1290 01:10:34.520 --> 01:10:38.399 the different issues. We just tiptoed into medpay and I 1291 01:10:38.560 --> 01:10:42.479 was talking about the history of medpay. If if you're 1292 01:10:42.600 --> 01:10:45.840 new to the show this afternoon, we're kind of discussing 1293 01:10:45.920 --> 01:10:49.560 all things auto insurance and limits and types of coverage 1294 01:10:49.600 --> 01:10:53.279 and stuff like that. If if you have issues that 1295 01:10:53.600 --> 01:10:56.439 relate to claims on your auto insurance or you have 1296 01:10:56.560 --> 01:10:59.800 questions about the level of coverage that you have, give 1297 01:10:59.880 --> 01:11:01.880 us a call, because we're here to help work through 1298 01:11:01.880 --> 01:11:04.920 those issues. And so I'd far prefer to discuss with 1299 01:11:05.039 --> 01:11:07.359 you about whether the coverage is there to do what 1300 01:11:07.479 --> 01:11:10.720 you think it's there to do before something happens rather 1301 01:11:10.840 --> 01:11:15.039 than after. And so we had just tiptoed into medpay. 1302 01:11:15.680 --> 01:11:19.079 Medpay is a coverage that's on your policy. It's designed 1303 01:11:19.079 --> 01:11:21.119 to help you pay some of the out of pocket 1304 01:11:21.199 --> 01:11:26.000 expenses that you immediately incur after an accident. And I 1305 01:11:26.079 --> 01:11:27.600 can't tell you the number of times when I have 1306 01:11:27.680 --> 01:11:30.199 a client that says, well, I wasn't at fault. The 1307 01:11:31.000 --> 01:11:34.319 hospital's just going to build the other insurance company and 1308 01:11:34.640 --> 01:11:36.720 they truly think that that's what's going to happen. But 1309 01:11:36.880 --> 01:11:40.039 the reality is that the other insurance company is never 1310 01:11:40.159 --> 01:11:42.560 going to pay those bills as they're being incurred. Those 1311 01:11:42.600 --> 01:11:46.239 bills are in your name, they're your responsibility. If you 1312 01:11:46.359 --> 01:11:48.760 ignore them and don't do anything with them, it'll be 1313 01:11:48.920 --> 01:11:52.000 you that gets a collection company calling you, and it'll 1314 01:11:52.039 --> 01:11:54.920 be your credit that ends up getting deemed in the process. 1315 01:11:55.039 --> 01:11:58.840 So it's very important that you understand what coverages are 1316 01:11:58.920 --> 01:12:03.000 there to provide what payment and medpay is kind of 1317 01:12:03.000 --> 01:12:05.359 the first line of defense. So I wanted to turn 1318 01:12:05.399 --> 01:12:07.439 it over to Dan and just talk about it. It's 1319 01:12:07.479 --> 01:12:11.840 a mandatory coverage, but explain the waiver. How does that work? 1320 01:12:12.119 --> 01:12:12.239 Dan? 1321 01:12:12.319 --> 01:12:13.079 In your practice? 1322 01:12:13.199 --> 01:12:17.119 So it's a mandatory coverage that you can opt out of. 1323 01:12:18.680 --> 01:12:20.960 That's the genius. Why would anybody ever do that? 1324 01:12:21.239 --> 01:12:23.600 So when I hear people say I'm going to opt 1325 01:12:23.640 --> 01:12:25.199 out of that, they say I'm going to opt out 1326 01:12:25.239 --> 01:12:28.920 because I have amazing health insurance or I'm in the military, 1327 01:12:29.239 --> 01:12:34.000 or I'm on I'm retired and I have Medicare. 1328 01:12:34.159 --> 01:12:36.079 Well, I haven't had an accident in thirty two years 1329 01:12:36.119 --> 01:12:36.800 and need. 1330 01:12:36.880 --> 01:12:39.640 And you're impervious, right, That's the other one too, and 1331 01:12:40.119 --> 01:12:42.800 you know everyone's going to get an accident, and statistics 1332 01:12:42.880 --> 01:12:44.960 are out there to yeah, what is it like every 1333 01:12:45.039 --> 01:12:48.319 seven years over over one thousand bucks? Either the problem 1334 01:12:48.399 --> 01:12:50.840 with that is that is seven years going to be 1335 01:12:50.920 --> 01:12:52.800 this afternoon or is it going to be in seven years? 1336 01:12:52.960 --> 01:12:53.079 Right? 1337 01:12:53.479 --> 01:12:55.800 And it's going to happen, so you have to be 1338 01:12:55.920 --> 01:12:58.279 prepared for it. Well, how do you rebut that argument 1339 01:12:58.319 --> 01:13:00.239 that I have great insurance, so I have Medicare. I 1340 01:13:00.359 --> 01:13:02.720 hear that all the time. I have I have Medicare, 1341 01:13:02.760 --> 01:13:05.279 and I have trap care for life and and and 1342 01:13:05.560 --> 01:13:08.439 I'm totally covered. There's never going to be a medical 1343 01:13:08.479 --> 01:13:10.359 bill that I have to pay. Why the hell should 1344 01:13:10.359 --> 01:13:11.399 I have so pay? 1345 01:13:11.520 --> 01:13:14.359 When I talked through this, first thing is is that 1346 01:13:14.760 --> 01:13:17.479 really medpay? I kind of look at it as it's 1347 01:13:17.560 --> 01:13:20.920 it's buying you time. So it's it's giving you some 1348 01:13:21.039 --> 01:13:23.199 money at the time of the accident that you can 1349 01:13:23.279 --> 01:13:28.279 apply towards any early incurred costs or any ancillary care 1350 01:13:28.359 --> 01:13:28.960 that you want. 1351 01:13:28.840 --> 01:13:30.399 To go out. That's going to make you feel better. 1352 01:13:31.119 --> 01:13:34.359 Uh So that's that's the first part of it. It's 1353 01:13:34.399 --> 01:13:35.640 going to make it a lot easier. It's going to 1354 01:13:35.680 --> 01:13:36.640 streamline the process. 1355 01:13:37.359 --> 01:13:37.479 Uh. 1356 01:13:37.920 --> 01:13:43.920 Second, especially if you're you're younger, is that uh you know, 1357 01:13:45.119 --> 01:13:48.960 if you have kids and you're driving carpool and you 1358 01:13:49.119 --> 01:13:52.079 have an accident and you have five kids all tucked 1359 01:13:52.159 --> 01:13:56.439 up in your super four wheel drive wagon, if one 1360 01:13:56.439 --> 01:14:00.560 of those kids doesn't have health insurance or doesn't have parents, 1361 01:14:00.600 --> 01:14:02.800 don't have a good policy, all of a sudden, you're 1362 01:14:02.840 --> 01:14:06.680 going to be responsible for those costs. And in this case, 1363 01:14:06.760 --> 01:14:10.039 now with the medpay on there, they can actually dip 1364 01:14:10.079 --> 01:14:12.520 into those funds and same thing, it helps assist them 1365 01:14:12.960 --> 01:14:15.680 along the process to get to the treatment that they 1366 01:14:15.760 --> 01:14:18.159 need until someone takes responsibility and starts paying the bills. 1367 01:14:18.239 --> 01:14:20.560 I love when people tell me how great their Medicare is, 1368 01:14:20.720 --> 01:14:25.439 and it's just a they're just misinformed. They just don't understand. 1369 01:14:25.520 --> 01:14:29.119 I mean, a Medicare doesn't cover everything, number one, so 1370 01:14:29.239 --> 01:14:33.000 you're not truly impervious to any you know, bill coming 1371 01:14:33.039 --> 01:14:37.359 your way following an accident. But secondly, it's like, do 1372 01:14:37.520 --> 01:14:40.960 you only drive by yourself forever and ever and you 1373 01:14:41.199 --> 01:14:43.479 never have anybody else in your car? I mean, do 1374 01:14:43.600 --> 01:14:45.680 you and the neighbors never go out to dinner? Do 1375 01:14:45.800 --> 01:14:48.840 you never take your grandkids to the park or back 1376 01:14:48.920 --> 01:14:51.479 over to your kid's house or I mean, it's it's 1377 01:14:51.600 --> 01:14:54.279 everybody else that you buy all this insurance for. You know, 1378 01:14:54.800 --> 01:14:58.880 if I have a super you know, gazillion dollar U 1379 01:14:59.000 --> 01:15:02.079 in policy, and i'm that because I don't want to 1380 01:15:02.199 --> 01:15:05.520 have no insurance available if I got killed. It's not 1381 01:15:05.960 --> 01:15:07.920 me that's going to get that money, it's my family. 1382 01:15:08.720 --> 01:15:13.399 And so I just look at insurance as a necessary evil. 1383 01:15:13.520 --> 01:15:15.680 It's a tool that we have to have, but you 1384 01:15:16.039 --> 01:15:19.319 darn sure ought to have it built in a way 1385 01:15:19.399 --> 01:15:21.880 that's going to benefit the people that are in your 1386 01:15:21.920 --> 01:15:24.039 family that are actually going to be the recipient of 1387 01:15:24.119 --> 01:15:27.359 those funds. And I think medpay is one of those coverages. 1388 01:15:27.479 --> 01:15:32.079 It's perfect for copays and deductibles and stuff like that 1389 01:15:32.279 --> 01:15:34.560 that are the immediate out of pocket expenses. 1390 01:15:34.720 --> 01:15:37.319 And almost anybody you talk to now it used to 1391 01:15:37.359 --> 01:15:41.520 be optional back when healthcare shart getting expensive, but it's 1392 01:15:41.520 --> 01:15:44.479 pretty standard now. Most policies have five thousand dollars deductible 1393 01:15:44.560 --> 01:15:45.119 right out the door. 1394 01:15:45.520 --> 01:15:49.439 Yeah they do, and we're able to frequently use the 1395 01:15:49.560 --> 01:15:52.800 medpay to at least help knock out that out of 1396 01:15:52.880 --> 01:15:57.079 pocket minimum. It maybe doesn't cover every single bit of it, 1397 01:15:57.199 --> 01:15:59.880 but it goes a long way. And so if you're 1398 01:16:00.079 --> 01:16:02.359 really if you're one of those people that are like, Okay, 1399 01:16:02.760 --> 01:16:05.000 do I pay the deductible or do I pay my rent? 1400 01:16:05.439 --> 01:16:10.399 That medpay is the difference in being immediately in financial crisis, 1401 01:16:10.640 --> 01:16:13.359 especially if somebody has to take a week or two 1402 01:16:13.479 --> 01:16:16.920 off work, and being able to kind of maintain the 1403 01:16:17.000 --> 01:16:20.640 status quo and pay your rent and keep things flowing forward. Dmitry, 1404 01:16:20.640 --> 01:16:21.239 you had a question. 1405 01:16:21.640 --> 01:16:24.680 Yeah, Dan, you know, I've always been a big advocate 1406 01:16:24.720 --> 01:16:27.840 of proper insurance in case I incurliability while driving or 1407 01:16:27.880 --> 01:16:31.279 doing something else. But a fundamental shift in my thinking 1408 01:16:31.840 --> 01:16:35.000 started occurring back when I I'd say six seven months ago, 1409 01:16:35.000 --> 01:16:37.079 and I started seeing John quite a bit over here 1410 01:16:37.119 --> 01:16:39.520 in the course of our participation in the show. And 1411 01:16:39.640 --> 01:16:42.079 one thing that he impressed upon me is the importance 1412 01:16:42.159 --> 01:16:46.239 of look at this as buying insurance for yourself. Right 1413 01:16:46.520 --> 01:16:49.239 because of what he just said, you know that both 1414 01:16:49.319 --> 01:16:53.119 cars on your side are statistically uninsured, are severely underinsured. 1415 01:16:53.640 --> 01:16:56.319 So that has been the shift and the reason that 1416 01:16:56.439 --> 01:16:59.279 I want to buy and do buy auto insurance. So 1417 01:16:59.399 --> 01:17:02.479 here's my declarations page. And in the context of what 1418 01:17:02.640 --> 01:17:06.279 I just said, can you please review and this is 1419 01:17:06.319 --> 01:17:09.199 a state farm policy, and can you please review this. 1420 01:17:09.439 --> 01:17:11.359 By the way, these are all limits. They won't sell 1421 01:17:11.439 --> 01:17:15.199 me any more insurance. So not only would I ask 1422 01:17:15.279 --> 01:17:19.600 you to review my limits, but can you also bring 1423 01:17:19.720 --> 01:17:23.800 into that discussion what you said about an umbrella policy 1424 01:17:24.439 --> 01:17:28.800 amplifying these limits? If so, to what extent would each 1425 01:17:28.840 --> 01:17:32.279 of these light items be amplified by million dollar policy? 1426 01:17:32.840 --> 01:17:37.600 And also, is that million dollars actually divided into small 1427 01:17:37.720 --> 01:17:40.520 sub sections for each of these line items? Or can 1428 01:17:40.600 --> 01:17:44.560 I expect a million dollar amplification to each of these 1429 01:17:45.199 --> 01:17:49.239 line items within the context of a million dollar total limit? 1430 01:17:49.640 --> 01:17:50.319 That kind of makes sense. 1431 01:17:50.319 --> 01:17:51.920 You're going to have to put that question in writing. 1432 01:17:52.039 --> 01:17:55.560 I'm spreadsheet to answer all that. We're going to go 1433 01:17:55.600 --> 01:17:59.119 to a break here right now, we'll address Dimitri's declaration 1434 01:17:59.239 --> 01:18:02.359 sheet and and we'll sum it up in a much 1435 01:18:02.439 --> 01:18:04.680 more concise question right after this break. 1436 01:18:04.720 --> 01:18:14.159 Hang on, guys, go with a sure thing Denver's Best 1437 01:18:14.279 --> 01:18:17.119 roofer Excel roofing dot com. You don't pay a cent 1438 01:18:17.359 --> 01:18:23.359 until you're content, wait time for an insurance checkup free 1439 01:18:23.479 --> 01:18:27.199 no obligation. In comparison, call compass insurance paying too much 1440 01:18:27.359 --> 01:18:30.239 your coverage at dozens of insurance companies find out now 1441 01:18:30.359 --> 01:18:32.640 three all three seven to seven to one help. You'll 1442 01:18:32.680 --> 01:18:35.399 think you're his only customer when you choose Frank durand 1443 01:18:35.439 --> 01:18:37.840 the real estate man dot Com to list your home 1444 01:18:38.079 --> 01:18:41.239 with Remax Alliance three all three nine two zero sixteen 1445 01:18:41.319 --> 01:18:41.800 twenty two. 1446 01:18:52.239 --> 01:18:54.199 All right, all right, all right, all right, good afternoon. 1447 01:18:54.239 --> 01:18:57.640 John Fuller back with the Troubleshooter Network. We are trucking 1448 01:18:57.720 --> 01:19:01.000 along here. We are here to help you solve your problems. 1449 01:19:01.000 --> 01:19:03.319 We've got a couple open lines here. We'd appreciate your call. 1450 01:19:03.399 --> 01:19:06.199 The numbers three or three seven one, three eight two 1451 01:19:06.439 --> 01:19:10.239 five five. We are here to help you, not just 1452 01:19:10.359 --> 01:19:14.439 with insurance issues. That is a rare opportunity to have two, 1453 01:19:15.199 --> 01:19:17.319 you know, people that are kind of on opposite ends 1454 01:19:17.359 --> 01:19:21.319 of the insurance world. One selling and one really using 1455 01:19:22.840 --> 01:19:26.680 what people have bought to its intended use. When you 1456 01:19:26.840 --> 01:19:29.279 have accidents and we have people that are that are 1457 01:19:29.359 --> 01:19:32.199 injured and making claims and stuff, and so you know, 1458 01:19:32.439 --> 01:19:34.680 many times I have cases where I wish the people 1459 01:19:34.760 --> 01:19:37.560 had bought new are not new, but different or more 1460 01:19:37.680 --> 01:19:42.800 insurance or better insurance coverage. And then we're talking here 1461 01:19:42.840 --> 01:19:45.079 with Dan Mahoney, who's on the other end of it, 1462 01:19:45.199 --> 01:19:48.920 as the person as frequently recommending to people that they 1463 01:19:49.039 --> 01:19:55.319 buy different coverage and probably many times is perceived as 1464 01:19:55.800 --> 01:19:59.239 you know, doom and gloom and talking about risk of 1465 01:19:59.319 --> 01:20:01.960 things that never happened. But they do and I make 1466 01:20:02.079 --> 01:20:06.479 John's dreams come true. Absolutely. We we like Dan, you know, 1467 01:20:08.640 --> 01:20:11.000 so you know, we've we've covered a lot of subjects today. 1468 01:20:11.039 --> 01:20:13.239 We'd like to hear from you. So if you have, 1469 01:20:14.159 --> 01:20:16.159 you know, if you're one of these that says I 1470 01:20:16.279 --> 01:20:18.920 have great coverage and I don't need fill in the blank, 1471 01:20:19.000 --> 01:20:21.640 I don't need uninsured, I don't need medpay, I don't 1472 01:20:21.720 --> 01:20:25.199 need whatever the case may be, I want to hear 1473 01:20:25.279 --> 01:20:28.399 from you because not to not to belittle you or anything, 1474 01:20:28.479 --> 01:20:32.399 but just it's a valid, you know, perspective that many 1475 01:20:32.479 --> 01:20:35.560 people have, and we're here to talk about the effects 1476 01:20:35.680 --> 01:20:39.479 that that decision has in the event that something happens. 1477 01:20:39.600 --> 01:20:41.960 And the worst thing in the world is to think 1478 01:20:42.039 --> 01:20:44.880 you have great coverage and then find out that you 1479 01:20:45.039 --> 01:20:48.079 really don't, or that you you know, you you didn't 1480 01:20:48.079 --> 01:20:51.000 get a particular coverage because you thought it did something else, 1481 01:20:51.159 --> 01:20:54.760 or you know, in my practice, I've had so many 1482 01:20:54.800 --> 01:20:57.920 people come in and sit in my conference room after 1483 01:20:58.000 --> 01:21:00.319 their you know, their loved one is injury and then 1484 01:21:00.399 --> 01:21:03.039 the hospital or something, and they're like, god, you know, 1485 01:21:03.079 --> 01:21:05.760 I got great insurance, you know, and it's like I 1486 01:21:05.840 --> 01:21:08.119 got an umbrella. I got a million dollar umbrell. I 1487 01:21:08.199 --> 01:21:11.800 got coverage like crazy. And you have to tell that person, look, 1488 01:21:13.079 --> 01:21:17.560 that million dollars is liability only, and it's great if 1489 01:21:17.640 --> 01:21:20.319 you happen to cause the accident, but it does zero 1490 01:21:20.640 --> 01:21:24.239 for you if you weren't at fault and the other 1491 01:21:24.359 --> 01:21:28.359 person doesn't have great insurance. And so you know, that 1492 01:21:28.640 --> 01:21:33.840 conversation I personally had with clients, I bet fifty times 1493 01:21:33.920 --> 01:21:37.359 over the years that I've been doing this, and it's 1494 01:21:37.399 --> 01:21:40.119 a very real thing. And it's never, you know, it's 1495 01:21:40.399 --> 01:21:43.920 it's just never a case where people say, you know, man, 1496 01:21:43.960 --> 01:21:46.680 I wish I didn't buy all that insurance because it's 1497 01:21:46.920 --> 01:21:49.000 you know, what a waste that was. It's always the 1498 01:21:49.119 --> 01:21:52.199 case that more is better, and it it helps people 1499 01:21:52.279 --> 01:21:56.119 get made whole a lot better. So we were talking 1500 01:21:56.159 --> 01:21:59.439 about medpay and some other stuff, and Dmitri brought up 1501 01:22:00.159 --> 01:22:04.479 ninety four part question with sixteen subparts and everything else, 1502 01:22:04.960 --> 01:22:07.600 but it kind of boiled down to having Dan look 1503 01:22:07.720 --> 01:22:11.760 over and discuss the limits that Dimitri had on his 1504 01:22:12.199 --> 01:22:16.359 own personal insurance policy, his real live declarations page, and 1505 01:22:16.560 --> 01:22:19.119 to not only talk about the level of coverages that 1506 01:22:19.239 --> 01:22:24.640 he has, but whether or not the you know, his 1507 01:22:24.960 --> 01:22:28.479 coverage profile, if you would, would be enhanced, or you know, 1508 01:22:28.560 --> 01:22:31.079 what would the addition of an umbrella do to your 1509 01:22:31.159 --> 01:22:33.399 overall analysis. So with that, I'm going to kind of 1510 01:22:33.439 --> 01:22:37.680 turn it over and let you analyze all ninety four 1511 01:22:37.720 --> 01:22:39.039 parts of the question. 1512 01:22:39.760 --> 01:22:43.000 That's like a college these Good luck with that, so 1513 01:22:43.880 --> 01:22:46.840 real quick, let's put a couple of definitions around these things. 1514 01:22:46.920 --> 01:22:51.039 So a declaration page is a ten dollars word for 1515 01:22:51.199 --> 01:22:54.079 basically your policy summary. Usually it's one to two pages. 1516 01:22:54.399 --> 01:22:56.680 Anything that actually has a dollar amount that you're paying, 1517 01:22:56.960 --> 01:22:59.680 that's usually your declaration page. So don't be afraid of 1518 01:22:59.760 --> 01:23:01.279 it when you go to look at it, because I 1519 01:23:01.319 --> 01:23:03.720 know that your policy is like ninety some pages. You're 1520 01:23:03.760 --> 01:23:05.680 just looking for the ones that actually have dollar mats 1521 01:23:05.680 --> 01:23:08.000 that are charging you. That's going to give you your summary. 1522 01:23:09.359 --> 01:23:10.840 The second thing to keep in mind to you with 1523 01:23:10.920 --> 01:23:14.520 insurance insurance, you know John just said the word make 1524 01:23:14.560 --> 01:23:18.520 you whole insurance is really a transfer of risk. 1525 01:23:18.880 --> 01:23:21.239 That's that's all it is. It's a transfer risk. So 1526 01:23:21.479 --> 01:23:23.479 if it's your house, your car, something you. 1527 01:23:23.520 --> 01:23:26.119 Have a value, you go to insurance company you say, hey, 1528 01:23:26.119 --> 01:23:28.439 i've got this thing, it's worth something. I want protection 1529 01:23:28.520 --> 01:23:31.119 in case something happens. They say, okay, for this amount 1530 01:23:31.119 --> 01:23:33.239 of money, we'll protect that. We'll take that risk. So 1531 01:23:33.279 --> 01:23:37.960 we're transferring risk. So as we look at Dimitri's deck pages, again, 1532 01:23:38.039 --> 01:23:42.279 this is just the summary, and this is a carrier 1533 01:23:42.319 --> 01:23:44.520 I don't work with, so I don't know all the 1534 01:23:44.600 --> 01:23:46.760 ins and outs, but I can talk generally about where 1535 01:23:46.800 --> 01:23:48.920 he's at and what we can do with this. So 1536 01:23:49.119 --> 01:23:51.520 we start off first with bodily injury limits. This is 1537 01:23:51.560 --> 01:23:54.239 the one that usually is listed by number, slash number, 1538 01:23:54.319 --> 01:23:57.560 slash number, in this case two hundred and fifty thousand, 1539 01:23:57.680 --> 01:23:59.479 five hundred thousand, one hundred thousand. 1540 01:24:00.199 --> 01:24:02.479 What's that saying is that outbound I have two. 1541 01:24:02.439 --> 01:24:05.079 Hundred and fifty thousand dollars of coverage towards anyone that 1542 01:24:05.159 --> 01:24:09.039 I injure or cause issues for. In an accent, I 1543 01:24:09.079 --> 01:24:12.600 have five hundred thousand dollars aggregate. Aggregate just means it's 1544 01:24:12.640 --> 01:24:14.960 a pool. You can use it any way you want. 1545 01:24:15.079 --> 01:24:17.680 You just cannot exceed two hundred fifty thousand per person 1546 01:24:17.840 --> 01:24:19.720 or five hundred thousand total for the accent. 1547 01:24:19.920 --> 01:24:21.720 And what does the word outbound mean? 1548 01:24:23.039 --> 01:24:25.920 I use outbound to oversimplify it, but basically, if you 1549 01:24:26.039 --> 01:24:27.279 cause an accent, you're at fault. 1550 01:24:27.520 --> 01:24:29.359 You injure someone else. This is where it's coming on. 1551 01:24:29.479 --> 01:24:34.159 So it's money that's available to help pay for damages 1552 01:24:34.199 --> 01:24:37.960 that you caused in a potential accent. Correct exactly, it's 1553 01:24:38.039 --> 01:24:39.399 for that party that you damaged. 1554 01:24:40.319 --> 01:24:43.079 So the two fifty five hundred again five hundreds combined 1555 01:24:43.239 --> 01:24:45.039 or I'm sorry, it's an aggregate. So if you have 1556 01:24:45.119 --> 01:24:48.079 five people one hundred thousand each, you're great. Two people 1557 01:24:48.239 --> 01:24:51.279 at two fifty each, you're great in this scenario. Now 1558 01:24:51.600 --> 01:24:53.199 you got ten people in there and they all have 1559 01:24:53.239 --> 01:24:57.439 one hundred thousand, your policies, it's not gonna sacon. Next 1560 01:24:57.520 --> 01:25:01.199 line after that you're going into is the property damage 1561 01:25:01.319 --> 01:25:03.640 is just one hundred thousand dollars. I just saw a 1562 01:25:03.720 --> 01:25:06.119 report the other day is an average new car is 1563 01:25:06.159 --> 01:25:10.159 something like forty So if you have state minimums, you're 1564 01:25:10.159 --> 01:25:12.640 already you already missed the boat. I mean, if you 1565 01:25:12.720 --> 01:25:15.199 toldal someone's car, you're you're totally in bad shape. 1566 01:25:15.239 --> 01:25:19.399 There is that liability coverage also part of the property 1567 01:25:19.520 --> 01:25:20.960 damage coverage. 1568 01:25:21.159 --> 01:25:23.520 Yeah, that that last number is gonna be the property 1569 01:25:23.640 --> 01:25:24.560 damage portion of it. 1570 01:25:26.000 --> 01:25:31.680 The liability amount is intact without any regard to what's 1571 01:25:31.720 --> 01:25:34.039 done on property. There's no way you could exhaust the 1572 01:25:34.119 --> 01:25:37.680 liability by taking care of a really expensive property claim. Correct, 1573 01:25:37.720 --> 01:25:37.960 It's a. 1574 01:25:37.960 --> 01:25:40.560 Separate line item, separate coverage that's on there. 1575 01:25:42.640 --> 01:25:43.439 Rolling through the policy. 1576 01:25:43.479 --> 01:25:46.239 You also have twenty five thousand dollars in medpay typically 1577 01:25:46.399 --> 01:25:48.880 that's about the most I'll see a carry offer. We 1578 01:25:49.079 --> 01:25:52.279 just got done talking about that. Medpay really helps kind 1579 01:25:52.319 --> 01:25:54.920 of close that gap between your first dollar of care 1580 01:25:55.039 --> 01:25:59.119 until your other care kicks in, whether it's Medicare or 1581 01:25:59.199 --> 01:26:01.560 you're you're awesome insurance policy or whatever it is that 1582 01:26:01.680 --> 01:26:03.359 you have in your back pocket that you think is 1583 01:26:03.439 --> 01:26:05.439 going to jump in. Also helps out if you have 1584 01:26:05.479 --> 01:26:07.199 a passingers you're in your car who may not have 1585 01:26:07.359 --> 01:26:12.319 insurance or good insurance. Deductibles are deductibles. Again, I'm going 1586 01:26:12.399 --> 01:26:16.479 to simplify this comprehensive. Basically, I just say it's like 1587 01:26:16.479 --> 01:26:19.079 an active guy. Something happens, your car, tree falls on 1588 01:26:19.159 --> 01:26:22.479 and hail hits it. This is where comprehensive. Is you 1589 01:26:22.600 --> 01:26:27.000 pay a certain amount, they pay the rest. Collision. Again, 1590 01:26:27.079 --> 01:26:30.439 to oversimplify it, I say, this is what comes to play. 1591 01:26:30.439 --> 01:26:33.199 If you're at fault and you hit something else, now 1592 01:26:33.720 --> 01:26:37.760 the collision. If I damage your car, Dmitry an accident, 1593 01:26:37.760 --> 01:26:41.119 I'm at fault, my coverage actually starts at your very 1594 01:26:41.159 --> 01:26:44.399 first penny, So there's no deductible experience for me or you. 1595 01:26:44.960 --> 01:26:47.720 My coverage automatically starts at the first penny. Now my 1596 01:26:48.119 --> 01:26:50.880 deductible for my car that I hit you with. Now, 1597 01:26:50.960 --> 01:26:52.560 in this case, I have to pay the first thousand, 1598 01:26:52.560 --> 01:26:53.800 they're going to pay the rest. 1599 01:26:55.199 --> 01:26:57.079 So let me interrupt right there, we're going to go 1600 01:26:57.159 --> 01:26:58.720 to a real quick break, and we're going to come 1601 01:26:58.800 --> 01:27:02.119 back and get a little deeper into We've actually got 1602 01:27:02.159 --> 01:27:04.119 a caller with a question on insurance that will take 1603 01:27:04.239 --> 01:27:06.560 right after this break, and then we're going to get 1604 01:27:06.600 --> 01:27:10.600 into some of the more nuanced coverage like uninsured motorists 1605 01:27:10.640 --> 01:27:13.640 and how that differs from liability coverage. Okay, we'll be 1606 01:27:13.760 --> 01:27:14.119 right back. 1607 01:27:20.079 --> 01:27:23.319 Go with a sure thing Denver's Best roofer Excel roofing 1608 01:27:23.439 --> 01:27:23.840 dot com. 1609 01:27:24.039 --> 01:27:27.319 You don't pay a cent until you're content than. 1610 01:27:29.439 --> 01:27:32.960 Time for an insurance checkup free, no obligation comparison call 1611 01:27:33.119 --> 01:27:36.359 Compass insurance paying too much your coverage at dozens of 1612 01:27:36.439 --> 01:27:39.119 insurance companies find out now three all three seven to 1613 01:27:39.159 --> 01:27:41.960 seven to one help. You'll think you're his only customer 1614 01:27:42.000 --> 01:27:44.199 when you choose Frank durand the real estate Man dot 1615 01:27:44.279 --> 01:27:47.600 com to list your home with Remax Alliance three oh 1616 01:27:47.640 --> 01:27:49.560 three nine two zero sixteen twenty two. 1617 01:28:01.279 --> 01:28:04.880 Good afternoon, John Fuller here on the Troubleshooter Network. We 1618 01:28:05.079 --> 01:28:09.840 are talking about all things insurance this afternoon with me 1619 01:28:09.920 --> 01:28:12.159 as a guest. Here in the studio is Dan Mahoney. 1620 01:28:12.239 --> 01:28:15.159 He is the principal of the Insurance Group of Denver. 1621 01:28:15.359 --> 01:28:18.119 You can contact Dan at seven two oh four to 1622 01:28:18.159 --> 01:28:22.199 three six one nine zero after the show with all 1623 01:28:22.239 --> 01:28:25.439 of your insurance needs. But he's here in the studio 1624 01:28:25.479 --> 01:28:27.479 and we're answering questions. We're going to go to the 1625 01:28:27.640 --> 01:28:30.760 lines here if you have a question about insurance, if 1626 01:28:30.760 --> 01:28:32.479 you have a question about coverage, if you have a 1627 01:28:32.560 --> 01:28:36.960 question about claims, property accidents, anything to do with insurance, 1628 01:28:37.000 --> 01:28:39.359 by all means, pick up the phone the number seven 1629 01:28:39.399 --> 01:28:41.520 one three eight two five five. That's area code three 1630 01:28:41.600 --> 01:28:44.279 oh three seven one three eight two five five. We're 1631 01:28:44.279 --> 01:28:46.119 going to go right to the phones here. Tim, you 1632 01:28:46.319 --> 01:28:48.800 have a question about auto insurance. What's going on? Tim? 1633 01:28:50.159 --> 01:28:52.840 Yeah, guys, thanks for taking my call or a very 1634 01:28:52.920 --> 01:28:58.399 informative show. So I need your take on my situation 1635 01:29:01.000 --> 01:29:04.039 two thousand and nine. I buy a new vehicle. I 1636 01:29:04.239 --> 01:29:09.239 finance it, full coverage on it. It's been paid off 1637 01:29:09.399 --> 01:29:10.039 for years. 1638 01:29:10.560 --> 01:29:12.680 Okay, the the. 1639 01:29:14.279 --> 01:29:18.079 Value of it right now with the age and mileage 1640 01:29:18.199 --> 01:29:22.960 is probably less than two thousand dollars. I'm still carrying 1641 01:29:23.039 --> 01:29:27.000 full coverage on it. What should I do? Should I 1642 01:29:27.159 --> 01:29:30.119 just go to a straight liability with maybe an umbrella 1643 01:29:30.239 --> 01:29:32.680 policy or what would be your suggestion? 1644 01:29:33.119 --> 01:29:35.600 Okay, well, yeh, I'll let you address that. 1645 01:29:35.760 --> 01:29:38.399 And then when we're talking about liability only, I always 1646 01:29:38.399 --> 01:29:41.680 ask people what their pain threshold is. Basically, how much 1647 01:29:41.760 --> 01:29:44.680 money can you afford to lose if someone came and 1648 01:29:44.760 --> 01:29:46.239 stole that car in the middle of the I caught 1649 01:29:46.279 --> 01:29:47.439 on fire, tree, fell on. 1650 01:29:47.520 --> 01:29:48.880 It, etc. 1651 01:29:49.560 --> 01:29:52.319 So, if the value of that vehicle is within your 1652 01:29:52.399 --> 01:29:55.479 pain threshold and you don't mind self insuring if you 1653 01:29:55.520 --> 01:29:58.439 will for that, I don't think there's a problem at all. 1654 01:30:00.920 --> 01:30:04.920 The one of the things that you should consider is 1655 01:30:05.000 --> 01:30:07.600 that ask your agent to give you. 1656 01:30:09.560 --> 01:30:10.199 A look at the. 1657 01:30:10.720 --> 01:30:14.279 Cost of both sides, because sometimes older cars also are 1658 01:30:14.479 --> 01:30:18.119 really inexpensive doing sure. So if you're only saving eighty bucks, 1659 01:30:19.199 --> 01:30:21.079 I think I would rather pay the eighty bucks than 1660 01:30:21.119 --> 01:30:23.279 hold on to the three grand, because you don't know 1661 01:30:23.359 --> 01:30:25.159 when somebody is going to steal your car. 1662 01:30:25.359 --> 01:30:28.680 Yeah or something, Tim, do you have other cars on 1663 01:30:28.760 --> 01:30:29.600 the same policy. 1664 01:30:30.479 --> 01:30:33.039 No, I've just got the one vehicle and that's it. 1665 01:30:33.279 --> 01:30:36.680 Okay. Yeah, yeah, So, and I. 1666 01:30:36.800 --> 01:30:40.880 Drive very little. You know, I'm a old guy, so 1667 01:30:41.159 --> 01:30:42.800 I don't get out on the road much. 1668 01:30:43.520 --> 01:30:43.720 Yeah. 1669 01:30:44.119 --> 01:30:45.760 If you're a guy who saves money, you got plenty 1670 01:30:45.760 --> 01:30:48.119 of money in the bank. You're willing to take the risk. 1671 01:30:48.720 --> 01:30:49.479 I think it's fine. 1672 01:30:50.119 --> 01:30:53.079 Yeah, okay, But the main thing is, maybe compare the 1673 01:30:53.199 --> 01:30:57.000 costs between going straight liuability with the umbrellas versus what 1674 01:30:57.119 --> 01:30:57.800 I'm paying now. 1675 01:30:58.119 --> 01:31:02.479 You might be surprised at the difference. I was going 1676 01:31:02.520 --> 01:31:05.800 to say, it may just be so insignificant that you'd 1677 01:31:05.840 --> 01:31:09.399 want to just keep the full coverage. The real important thing, 1678 01:31:09.439 --> 01:31:11.920 which I'm glad that you're doing, is that your liability 1679 01:31:12.000 --> 01:31:15.479 limits are enough to even qualify to get an umbrella policy, 1680 01:31:15.560 --> 01:31:18.359 which for most carriers, I think is usually around the 1681 01:31:18.399 --> 01:31:21.000 two point fifty mark. And then and then you have 1682 01:31:21.119 --> 01:31:22.920 that umbrella above, so you're not going to be in 1683 01:31:23.000 --> 01:31:27.159 that position like the listener that we were talking about earlier, 1684 01:31:27.279 --> 01:31:30.880 where you know, God forbid something happens. It's you know, 1685 01:31:31.000 --> 01:31:34.399 the value of the vehicle is is nothing compared to 1686 01:31:34.520 --> 01:31:37.840 the overall potential issue that you could have, you know, 1687 01:31:38.000 --> 01:31:39.439 following that accident. 1688 01:31:39.199 --> 01:31:42.199 So you know, on the hook for In other words, that's. 1689 01:31:42.119 --> 01:31:45.560 Exactly right, sir, You're exactly right. Hey, thanks for the question, Tim, 1690 01:31:45.600 --> 01:31:46.680 appreciate the call today. 1691 01:31:46.800 --> 01:31:48.119 I appreciate it. 1692 01:31:48.399 --> 01:31:51.680 Yeah, you're back, appreciate it. We're going to go next 1693 01:31:51.760 --> 01:31:54.840 to Oscar, who has another question about auto insurance. What's 1694 01:31:54.920 --> 01:31:55.720 going on? Oscar? 1695 01:31:57.239 --> 01:32:04.039 Oh, similar to the gentleman is talked to you. I 1696 01:32:04.159 --> 01:32:09.920 have a two thousand and three oh watches see four 1697 01:32:09.960 --> 01:32:15.760 point thirty s Nick Lexus. However, I have some coverage, 1698 01:32:16.359 --> 01:32:24.760 but I have another power similar and I'd pay about 1699 01:32:25.119 --> 01:32:32.279 twenty eight hundred dollars a year for both of them. Boxes. 1700 01:32:35.800 --> 01:32:38.560 Hey, hey, Oscar, we're going to put you on hope 1701 01:32:38.600 --> 01:32:41.479 for just a second. We're having a hard time understanding 1702 01:32:41.479 --> 01:32:44.119 of their phone is very garbled. If you can try 1703 01:32:44.199 --> 01:32:46.039 to stand on one leg or go to a different 1704 01:32:46.039 --> 01:32:47.600 part of the house, we'll come right back to you 1705 01:32:47.720 --> 01:32:50.279 in just a second. We just can't hear what the 1706 01:32:50.399 --> 01:32:52.399 issue is, so we're going to go next to Tom, 1707 01:32:52.439 --> 01:32:55.399 who has a question about motorcycle insurance, and Oscar will 1708 01:32:55.439 --> 01:32:57.880 try to come right back to you in just a minute. Tom, 1709 01:32:57.920 --> 01:32:59.479 what's going on, Hey. 1710 01:32:59.399 --> 01:33:01.920 Gentlemen, show really appreciate your information. 1711 01:33:02.199 --> 01:33:02.439 Thank you. 1712 01:33:04.359 --> 01:33:07.359 I wrote Harley's still do, but. 1713 01:33:07.479 --> 01:33:12.039 Not as much in the nineties and insurance back then, 1714 01:33:12.119 --> 01:33:16.439 I had supplement to my employer, which was AFLAC, and 1715 01:33:16.760 --> 01:33:22.640 also PIP to the insurer. Then I got ran over 1716 01:33:22.720 --> 01:33:26.039 in two thousand and then those really helped contribute to 1717 01:33:27.119 --> 01:33:30.760 my medical bills. I don't know if PIP or AFLICK 1718 01:33:30.800 --> 01:33:34.000 are still in the picture for motorcycle riders. 1719 01:33:34.239 --> 01:33:36.840 PIP has gone well. PIP was part of that no 1720 01:33:37.000 --> 01:33:39.760 fault that we voted out about twenty years ago. That 1721 01:33:39.920 --> 01:33:42.720 was called personal Injury Protection. That's what PIP stood for, 1722 01:33:43.359 --> 01:33:46.039 and that was the mechanism on your policy. And it 1723 01:33:46.119 --> 01:33:50.359 was particularly, you know, really unique on auto policies or 1724 01:33:50.439 --> 01:33:53.800 on motorcycle policies because many of the carriers wouldn't offer 1725 01:33:53.920 --> 01:33:57.079 PIP for motorcycle riders. So there were a couple out 1726 01:33:57.119 --> 01:33:59.279 there that did, and you were lucky enough to have one. 1727 01:33:59.399 --> 01:34:02.720 But we don't have PIP anymore now. Was your a 1728 01:34:02.840 --> 01:34:06.279 flag that's like a supplemental disability type policy? 1729 01:34:06.319 --> 01:34:09.319 And that was through my employer? Okay, I work at 1730 01:34:09.319 --> 01:34:12.920 a hospital, so I heard lots of stories doctors hanging 1731 01:34:12.960 --> 01:34:15.399 out in the er that they knew I ride, and 1732 01:34:15.760 --> 01:34:16.680 they told me. 1733 01:34:16.720 --> 01:34:17.600 That's what I should get. 1734 01:34:18.199 --> 01:34:20.880 Luckily I did because I did end up getting hit 1735 01:34:21.000 --> 01:34:21.680 by a drunk driver. 1736 01:34:22.920 --> 01:34:26.159 Gotcha cool? So what is your question today? Are you 1737 01:34:26.279 --> 01:34:29.000 looking for what the right coverage is writers? 1738 01:34:29.119 --> 01:34:33.760 Is there something they can do for is it supplementary or. 1739 01:34:35.560 --> 01:34:35.720 DAN? 1740 01:34:35.800 --> 01:34:36.920 What do you do with your protection? 1741 01:34:37.159 --> 01:34:40.640 Yeah, the supplemental you would still buy through your provider 1742 01:34:40.920 --> 01:34:41.399 or your. 1743 01:34:42.840 --> 01:34:43.319 Employer. 1744 01:34:44.439 --> 01:34:47.079 But this also kind of ties back to medpay, so 1745 01:34:47.239 --> 01:34:49.960 you can also, you know, ramp up your medpay to 1746 01:34:50.520 --> 01:34:54.239 twenty five grand. It's it's not a duplicati affleck goes 1747 01:34:54.239 --> 01:34:57.000 a little bit further, but it will give you a 1748 01:34:57.079 --> 01:34:59.119 lot more latitude in your care and treatment. 1749 01:34:59.439 --> 01:35:02.479 So what about using specific to a motorcycle rider? Because 1750 01:35:03.359 --> 01:35:06.359 when I went through my accident, Roy Romer had put 1751 01:35:06.399 --> 01:35:10.760 a tort in the law, and with my settlement, the 1752 01:35:10.880 --> 01:35:17.319 hospital ended up being able to take out how much 1753 01:35:17.479 --> 01:35:20.039 they I incurred while I was there out of my settlement. 1754 01:35:21.920 --> 01:35:27.119 So that's a little They took out the amount of 1755 01:35:27.119 --> 01:35:29.359 the claim for the supplemental on your settlement. 1756 01:35:29.560 --> 01:35:31.760 No, no, for the hospital bills that I incurred. 1757 01:35:31.960 --> 01:35:35.760 Yeah, so that's actually exactly how it works. So and 1758 01:35:35.880 --> 01:35:37.640 that goes back to what I was talking about earlier. 1759 01:35:37.720 --> 01:35:41.640 When you incur bills as a result of an accident, 1760 01:35:41.760 --> 01:35:46.439 those are actually your bills. They are your responsibility. There's 1761 01:35:46.560 --> 01:35:48.800 no mechanism to just give them the name of the 1762 01:35:48.880 --> 01:35:51.840 AFOL party and all of a sudden have them build 1763 01:35:51.920 --> 01:35:55.239 that guy because he caused the accident. There's still your bills. 1764 01:35:55.920 --> 01:36:00.159 It's just that those bills constitute the damages that you 1765 01:36:00.279 --> 01:36:03.239 have the right to go after the at fault party for. 1766 01:36:04.479 --> 01:36:07.239 And a lot of people don't don't understand that. They 1767 01:36:07.680 --> 01:36:10.960 think and even hospitals kind of lead them to believe that, oh, yeah, 1768 01:36:11.000 --> 01:36:13.239 we'll just build the we'll just build the at fault 1769 01:36:13.680 --> 01:36:16.319 insurance company. Oh that's progressive. We'll send a bill to them. 1770 01:36:16.680 --> 01:36:19.760 Those bills never get paid, and so a smarter way 1771 01:36:19.840 --> 01:36:23.119 to happen are to handle your cases or just to 1772 01:36:23.279 --> 01:36:25.800 understand that up front and know that the better way 1773 01:36:26.439 --> 01:36:29.199 is to use every type of insurance that you have, 1774 01:36:29.880 --> 01:36:33.000 be it medical payments, coverage, be it your own private 1775 01:36:33.079 --> 01:36:37.600 health insurance, be it Medicare, Medicaid, your afflex, every single 1776 01:36:37.680 --> 01:36:40.520 thing that you have that covers you. You want to 1777 01:36:40.600 --> 01:36:45.279 deploy that in order to get the personal financial impact 1778 01:36:45.359 --> 01:36:48.479 of that accident down as low as possible for you. 1779 01:36:49.239 --> 01:36:51.239 And then at the end of the day, we'll go 1780 01:36:51.399 --> 01:36:54.479 after the at fault driver for the totality of your damage. 1781 01:36:55.000 --> 01:36:57.600 But those two are completely separate numbers. If you're able 1782 01:36:57.680 --> 01:37:00.520 to get the out of pocket on your down to 1783 01:37:00.680 --> 01:37:03.319 next to nothing, that doesn't mean that your damages are 1784 01:37:03.359 --> 01:37:06.079 any lower for the guy that caused all of the 1785 01:37:06.239 --> 01:37:09.119 need for that medical treatment and all of those bills 1786 01:37:09.159 --> 01:37:09.920 in the first place. 1787 01:37:10.159 --> 01:37:12.119 Does that make sense, Yeah, it does. 1788 01:37:12.279 --> 01:37:14.920 And I think I misspoke because I did get a 1789 01:37:15.000 --> 01:37:18.880 settlement from the other driver, okay, and the hospital took 1790 01:37:19.000 --> 01:37:20.640 the money off the top. 1791 01:37:20.479 --> 01:37:22.439 Of that settlement, yes, sir, Yes. 1792 01:37:22.359 --> 01:37:24.840 So it's like they double dip. They got the insurance 1793 01:37:24.960 --> 01:37:27.359 and they got my settlement money. 1794 01:37:27.399 --> 01:37:31.760 Also, Yeah, that can actually happen. And you know, the 1795 01:37:31.880 --> 01:37:36.600 only benefit of that arrangement is if you use your 1796 01:37:36.680 --> 01:37:39.239 private health insurance and it gives you the ability to 1797 01:37:39.479 --> 01:37:43.199 reprice the medicals down to a lower contract amount, then 1798 01:37:43.279 --> 01:37:47.159 the actual expense of that medical treatment to you is 1799 01:37:47.479 --> 01:37:49.680 quite a bit lower than what the expense is going 1800 01:37:49.760 --> 01:37:51.640 to be to the at fault guy that we're going 1801 01:37:51.680 --> 01:37:52.880 after for your damages. 1802 01:37:53.399 --> 01:37:54.159 Okay, So is that. 1803 01:37:54.319 --> 01:37:58.640 Still a law that they can come after a motorcycles 1804 01:37:59.319 --> 01:38:03.600 if it's they get a settlement for their injury accident injury. 1805 01:38:03.800 --> 01:38:07.239 It's not just get money. Yeah, it's not just motorcycles there, Tom, 1806 01:38:07.319 --> 01:38:10.199 it's it's everybody. Those health insurance companies have a right 1807 01:38:10.279 --> 01:38:13.840 to get repaid whenever they use that. So that's a 1808 01:38:13.960 --> 01:38:16.680 great topic. We're going to come back and visit about 1809 01:38:16.760 --> 01:38:20.239 sebrogation and how that actually works. We'll touch on that 1810 01:38:20.359 --> 01:38:21.680 in just a moment. We got to run to a 1811 01:38:21.720 --> 01:38:24.039 break right now, Tom, thank you for the call. We've 1812 01:38:24.079 --> 01:38:26.399 got Oscar still waiting, hopefully he's got his phone worked 1813 01:38:26.439 --> 01:38:27.880 out and Dave on the line. We'll get to in 1814 01:38:28.000 --> 01:38:35.760 just a moment. Hangk ty, guys, go with a sure thing. 1815 01:38:35.920 --> 01:38:39.239 Denver's best roofer excel roofing dot com. You don't pay 1816 01:38:39.279 --> 01:38:45.359 a cent until you're content time for an insurance check 1817 01:38:45.439 --> 01:38:49.279 up free, no obligation. In comparison, call Compass Insurance paying 1818 01:38:49.319 --> 01:38:52.359 too much your coverage at dozens of insurance companies find 1819 01:38:52.399 --> 01:38:54.720 out now three O three seven seven to one help. 1820 01:38:54.920 --> 01:38:57.560 You'll think you're his only customer when you choose Frank 1821 01:38:57.640 --> 01:38:59.880 durand the real estate Man dot com to list your 1822 01:39:00.119 --> 01:39:03.199 home with Remax Alliance three all three nine two zero 1823 01:39:03.359 --> 01:39:04.359 sixteen twenty. 1824 01:39:04.159 --> 01:39:22.920 Two for here for the Troubleshooter Network. We are rapidly 1825 01:39:23.039 --> 01:39:25.520 moving through the afternoon. We are talking about all things 1826 01:39:25.600 --> 01:39:28.960 insurance today. Our guest in the studio is Dan Mahoney 1827 01:39:29.079 --> 01:39:31.840 with the Insurance Group of Denver. Dan's an independent agent, 1828 01:39:31.960 --> 01:39:34.720 so he's able to talk about I don't know how 1829 01:39:34.760 --> 01:39:36.800 many lines do you guys write for, like thirty different 1830 01:39:36.880 --> 01:39:37.520 companies or. 1831 01:39:38.039 --> 01:39:40.720 Yeah, we probably have eight to ten what we considers 1832 01:39:40.720 --> 01:39:44.960 the standard market Travelers Hartford, Safego, and then we have 1833 01:39:45.279 --> 01:39:48.039 a whole nother set back end which are called access 1834 01:39:48.079 --> 01:39:49.600 and surplus or specialty carriers. 1835 01:39:49.760 --> 01:39:54.359 Right, So I mean the advantage of an independent agent 1836 01:39:54.520 --> 01:39:59.079 versus somebody that is, you know, a single branded carrier. 1837 01:39:59.239 --> 01:40:02.000 I mean, are you often able to really put together 1838 01:40:02.239 --> 01:40:06.880 more you know, competitive packages for your your clients than 1839 01:40:07.079 --> 01:40:09.560 than those guys are Who do you think the proper 1840 01:40:10.520 --> 01:40:13.960 Let me put it differently, all right, who's your ideal client? 1841 01:40:14.119 --> 01:40:16.239 Who do you want to see coming through your doors? 1842 01:40:16.479 --> 01:40:16.600 Uh? 1843 01:40:17.119 --> 01:40:19.960 You know, auto and homeowner, somebody who wants to do 1844 01:40:20.039 --> 01:40:23.640 the right thing. Keep in mind, any income can be garnished. 1845 01:40:25.199 --> 01:40:27.800 Even if you don't have means that somebody can come 1846 01:40:27.880 --> 01:40:31.439 after you're still exposed. So we want people who want 1847 01:40:31.479 --> 01:40:33.880 to engage with us, not just somebody wants a price, 1848 01:40:33.920 --> 01:40:35.840 Because if you just want a price, you're you're never 1849 01:40:35.920 --> 01:40:37.920 going to get the right product and you're always gonna 1850 01:40:37.920 --> 01:40:41.560 be unhappy with what you bought. And then the Yeah, 1851 01:40:41.600 --> 01:40:44.319 everyone says insurance sucks and they hate it, and that's 1852 01:40:44.399 --> 01:40:46.600 wise because you're not buying what you think you're buying. 1853 01:40:46.960 --> 01:40:51.640 Sure, no, it's it's absolutely a common sentiment. Dave, you've 1854 01:40:51.680 --> 01:40:54.520 got a question on insurance. Let's uh, let's see what 1855 01:40:54.640 --> 01:40:56.399 we can do for you there, Dave, go ahead. 1856 01:40:57.359 --> 01:40:58.720 Hey, thanks for taking my call. 1857 01:40:58.880 --> 01:41:02.439 My question is I drive a company car one hundred 1858 01:41:02.439 --> 01:41:06.279 percent of the time, both for personal and for business. 1859 01:41:06.399 --> 01:41:09.800 And it's one hundred percent paid for by the company. Okay, 1860 01:41:09.800 --> 01:41:13.119 when I'm driving that at my personal time. Your discussion 1861 01:41:13.199 --> 01:41:15.840 has me wondering, like how safe I am if someone 1862 01:41:16.359 --> 01:41:17.119 is uninsured? 1863 01:41:17.199 --> 01:41:17.359 You know. 1864 01:41:18.119 --> 01:41:19.600 Oh, I was wondering if you could comment on that. 1865 01:41:20.680 --> 01:41:24.399 Yeah, if your company's commercial policy allows you for personal use, 1866 01:41:25.199 --> 01:41:28.640 that coverage should extend over. An option that you can 1867 01:41:28.720 --> 01:41:31.199 do is what they call a non owned auto policy, 1868 01:41:32.119 --> 01:41:35.159 which basically structured like an autopolicy, just no car there. 1869 01:41:35.800 --> 01:41:39.760 They're actually very cheap to buy. It's also a great 1870 01:41:40.239 --> 01:41:44.920 alternative for folks that you know, living downtown Denver where 1871 01:41:44.960 --> 01:41:47.000 you don't have a car, you're riding scooters, you're taking 1872 01:41:47.119 --> 01:41:48.640 uber as, you're driving with friends. 1873 01:41:48.920 --> 01:41:51.239 Did Dave, do you have any other cars that you 1874 01:41:51.399 --> 01:41:52.399 ensure in your household? 1875 01:41:53.720 --> 01:41:58.199 I have a motorcycle, so I have a motorcycle policy. 1876 01:41:59.039 --> 01:42:01.800 Okay, and that's say I don't want another car. 1877 01:42:01.960 --> 01:42:02.000 No. 1878 01:42:02.680 --> 01:42:04.920 So the important thing and what I was kind of 1879 01:42:04.960 --> 01:42:07.119 looking for there, is that even when you're in that 1880 01:42:07.239 --> 01:42:10.359 situation where the employer is providing you a vehicle and 1881 01:42:10.479 --> 01:42:14.079 you're authorized to drive it both personally and for the business, 1882 01:42:14.199 --> 01:42:18.720 is you know there are limits to what commercial policies 1883 01:42:18.960 --> 01:42:21.840 have for their employees, and you'd be surprised, but a 1884 01:42:21.920 --> 01:42:26.159 number of commercial policies don't really have uninsured motorists coverage. 1885 01:42:26.279 --> 01:42:30.359 They just view that coverage as being redundant because they think, well, 1886 01:42:30.399 --> 01:42:32.439 if my employee gets hurt, where comp is going to 1887 01:42:32.479 --> 01:42:35.399 cover them. But they don't really think about the circumstance 1888 01:42:35.439 --> 01:42:38.439 where the employee is not on the job but it's 1889 01:42:38.479 --> 01:42:40.600 still driving that vehicle, where it would not be a 1890 01:42:40.680 --> 01:42:44.359 comprolated coverage. And so I still think you need to 1891 01:42:44.439 --> 01:42:48.119 be thinking about uninsured motorist coverage and you know the 1892 01:42:48.239 --> 01:42:50.479 type of things that will stack on top of your 1893 01:42:50.520 --> 01:42:53.520 employer's coverage in the event that something happens and it 1894 01:42:53.600 --> 01:42:56.560 turns out that they have less than just phenomenal coverage. 1895 01:42:56.600 --> 01:42:59.239 And an owned policy is a perfect a non owned 1896 01:42:59.239 --> 01:43:01.239 policy is a perferfig way to do that. Even on 1897 01:43:01.359 --> 01:43:04.800 your your motorcycle policy, you may have the ability to 1898 01:43:04.920 --> 01:43:09.680 add that additional coverage that's not just motorcycle dependent, because 1899 01:43:09.720 --> 01:43:12.560 some carriers are a little weird about you know, medpay 1900 01:43:12.640 --> 01:43:15.920 and UM on motorcycle policies, and the law in Colorado 1901 01:43:16.000 --> 01:43:19.399 allows them to do that. But on the non owner's policy, 1902 01:43:19.600 --> 01:43:22.880 that Dan's talking about you can get you know, created 1903 01:43:22.960 --> 01:43:24.199 for not a lot of money. 1904 01:43:24.319 --> 01:43:27.560 Go with a sure thing Denver's best roofer Excel Roofing 1905 01:43:27.640 --> 01:43:30.279 dot com. You don't pay a cent until you're content. 1906 01:43:33.680 --> 01:43:36.840 Time for an insurance checkup free, no obligation. In comparison, 1907 01:43:37.000 --> 01:43:40.520 call Compass Insurance paying too much your coverage at dozens 1908 01:43:40.560 --> 01:43:43.279 of insurance companies find out now three all three seven 1909 01:43:43.399 --> 01:43:43.840 seven to one. 1910 01:43:44.000 --> 01:43:44.199 Help. 1911 01:43:44.439 --> 01:43:47.039 You'll think you're his only customer when you choose Frank 1912 01:43:47.119 --> 01:43:49.520 durand the real estate Man dot com to list your 1913 01:43:49.600 --> 01:43:52.720 home with Remax Alliance three all three nine two zero 1914 01:43:52.840 --> 01:43:53.960 sixteen twenty two. 1915 01:43:59.319 --> 01:44:08.279 With news need advice so you don't help Corn as 1916 01:44:08.359 --> 01:44:14.359 fast as we can, Shooter's gonna help, come Dix. 1917 01:44:14.680 --> 01:44:21.720 He is the Troubleshooter Show. Now Tom Martine, Hey, welcome back. 1918 01:44:21.600 --> 01:44:24.800 To the Troubleshooter Show. This is John Fuller filling in 1919 01:44:24.920 --> 01:44:28.680 for Tom Martino. I am a personal injury attorney in Denver, Colorado, 1920 01:44:29.359 --> 01:44:33.800 and have been a longtime contributor and supporter of the 1921 01:44:34.039 --> 01:44:38.560 Referral page and the Troubleshooter Page. And I'm here filling 1922 01:44:38.640 --> 01:44:41.000 in today and tomorrow and Friday. So you're gonna get 1923 01:44:41.039 --> 01:44:44.520 a whole bunch of me. But we are having a 1924 01:44:44.680 --> 01:44:47.800 great discussion today. We've got Dan Mahoney in the in 1925 01:44:47.920 --> 01:44:50.479 the studio. Dan is the owner of Insurance Group of Denver, 1926 01:44:50.640 --> 01:44:53.760 and he's an insurance agent. He's an independent insurance agent, 1927 01:44:54.479 --> 01:44:56.800 and so he's allowed us to have a whole bunch 1928 01:44:56.840 --> 01:45:00.680 of conversations from the perspective of the guy that advising 1929 01:45:00.760 --> 01:45:03.039 people on what insurance to buy and at the same 1930 01:45:03.119 --> 01:45:07.000 time me the guy that's dealing with the after effects 1931 01:45:07.039 --> 01:45:09.600 of that and how to work through claims and what's 1932 01:45:10.199 --> 01:45:12.920 really the appropriate amount of coverage and how it all works. 1933 01:45:13.000 --> 01:45:15.359 And so we've opened up the lines to your call. 1934 01:45:15.479 --> 01:45:18.560 So if you've had any issues where you're unsure about 1935 01:45:18.600 --> 01:45:21.800 your own insurance coverage, you've had a bad claims experience 1936 01:45:22.359 --> 01:45:24.600 because of the coverage that you had, or you're just 1937 01:45:24.720 --> 01:45:27.640 not sure how it all works between things like medpay 1938 01:45:27.760 --> 01:45:31.640 and liability and umbrellas and all of this stuff that 1939 01:45:31.800 --> 01:45:34.199 gets very confusing by all means, give us a call. 1940 01:45:34.680 --> 01:45:37.640 The number is three O three seven one three eight 1941 01:45:37.720 --> 01:45:40.520 two five five, and we are happy to work through 1942 01:45:40.800 --> 01:45:43.039 every one of those issues with you from both of 1943 01:45:43.079 --> 01:45:46.199 those perspectives and hopefully help answer you and a lot 1944 01:45:46.239 --> 01:45:48.920 of other listeners questions. We're going to go right to 1945 01:45:49.000 --> 01:45:51.279 the phones here. We're going to check in with Oscar. 1946 01:45:51.479 --> 01:45:54.439 Oscar was telling us about his insurance on his two 1947 01:45:54.439 --> 01:45:58.039 thousand and three Lexus and we had a little phone problem. Oscar, 1948 01:45:58.079 --> 01:46:00.840 are you still with us here for you? 1949 01:46:01.000 --> 01:46:01.479 Hear me now? 1950 01:46:01.680 --> 01:46:03.760 Yes, sir, you're coming through loud and clear. So how 1951 01:46:03.840 --> 01:46:04.840 can we help you today? 1952 01:46:06.439 --> 01:46:10.920 Well, you have a previous callers use along the lines 1953 01:46:11.239 --> 01:46:13.840 which I'm going to ask about, and that is, uh, 1954 01:46:14.840 --> 01:46:18.279 should I drop the assurance on the waxes and maintain 1955 01:46:18.439 --> 01:46:23.359 full coverage on my my seventeen mansa? 1956 01:46:25.600 --> 01:46:28.119 Is it just the value of the Lexus that has 1957 01:46:28.199 --> 01:46:29.399 you thinking about doing that? 1958 01:46:31.079 --> 01:46:39.399 Yeah, because Alan Edwins and whoever was between nine and 1959 01:46:40.680 --> 01:46:44.600 I just wonder if I should you go straight wi 1960 01:46:44.760 --> 01:46:46.760 bils here there's that issue. 1961 01:46:47.520 --> 01:46:51.359 Yeah, Dan, I think that does go right down the 1962 01:46:51.439 --> 01:46:53.800 lines of the last you know the other color about. 1963 01:46:53.560 --> 01:46:56.640 That, But it's your pain threshold and also about you know, 1964 01:46:56.760 --> 01:46:59.479 getting a quote to see if it really makes sense financially. 1965 01:47:01.239 --> 01:47:03.920 Insurance is a little unique that you know, just because 1966 01:47:03.960 --> 01:47:06.039 you do something with one car, you think it might 1967 01:47:06.119 --> 01:47:08.399 impact half of your policy if you have two cars. 1968 01:47:08.520 --> 01:47:09.880 It's not really the truth. 1969 01:47:11.039 --> 01:47:13.760 Insurance is measuring a whole bunch of different components and 1970 01:47:13.800 --> 01:47:16.720 assigning risks to that. So even if you reduce use 1971 01:47:16.760 --> 01:47:19.640 in one car, oftentimes the other car that you have 1972 01:47:19.800 --> 01:47:23.319 on there might actually increase because you're shifting risk or 1973 01:47:23.439 --> 01:47:24.840 more use to that other vehicle. 1974 01:47:25.239 --> 01:47:28.720 Would the caller be better off looking at raising deductibles 1975 01:47:28.800 --> 01:47:32.720 and stuff or maybe converting over to you know, uninsured 1976 01:47:32.800 --> 01:47:36.000 property coverage or something instead of comping collision or what 1977 01:47:36.079 --> 01:47:39.560 do you recommend there? You know, obviously keep all your 1978 01:47:39.600 --> 01:47:43.760 liability in place, and again it's just your. 1979 01:47:43.640 --> 01:47:46.880 Your pain threshold what you can afford to lose, and 1980 01:47:47.000 --> 01:47:48.960 it may not be worth taking that risk either. 1981 01:47:49.000 --> 01:47:55.760 Once you get the quotes back, Yeah, well, hey, thanks 1982 01:47:55.840 --> 01:47:57.600 for the call, Oscar. We appreciate it. We're going to 1983 01:47:57.640 --> 01:47:59.600 go next to John, who's been holding for a couple 1984 01:47:59.640 --> 01:48:01.920 of minutes. John, you have a question about auto insurance. 1985 01:48:02.000 --> 01:48:03.079 What is going on? John? 1986 01:48:03.800 --> 01:48:05.760 Good show? Guys, I tuned in light, so I don't 1987 01:48:05.760 --> 01:48:08.359 know if you've addressed this issue or not. What if 1988 01:48:08.399 --> 01:48:10.720 you got a and this is not my circumstance, but 1989 01:48:10.800 --> 01:48:13.600 I was just curious, what if you've got a nineteen 1990 01:48:13.720 --> 01:48:18.680 year old kid, girl or guy, doesn't matter whether they 1991 01:48:18.760 --> 01:48:22.119 have a driver's license or a Colorado ID, and they 1992 01:48:22.199 --> 01:48:25.720 have no car, no insurance whatsoever. And they're renting these 1993 01:48:25.760 --> 01:48:28.640 scooters going around by coors Field, this, that and whatever. 1994 01:48:29.399 --> 01:48:32.039 And they lose control of their scooter or they're on 1995 01:48:32.159 --> 01:48:35.640 their scooter and they broadside a car, do damage to 1996 01:48:35.760 --> 01:48:40.159 the car, person may be injured, whatever. How that insurance handled. 1997 01:48:40.399 --> 01:48:43.199 That's a great question. Is the nineteen year old still 1998 01:48:43.239 --> 01:48:44.840 living in your household. 1999 01:48:45.319 --> 01:48:48.880 No no kid Whenever he needs anything, he gets rides 2000 01:48:49.279 --> 01:48:51.399 from friends, that type of stuff. 2001 01:48:51.880 --> 01:48:54.720 Yeah, that's where that non owned auto policy comes and 2002 01:48:54.760 --> 01:48:58.239 play again. Right, tremendous amount of coverage on that and 2003 01:49:00.000 --> 01:49:02.560 they else that people don't think about is especially nineteen 2004 01:49:02.600 --> 01:49:04.079 year old, it's gonna be really cheap for him to 2005 01:49:04.079 --> 01:49:06.119 buy that as supposed to actually having a car in there. 2006 01:49:06.479 --> 01:49:08.319 And at some point when he goes to buy a car, 2007 01:49:08.760 --> 01:49:10.920 if he's had that policy in place for a few years, 2008 01:49:11.279 --> 01:49:13.199 when he's coming into the market, he's coming in as 2009 01:49:13.239 --> 01:49:15.680 a preferred buyer because he's had insurance in place. 2010 01:49:15.520 --> 01:49:17.560 Because there's a track record as opposed to coming in 2011 01:49:17.720 --> 01:49:18.920 as not having insurance. 2012 01:49:19.039 --> 01:49:21.920 Or uninsured, and he's probably gonna pay the difference anyway 2013 01:49:21.960 --> 01:49:22.439 by that time. 2014 01:49:22.520 --> 01:49:24.319 Yes, sir John, But guys, what if. 2015 01:49:24.239 --> 01:49:26.159 You got the nineteen year old and, like I said, 2016 01:49:26.159 --> 01:49:29.880 it's not my situation, but they just don't have insurance. 2017 01:49:29.880 --> 01:49:31.880 They can't afford it, they don't buy it, they don't 2018 01:49:31.920 --> 01:49:35.000 think they need it because they just ride scooters around 2019 01:49:35.239 --> 01:49:38.239 and then they friends give them rides to go to 2020 01:49:38.319 --> 01:49:39.640 the grocery store or whatever. 2021 01:49:39.840 --> 01:49:42.119 So is your question from the perspective of the guy's 2022 01:49:42.199 --> 01:49:43.279 car that gets hit. 2023 01:49:43.800 --> 01:49:46.560 Yes, okay, how does he get his damages? 2024 01:49:46.760 --> 01:49:49.000 Yeah, I'll tell you how he looks to his or. 2025 01:49:49.039 --> 01:49:52.520 Whether it's does that go on under the uninsured motors 2026 01:49:52.600 --> 01:49:53.079 part or what? 2027 01:49:53.479 --> 01:49:56.800 Yes, that's exactly right. That's a great question. So it's 2028 01:49:57.039 --> 01:49:59.560 just like any other accident where you're hit by somebody 2029 01:49:59.640 --> 01:50:02.319 that doesn't have insurance. You're gonna look to your medical 2030 01:50:02.359 --> 01:50:06.399 payments coverage, You're gonna look to your uninsured motorist coverage, 2031 01:50:06.560 --> 01:50:09.199 and you're gonna try to you know, you're gonna try 2032 01:50:09.279 --> 01:50:12.279 to piece together some damages there under your own policy, 2033 01:50:12.359 --> 01:50:15.880 which which you know is a crappy deal, and you're 2034 01:50:15.880 --> 01:50:19.039 gonna probably have to pay a deductible for your property 2035 01:50:19.119 --> 01:50:21.439 getting fixed to you know, to fix your car door 2036 01:50:21.520 --> 01:50:23.600 where the guy put a big dinger in it and stuff. 2037 01:50:23.680 --> 01:50:26.960 But but I mean, that's why we have insurances for people. 2038 01:50:27.039 --> 01:50:29.159 Whether it's a guy on a scooter or a guy 2039 01:50:29.279 --> 01:50:32.399 in a car that has no coverage, or somebody that 2040 01:50:32.560 --> 01:50:34.960 stole the vehicle and and there's no coverage. I mean, 2041 01:50:35.000 --> 01:50:38.439 there's a thousand circumstances where the guy that causes the 2042 01:50:38.560 --> 01:50:42.920 damage is not covered. Dimitri Okay, John, do you edicated me? 2043 01:50:43.079 --> 01:50:45.800 I think I heard this right. I have a couple 2044 01:50:45.920 --> 01:50:50.000 million dollar umbrella policy, but I don't have that under 2045 01:50:50.079 --> 01:50:52.479 the uninsured mot uninsured motors portion. 2046 01:50:52.800 --> 01:50:55.159 Yes, sir, have you have you looked into getting that? 2047 01:50:56.520 --> 01:50:56.840 What's that? 2048 01:50:57.079 --> 01:50:58.680 Have you looked into getting that extra? 2049 01:50:58.840 --> 01:50:59.079 Um? 2050 01:50:59.159 --> 01:50:59.359 Writer? 2051 01:50:59.439 --> 01:51:02.279 I think I'm gonna call my agent today after I get. 2052 01:51:02.239 --> 01:51:05.119 Off one with you guys. There's a lot of carriers. 2053 01:51:04.960 --> 01:51:08.039 Has ever offered it or even thought about it. I 2054 01:51:08.199 --> 01:51:11.000 always thought, oh, I have two million dollar unbrother policies 2055 01:51:11.079 --> 01:51:13.279 my wife and I and you know we're covered. We 2056 01:51:13.359 --> 01:51:15.880 don't have any kids in the household anymore. You are 2057 01:51:15.960 --> 01:51:18.800 not alone, and you want to pay the additional amount 2058 01:51:18.800 --> 01:51:20.960 and get it for the because what is about thirty 2059 01:51:21.000 --> 01:51:24.159 three thirty seven percent of people driving around without car insurance. 2060 01:51:24.279 --> 01:51:26.760 Yes, that's exactly right. So what you're going to find 2061 01:51:26.880 --> 01:51:29.000 out there. And Dan was just telling me that this 2062 01:51:29.159 --> 01:51:32.079 morning that a lot of the carriers now they don't 2063 01:51:32.159 --> 01:51:35.560 want to ensure that extra risk for the uninsured motors coverage. 2064 01:51:35.680 --> 01:51:38.680 But I can tell you that I would shop around 2065 01:51:38.760 --> 01:51:41.880 on that basis alone. So if my carrier didn't offer 2066 01:51:42.000 --> 01:51:44.800 that on an umbrella, I would go find a different 2067 01:51:44.880 --> 01:51:45.800 carrier that did. 2068 01:51:46.319 --> 01:51:50.159 And there's also specialty carriers that will do it, specialty carriers, 2069 01:51:50.199 --> 01:51:52.439 So just the UMBRESSI all they're really concerned about is 2070 01:51:52.520 --> 01:51:55.880 that you have the requisite amount of coverage down below 2071 01:51:56.720 --> 01:52:00.439 in order to qualify to get the umbrella above. 2072 01:52:00.520 --> 01:52:04.840 So if your carrier doesn't offer that, then I mean 2073 01:52:04.960 --> 01:52:08.479 for the amount of money, it's it's pennies to change 2074 01:52:08.560 --> 01:52:11.479 that coverage over to additional un for you and your family, 2075 01:52:11.479 --> 01:52:13.000 and I think it's well worth every penny. 2076 01:52:13.640 --> 01:52:17.000 Okay, Wow, you guys are very much, very well educated 2077 01:52:17.039 --> 01:52:17.760 and appreciated. 2078 01:52:17.960 --> 01:52:19.800 Thank you, sir, appreciate the call. Yes to me. 2079 01:52:20.119 --> 01:52:22.720 A couple of comments about his call. I have a 2080 01:52:22.760 --> 01:52:26.079 feeling he was asking more about the property damage caused 2081 01:52:26.119 --> 01:52:29.720 by the scooter rider and his umbro is not going 2082 01:52:29.760 --> 01:52:31.600 to help him, and you and my our mind is. 2083 01:52:31.600 --> 01:52:32.359 Not going to help him. 2084 01:52:32.960 --> 01:52:35.960 So I'm wondering because the scooter is not likely to 2085 01:52:36.079 --> 01:52:38.000 do a whole lot of medical kind of damage to 2086 01:52:38.079 --> 01:52:40.560 the driver of the vehicle, right, It's more likely a 2087 01:52:40.640 --> 01:52:44.439 big dent. So does the scooter company itself have insurance 2088 01:52:44.520 --> 01:52:48.279 that extends in these cases in the same way. For example, 2089 01:52:49.439 --> 01:52:51.319 a car rental company is not going to let you 2090 01:52:51.359 --> 01:52:53.359 take the car off the lot unless you either buy 2091 01:52:53.359 --> 01:52:56.399 their insurance or have your own. Are the scooter companies 2092 01:52:56.479 --> 01:52:58.399 bound by any of those requirements? 2093 01:52:59.000 --> 01:53:01.479 I think that's kind of wild, Leon. I don't think 2094 01:53:01.600 --> 01:53:05.560 many of them are dimitri most of them have. I mean, 2095 01:53:06.000 --> 01:53:08.640 if you've ever rented one of those scooters, you would 2096 01:53:08.720 --> 01:53:11.399 know this, and I have not either. But I did 2097 01:53:11.520 --> 01:53:13.399 look hard at a case one time where a guy 2098 01:53:13.439 --> 01:53:16.720 had been injured, and I was shocked at the length 2099 01:53:16.800 --> 01:53:19.600 of the contract that you have to just scroll through 2100 01:53:19.840 --> 01:53:24.279 and agree to, which nobody reads before they agree to it. 2101 01:53:24.439 --> 01:53:26.840 But you scroll through it super fast and get down 2102 01:53:26.880 --> 01:53:30.399 to the bottom. And I agree that's absolutely binding. And 2103 01:53:30.479 --> 01:53:32.800 what you will find in those is that they disclaim 2104 01:53:32.920 --> 01:53:36.680 liability for anything for anything. 2105 01:53:36.520 --> 01:53:39.920 But that contract was agreed to by the renter of 2106 01:53:40.000 --> 01:53:42.680 the scooter. But if I'm walking down the street that's right. 2107 01:53:42.800 --> 01:53:45.479 A scooter rider who's got a head full of dope 2108 01:53:45.800 --> 01:53:47.960 right causes serious injury. 2109 01:53:48.119 --> 01:53:51.600 There's no state requirement that the scooter company maintained that insurance. 2110 01:53:51.920 --> 01:53:54.399 So if the driver of it says I understand that 2111 01:53:54.479 --> 01:53:57.439 I am liable for these risks and I agree to 2112 01:53:57.479 --> 01:54:00.039 be responsible, then that may be your only avenue. Go 2113 01:54:00.159 --> 01:54:04.000 back to the caller. Your nineteen year old kid that 2114 01:54:04.159 --> 01:54:06.840 has no assets, it's living in an apartment that you know, 2115 01:54:07.000 --> 01:54:09.880 has no car, no money, whatever, that may be your 2116 01:54:09.920 --> 01:54:12.239 only source of recovery. So we're right back to where 2117 01:54:12.239 --> 01:54:15.680 we started, which is using your own comping collision or 2118 01:54:15.800 --> 01:54:17.800 using your own you know, you say, well, it's not 2119 01:54:18.000 --> 01:54:21.319 likely to be injuries. Well maybe, but maybe it is. 2120 01:54:22.520 --> 01:54:25.720 Maybe they swerve to keep from hitting the scooter guy 2121 01:54:25.800 --> 01:54:27.159 that ran out in front of him, and they hit 2122 01:54:27.199 --> 01:54:30.039 a pole or a building, and then we do have injuries, 2123 01:54:30.119 --> 01:54:31.399 but still no insurance. 2124 01:54:31.720 --> 01:54:33.920 And if I'm a pedestrian on the sidewalk that gets 2125 01:54:34.000 --> 01:54:37.439 run over and injured, then is there any case to 2126 01:54:37.520 --> 01:54:40.840 be made like this, Hey, that scooter company should not 2127 01:54:40.960 --> 01:54:43.479 have given this guy a motorized vehicle that he took 2128 01:54:43.560 --> 01:54:44.960 on the sidewalk and ran me over. 2129 01:54:45.479 --> 01:54:47.399 Yeah, there's a case to be made. But is there 2130 01:54:47.520 --> 01:54:51.000 coverage to be afforded. That's a tricky deal. Let me 2131 01:54:51.079 --> 01:54:54.680 tell you, man, these these scooter companies, you will find 2132 01:54:54.760 --> 01:54:58.520 that they are so mired in different layers of corporate 2133 01:54:58.640 --> 01:55:01.199 shield and stuff that you may find that you've got 2134 01:55:01.279 --> 01:55:03.960 to find and figure out how to serve process on 2135 01:55:04.079 --> 01:55:07.800 a company in China to actually get service a process. 2136 01:55:07.880 --> 01:55:10.520 It's in federal court, it gets removed. It's a mess. 2137 01:55:11.359 --> 01:55:15.439 And so again, there are circumstances where the only prudent 2138 01:55:15.520 --> 01:55:18.199 course of action is for you to make sure that 2139 01:55:18.399 --> 01:55:21.399 you're covered enough so that whatever happens to you and 2140 01:55:21.520 --> 01:55:24.199 your family, you know that you've got that protection. And 2141 01:55:24.399 --> 01:55:26.800 one of those ways is through just like the caller 2142 01:55:27.000 --> 01:55:30.960 just had, having enough uninsured motorist coverage, you know, with 2143 01:55:31.119 --> 01:55:34.199 the um writer, so that you and your family is protected. 2144 01:55:34.319 --> 01:55:36.119 That's the only way I know is to have enough 2145 01:55:36.199 --> 01:55:38.520 that protects me, because I don't count on the other 2146 01:55:38.600 --> 01:55:42.800 guy having anything. So we're going to move along here 2147 01:55:43.159 --> 01:55:47.720 we have, John, did that answer your question? 2148 01:55:50.840 --> 01:55:51.239 It was right. 2149 01:55:51.279 --> 01:55:54.359 I was more worried about the property damage. Okay, so 2150 01:55:54.520 --> 01:55:56.279 it was more you know, who's going to fix the 2151 01:55:56.399 --> 01:55:57.079 person's car? 2152 01:55:57.319 --> 01:55:59.720 Yeah, and who's going to pay for it? It's going 2153 01:55:59.800 --> 01:56:00.199 to be you. 2154 01:56:00.319 --> 01:56:02.399 Guys said, they don't, you know, can they give a 2155 01:56:02.479 --> 01:56:04.960 guy to riding a scooter a d u I test. 2156 01:56:04.880 --> 01:56:07.520 Or Yeah, they sure can. They can if your bike, Yeah, 2157 01:56:07.760 --> 01:56:10.359 and your your bike or your horse. I know buddy's 2158 01:56:10.399 --> 01:56:12.840 got a got a DUI on the back of a 2159 01:56:13.000 --> 01:56:17.800 mule one time. But but yeah, you're right. Comping collision. 2160 01:56:17.960 --> 01:56:20.359 It's your own insurance. That's going to be your only avenue. 2161 01:56:20.439 --> 01:56:22.279 You can go through the guy in small claim's court 2162 01:56:22.800 --> 01:56:25.720 and and try to get you know, get payments on that, 2163 01:56:25.960 --> 01:56:29.239 but it it just comes back to you protecting you 2164 01:56:29.640 --> 01:56:34.039 and and you know, unfortunately that's just one of those things. 2165 01:56:34.119 --> 01:56:37.800 So Hey, appreciate the call, John. We've got another couple 2166 01:56:37.800 --> 01:56:39.760 of calls lined up. We'll get to right after the break. 2167 01:56:39.800 --> 01:56:46.840 Hang on, just a second, go. 2168 01:56:47.000 --> 01:56:50.560 With a sure thing Denver's Best roofer Excel roofing dot com. 2169 01:56:50.760 --> 01:56:56.439 You don't pay a cent until you're content. Time for 2170 01:56:56.520 --> 01:56:59.640 an insurance check up. Free no obligation. In comparison, call 2171 01:57:00.119 --> 01:57:03.079 this insurance paying too much your coverage at dozens of 2172 01:57:03.159 --> 01:57:06.079 insurance companies find out now three all three seven seven 2173 01:57:06.079 --> 01:57:06.319 to one. 2174 01:57:06.479 --> 01:57:06.680 Help. 2175 01:57:06.880 --> 01:57:09.520 You'll think you're his only customer when you choose Frank 2176 01:57:09.600 --> 01:57:12.000 durand the real estate Man dot com to list your 2177 01:57:12.079 --> 01:57:15.199 home with Remax Alliance three all three nine two zero 2178 01:57:15.319 --> 01:57:16.279 sixteen twenty two. 2179 01:57:23.279 --> 01:57:26.119 All right, good afternoon, John Fuller. Here we are wrapping 2180 01:57:26.239 --> 01:57:28.680 up the last half an hour or so here of 2181 01:57:28.840 --> 01:57:33.680 the Troubleshooter Show. I am a personal injury attorney. Today's 2182 01:57:33.680 --> 01:57:37.319 show has kind of evolved into all Things about Insurance show, 2183 01:57:37.359 --> 01:57:39.520 which is very cool because we've we've been able to 2184 01:57:39.600 --> 01:57:41.720 talk about some things that we just don't ever, you know, 2185 01:57:41.880 --> 01:57:45.039 run into, except when we have these crazy discussions. And 2186 01:57:45.439 --> 01:57:47.800 we're fortunate enough to have Dan Mahoney in the house 2187 01:57:47.880 --> 01:57:49.840 today and Dan is with the Insurance Group of Denver. 2188 01:57:50.800 --> 01:57:53.640 You can reach Dan at at Igdenver dot com or 2189 01:57:53.720 --> 01:57:56.039 seven two oh four three six one nine nine zero. 2190 01:57:56.880 --> 01:58:00.640 Dan's an independent insurance agent, so he represents a whole 2191 01:58:00.720 --> 01:58:03.800 litany of companies out there that none of which are 2192 01:58:04.359 --> 01:58:07.000 on the sign above the door. He's not a branded 2193 01:58:07.239 --> 01:58:10.159 like a Farmer's or an all state, you know rep. 2194 01:58:10.239 --> 01:58:11.399 So he's going to be able to give you the 2195 01:58:11.479 --> 01:58:14.920 benefit of knowing a zillion different companies and what they 2196 01:58:15.000 --> 01:58:17.720 offer and how their coverage might best suit you, and 2197 01:58:17.840 --> 01:58:21.000 so at least if you're considering a new policy for 2198 01:58:21.079 --> 01:58:22.760 your family, it might be well worth your while to 2199 01:58:22.800 --> 01:58:24.399 go sit down with Dan and kind of run through 2200 01:58:24.439 --> 01:58:26.920 what your options are. We've got a few callers on 2201 01:58:27.000 --> 01:58:29.479 the line. We're going to go to Steve at this point. 2202 01:58:29.560 --> 01:58:32.359 Steve's got a question about auto and home insurance. What 2203 01:58:32.600 --> 01:58:33.399 is going on, Steve? 2204 01:58:34.439 --> 01:58:38.920 Yeah, I was just interested. I'm retired houses paid for 2205 01:58:39.159 --> 01:58:42.359 around a million dollars, and I was just kind of 2206 01:58:42.760 --> 01:58:46.000 interested to know what are you what's your take there, 2207 01:58:46.159 --> 01:58:49.880 combined the two of you guys in terms of what 2208 01:58:50.079 --> 01:58:53.800 kind of coverage for the car and for the home, 2209 01:58:54.479 --> 01:58:58.640 and do you recommend the umbrella policy. I talked with 2210 01:58:58.760 --> 01:59:01.560 my agent the other day and they said an umbrella 2211 01:59:01.680 --> 01:59:05.880 policy for me at a million dollars would be about 2212 01:59:05.920 --> 01:59:09.399 a thousand a year, and that sounds like a lot, 2213 01:59:09.680 --> 01:59:12.000 you know, if you think of it over twenty years 2214 01:59:12.079 --> 01:59:17.119 or so. But I'm curious, what do you recommend for 2215 01:59:17.319 --> 01:59:19.439 people like myself, Dan, what do. 2216 01:59:19.479 --> 01:59:20.880 You what do you do with a call like this? 2217 01:59:23.520 --> 01:59:26.520 Obviously there's a lot more information I need to know, 2218 01:59:26.640 --> 01:59:29.520 but basics are you know, you're showing your home, you 2219 01:59:29.520 --> 01:59:32.960 should have at least a five hundred thousand dollars liability 2220 01:59:33.319 --> 01:59:34.560 Your auto should be at least. 2221 01:59:34.399 --> 01:59:37.880 Two fifty five hundred. For umbrellas. 2222 01:59:39.239 --> 01:59:41.640 John might be able to chime in on this, but 2223 01:59:42.159 --> 01:59:44.279 I always tell clients that they should probably buy an 2224 01:59:44.359 --> 01:59:49.199 umbrella that's roughly equivalent to their assets. Basically, I look 2225 01:59:49.279 --> 01:59:52.000 at it as low hanging fruit. So if John's ever 2226 01:59:52.760 --> 01:59:56.079 enlisted by someone that you might hurt, he's looking at assets. 2227 01:59:56.479 --> 01:59:58.600 John knows that going against. 2228 01:59:58.319 --> 02:00:01.479 Travelers hard for safego who whoever it is, for a 2229 02:00:01.680 --> 02:00:04.880 three million dollar umbrella is a lot easier to play 2230 02:00:04.920 --> 02:00:07.319 in court than going after you individually because you're a 2231 02:00:07.399 --> 02:00:09.119 person solutely. 2232 02:00:09.520 --> 02:00:11.520 There's a nice deflection there in. 2233 02:00:11.560 --> 02:00:17.640 That Umbrellas again range between probably two hundred and twelve hundred. 2234 02:00:18.359 --> 02:00:22.119 It's your underlying coverages and any other risk factors that 2235 02:00:22.279 --> 02:00:24.359 are going to affect that cost. 2236 02:00:24.520 --> 02:00:26.319 I was going to ask, like, Steve, what do you 2237 02:00:26.479 --> 02:00:30.199 have for your liability limits? Already? Like are you. 2238 02:00:30.199 --> 02:00:32.159 Getting a question, how I met. 2239 02:00:33.800 --> 02:00:36.439 One hundred for auto one hundred and three hundred. 2240 02:00:36.800 --> 02:00:39.159 Okay, So it might be the case that the reason 2241 02:00:39.279 --> 02:00:41.720 that quote sounds pretty high is that they first got 2242 02:00:41.800 --> 02:00:43.800 to get you up to that two fifty five hundred 2243 02:00:43.920 --> 02:00:47.399 level before you're able to qualify for an umbrella. That's 2244 02:00:47.600 --> 02:00:48.079 that's yeah. 2245 02:00:48.119 --> 02:00:50.840 And actually if you move your auto too to fifty 2246 02:00:50.920 --> 02:00:53.279 five hundred, the umbrella actually will probably drop. 2247 02:00:53.520 --> 02:00:53.720 Yeah. 2248 02:00:53.840 --> 02:00:56.000 So I kind of think of your auto policy or 2249 02:00:56.079 --> 02:00:59.079 your home policies like the deductible on your umbrella, right, 2250 02:00:59.279 --> 02:01:02.800 So the higher that deductible is, the less the umbrella 2251 02:01:02.920 --> 02:01:03.479 is going to cost. 2252 02:01:04.000 --> 02:01:06.560 Okay, that makes sense. And then do you try to 2253 02:01:06.600 --> 02:01:10.520 get the umbrella to match your money that you have 2254 02:01:10.680 --> 02:01:13.880 in the bank or your total net worth including your home? 2255 02:01:14.359 --> 02:01:15.840 So where do you try to get that? 2256 02:01:16.199 --> 02:01:18.119 So I can kind of speak to that as a 2257 02:01:18.359 --> 02:01:21.800 guy that represents plaintiffs only. So my clients are people 2258 02:01:21.840 --> 02:01:24.800 that have been injured and are going after people like 2259 02:01:24.960 --> 02:01:27.840 you that happen to cause an accident, and we're evaluating 2260 02:01:27.920 --> 02:01:30.479 what to do about our damages. And so I can 2261 02:01:30.560 --> 02:01:33.880 tell you from my perspective. You know, number one, I've 2262 02:01:33.880 --> 02:01:35.920 got to have a client who's got damages that are 2263 02:01:36.159 --> 02:01:38.760 that are significant. You know, if we're talking of fifteen 2264 02:01:38.800 --> 02:01:41.720 twenty thousand dollars claim, we don't even have this conversation. 2265 02:01:41.920 --> 02:01:44.359 But if we have a client that say, got a 2266 02:01:44.520 --> 02:01:48.640 million dollars of damages, and I mean really a million dollars, 2267 02:01:48.720 --> 02:01:51.479 they may have half a million dollars of medical bills 2268 02:01:51.560 --> 02:01:54.199 and a couple of years of lost wages, and they're 2269 02:01:54.319 --> 02:01:55.880 you know, they're going to have a lifetime of care. 2270 02:01:55.920 --> 02:01:58.560 I mean, these are real damages that they're going to 2271 02:01:58.640 --> 02:02:01.760 have to survive the rest of their life on. And 2272 02:02:01.840 --> 02:02:05.079 so it's real money. When they're looking at somebody like you, 2273 02:02:06.239 --> 02:02:12.119 they're evaluating, or I'm evaluating, does this make sense? Is 2274 02:02:12.199 --> 02:02:16.000 this guy appropriately insured? Is his insurance policy the most 2275 02:02:16.119 --> 02:02:20.600 valuable asset that he has? Or did this guy voluntarily 2276 02:02:20.800 --> 02:02:25.079 choose to buy only enough insurance to satisfy the state 2277 02:02:25.159 --> 02:02:29.960 limits or something such that his personal assets are more valuable. 2278 02:02:30.399 --> 02:02:32.039 And I can tell you you don't get to go 2279 02:02:32.199 --> 02:02:35.880 after both. You know it's going to be a well, 2280 02:02:35.960 --> 02:02:38.479 with very few exceptions, you don't get to go after both. 2281 02:02:38.840 --> 02:02:40.680 Most of the time, the insurance company is going to 2282 02:02:40.720 --> 02:02:44.039 mandate that you agree to a release before they'll kick 2283 02:02:44.119 --> 02:02:47.600 over those policy limits short of going absolutely to trial 2284 02:02:47.680 --> 02:02:51.439 and getting a judgment. But if given that choice between 2285 02:02:51.520 --> 02:02:54.880 taking the insurance policy and giving the release or not 2286 02:02:55.119 --> 02:02:57.600 taking that money and going the long way of getting 2287 02:02:57.600 --> 02:03:00.399 a judgment, dealing with the uncertainties of that and the 2288 02:03:00.520 --> 02:03:03.039 expense and time, and then trying to go after and 2289 02:03:03.119 --> 02:03:06.079 collect it, there's got to be a huge difference between 2290 02:03:06.199 --> 02:03:09.199 your assets and the amount of insurance for that to 2291 02:03:09.279 --> 02:03:11.439 be a worthwhile venture. Does that make sense? 2292 02:03:12.319 --> 02:03:13.640 Yeah, it does make sense. 2293 02:03:13.920 --> 02:03:17.079 So you know, talk to your agent about about up 2294 02:03:17.159 --> 02:03:20.079 in those limits to the required amount that gets you 2295 02:03:20.239 --> 02:03:24.159 into the ability to shop for multiple umbrella policies and 2296 02:03:24.239 --> 02:03:26.159 then and then give a call to somebody like Dan 2297 02:03:26.239 --> 02:03:28.439 to say, run it up the flagpole and just see 2298 02:03:28.479 --> 02:03:31.880 what's out there in available coverage and do your price shopping. 2299 02:03:32.000 --> 02:03:34.399 Then I think you'll be you'll be surprised that it 2300 02:03:34.479 --> 02:03:36.119 may actually make really good sense for you. 2301 02:03:36.239 --> 02:03:38.359 Okay, all right, good, Thank thank you so much. 2302 02:03:38.439 --> 02:03:39.439 Hey, I appreciate the call. 2303 02:03:39.680 --> 02:03:39.840 Dan. 2304 02:03:39.920 --> 02:03:41.239 How can he get a hold of you? What's the 2305 02:03:41.279 --> 02:03:48.479 good number for this guy to call you? Our phone number, our. 2306 02:03:48.600 --> 02:03:51.399 Entry number, if you will not a direct number, the 2307 02:03:51.680 --> 02:03:54.319 base number seven two zero four to three six one 2308 02:03:54.600 --> 02:03:56.600 nine nine zero. That's seven to two oh four to 2309 02:03:56.680 --> 02:03:59.640 three six one nine nine zero. Or you can visitor 2310 02:03:59.720 --> 02:04:04.359 webs said ig Like Insurance Group and Denver Igdenver dot com. 2311 02:04:04.960 --> 02:04:08.239 Cool. Uh, Patrick, We're gonna be right back after this 2312 02:04:08.399 --> 02:04:10.640 break and we will take your call first up on 2313 02:04:10.760 --> 02:04:13.479 the other side, so everybody, hang on, give us a call. 2314 02:04:13.560 --> 02:04:15.319 We'll be happy to work through your issues as well. 2315 02:04:15.439 --> 02:04:15.680 Thank you. 2316 02:04:21.880 --> 02:04:25.119 Go with a sure thing Denver's best roofer Excel Roofing 2317 02:04:25.239 --> 02:04:25.640 dot com. 2318 02:04:25.840 --> 02:04:27.840 You don't pay a cent until you're content. 2319 02:04:29.439 --> 02:04:34.399 Wait time for an insurance checkup free no obligation comparison 2320 02:04:34.560 --> 02:04:38.079 call Compass Insurance paying too much your coverage at dozens 2321 02:04:38.119 --> 02:04:40.840 of insurance companies find out now three all three seven 2322 02:04:40.880 --> 02:04:43.199 to seven to one help. You'll think you're his only 2323 02:04:43.319 --> 02:04:45.720 customer when you choose Frank durand the real estate Man 2324 02:04:45.840 --> 02:04:49.239 dot com to list your home with Remax Alliance three 2325 02:04:49.319 --> 02:04:51.359 all three nine two zero sixteen twenty two. 2326 02:04:57.880 --> 02:05:00.560 All right, all right, all right, good afternoon. You're back 2327 02:05:00.720 --> 02:05:04.079 live at the Troubleshooter Network. I'm John Fuller. As you 2328 02:05:04.239 --> 02:05:06.439 all know, I'm a personal injury attorney here in town, 2329 02:05:06.640 --> 02:05:10.239 and we are talking today about insurance and mostly auto 2330 02:05:10.319 --> 02:05:12.439 insurance and stuff. We did have a question from the 2331 02:05:12.520 --> 02:05:17.119 YouTube listeners about, you know, your short term care or 2332 02:05:17.159 --> 02:05:20.399 your long term care policies that you hear some companies 2333 02:05:20.479 --> 02:05:24.399 offer out there. Dan, What experience do you have with 2334 02:05:24.520 --> 02:05:28.039 those with those policies. What are things that the listeners 2335 02:05:28.119 --> 02:05:30.439 need to look out for as they're considering that kind 2336 02:05:30.479 --> 02:05:32.039 of coverage. Yeah, great question. 2337 02:05:33.199 --> 02:05:35.159 Just to disclose also is that in the state of 2338 02:05:35.239 --> 02:05:37.600 Colorado you have to have a special designation to sell 2339 02:05:37.720 --> 02:05:41.600 long term care. I surrendered my designation just because the 2340 02:05:41.760 --> 02:05:45.399 market is narrowing quite rapidly. A lot of companies are 2341 02:05:45.479 --> 02:05:48.800 no longer playing in that space. Short term care is 2342 02:05:48.960 --> 02:05:51.600 usually something you're going to get from your employer. It's 2343 02:05:51.680 --> 02:05:54.479 going to do that just short term care. Long term 2344 02:05:54.560 --> 02:05:58.199 care is looking at assisting as you get older, if 2345 02:05:58.239 --> 02:06:01.159 you have medical issues you need a lot of treatment 2346 02:06:01.439 --> 02:06:03.520 around the clock. That's usually where that's going to kick 2347 02:06:03.600 --> 02:06:08.079 in the cost of the policies. They're not cheap, but 2348 02:06:08.199 --> 02:06:10.359 they are very good. It's a great way to protect 2349 02:06:10.560 --> 02:06:15.680 an estate and assets. Again, not a lot of companies 2350 02:06:15.720 --> 02:06:19.159 do it anymore, and you need to go through someone 2351 02:06:19.199 --> 02:06:23.359 who still has that designation as an option. There are 2352 02:06:23.479 --> 02:06:28.239 some term life policies that have what they call accelerated benefits, 2353 02:06:28.840 --> 02:06:31.399 and some of those companies will allow you you to 2354 02:06:31.720 --> 02:06:37.840 use the proceeds of that policy pre disease to pay 2355 02:06:37.960 --> 02:06:44.039 for things like critical care other more expensive end of 2356 02:06:44.119 --> 02:06:48.039 life treatment options. But they're usually only giving you seventy 2357 02:06:48.119 --> 02:06:50.840 cents on the dollar the benefit of the policy. But 2358 02:06:51.279 --> 02:06:54.840 it's a nice workaround. It's easier to underwrite, maybe less 2359 02:06:54.880 --> 02:06:55.600 expensive to buy. 2360 02:06:55.840 --> 02:06:59.720 Okay, Color, If you have any more specific questions, to 2361 02:06:59.720 --> 02:07:01.920 give a shout and we'll try to work through that. Patrick, 2362 02:07:01.960 --> 02:07:03.720 you've been holding for a while with a question about 2363 02:07:03.880 --> 02:07:05.960 auto insurance. What is going on? Patrick? 2364 02:07:08.640 --> 02:07:08.840 Yeah? 2365 02:07:08.960 --> 02:07:12.520 Hi, So I have a twenty fifteen Ford Mustang and 2366 02:07:12.560 --> 02:07:13.840 my insurance Progressive. 2367 02:07:15.159 --> 02:07:15.520 I had it. 2368 02:07:15.640 --> 02:07:16.079 I bought it. 2369 02:07:16.199 --> 02:07:19.399 It was nice, look new, everything was good on the body. 2370 02:07:19.880 --> 02:07:21.840 And then about a year later, so I bought it 2371 02:07:21.880 --> 02:07:23.800 in June of twenty three, and then about August of 2372 02:07:23.920 --> 02:07:29.159 twenty four, the back quarter panel started peeling off and 2373 02:07:29.359 --> 02:07:33.319 it looks like someone bondoed a previous repair from a 2374 02:07:33.359 --> 02:07:36.800 previously accident on it. And I tried to put in 2375 02:07:36.800 --> 02:07:39.359 an acclaim and they said it is not covered. 2376 02:07:41.840 --> 02:07:44.880 Yeah, and they're saying that because the damage didn't occur 2377 02:07:45.079 --> 02:07:49.600 while you owned the vehicle or pre pre existed the 2378 02:07:49.760 --> 02:07:51.800 ownership of the vehicle. Is that is that what they're 2379 02:07:51.800 --> 02:07:52.159 telling you. 2380 02:07:53.960 --> 02:07:56.079 Pretty much. I'm just making sure that's accurate. 2381 02:07:56.439 --> 02:08:01.439 And that's I mean, that's not that's not play in dirty. 2382 02:08:01.640 --> 02:08:04.319 I mean that that's the insurance company saying, you know, 2383 02:08:04.520 --> 02:08:07.039 we're going to ensure against any risk from this date 2384 02:08:07.199 --> 02:08:10.520 going forward. We're not going to ensure against anything that's 2385 02:08:11.439 --> 02:08:16.079 not yet discovered, you know, So that I have to 2386 02:08:16.159 --> 02:08:18.800 say I'd de side with the insurance company on that one. 2387 02:08:19.800 --> 02:08:22.439 Your recourse in that situation is always going to be 2388 02:08:22.520 --> 02:08:25.000 looking back towards a person that you bought the vehicle from, 2389 02:08:25.560 --> 02:08:27.439 or the dealership, and whether or not there was full 2390 02:08:27.520 --> 02:08:29.760 disclosure of the damage. I mean, those kind of areas 2391 02:08:30.199 --> 02:08:33.119 I think would be more fruitful for you than to 2392 02:08:33.239 --> 02:08:35.760 look at the insurance company. They're just going to say 2393 02:08:35.880 --> 02:08:40.399 we ensured the vehicle. There's not a covered event that 2394 02:08:40.840 --> 02:08:44.439 has happened here that would invoke our coverage that would 2395 02:08:44.439 --> 02:08:47.560 allow you to fix the body, repair or whatever would happen. 2396 02:08:47.840 --> 02:08:50.840 So as an alternate, something you might want to consider 2397 02:08:51.439 --> 02:08:53.479 is if you pull a carfax and you find the 2398 02:08:53.560 --> 02:08:55.960 shop that actually did the work, you might be able 2399 02:08:55.960 --> 02:08:57.520 to go back to them and see if there's a 2400 02:08:57.600 --> 02:09:01.840 warranty that will apply. Oftentimes, insurance companies, the contract or 2401 02:09:01.920 --> 02:09:04.800 the shops that they use, will guarantee the work. But 2402 02:09:04.880 --> 02:09:07.039 it's only the life that you own the vehicle, right, 2403 02:09:07.239 --> 02:09:09.439 so there might be a limitation to it. But if 2404 02:09:09.520 --> 02:09:12.000 it's a good shop, republe shop, they did something wrong, 2405 02:09:12.479 --> 02:09:14.000 they might get you in and do something for you. 2406 02:09:14.680 --> 02:09:18.119 Go ahead, Patrick, Yeah, that's correct, because Calper Collision is 2407 02:09:18.159 --> 02:09:19.840 the one who did it, and they did it in 2408 02:09:20.359 --> 02:09:23.119 New Mexico. But yeah, as I read their warranty, it's 2409 02:09:23.159 --> 02:09:25.800 only for the person who owned the car at that time. 2410 02:09:26.880 --> 02:09:30.079 Correct. How extensive is the damage, Patrick. 2411 02:09:31.000 --> 02:09:33.680 I got a quote for it. They want forty six 2412 02:09:33.800 --> 02:09:36.279 hundred dollars longer because it needs a whole new quarter panel. 2413 02:09:36.960 --> 02:09:39.760 Holy moly, I wouldn't think a quarter panel would cost 2414 02:09:39.840 --> 02:09:42.600 that much. Do you know how long ago Collision did 2415 02:09:42.640 --> 02:09:43.079 the repair? 2416 02:09:45.319 --> 02:09:51.479 Yeah, they did it, I think late or early twenty twenty, 2417 02:09:51.600 --> 02:09:56.039 early twenty twenty three, I believe maybe late twenty twenty two. 2418 02:09:57.039 --> 02:09:59.359 I think I'd go argue with them because body works 2419 02:09:59.359 --> 02:10:04.119 should last long. Absolutely it should absolutely, yeah, warrant. 2420 02:10:04.560 --> 02:10:07.720 They literally just bonded it and painted it and called 2421 02:10:07.760 --> 02:10:08.079 it good. 2422 02:10:08.920 --> 02:10:11.239 You know, Caliber is a big operation. I mean, they 2423 02:10:11.600 --> 02:10:15.239 they they're not insignificant. They've got a presence I think 2424 02:10:15.319 --> 02:10:19.359 in probably just about every state out there, and many 2425 02:10:19.439 --> 02:10:22.079 of them in Colorado. I mean, I kind of think 2426 02:10:22.159 --> 02:10:24.680 that I agree that they should. You should be able 2427 02:10:24.720 --> 02:10:27.000 to have a hard conversation with them about, you know, 2428 02:10:27.520 --> 02:10:32.439 at least compromising the cost of the repair, because certainly, 2429 02:10:32.760 --> 02:10:36.159 you know, whoever paid them for the first repair didn't 2430 02:10:36.159 --> 02:10:38.039 really get the benefit of the bargain out of it. 2431 02:10:38.119 --> 02:10:41.079 It was that warranty that you were buying and expecting 2432 02:10:41.159 --> 02:10:43.680 to get coverage on. So I don't know that's going 2433 02:10:43.720 --> 02:10:45.520 to be a tough one, Patrick, but I don't think 2434 02:10:45.640 --> 02:10:47.439 Progressive is going to be on the hook for it. 2435 02:10:48.239 --> 02:10:51.640 And if you subsequently have an accident and it damages 2436 02:10:51.760 --> 02:10:54.560 that quarter panel, the risk you run is that they're 2437 02:10:54.600 --> 02:10:57.039 going to say, well, that was previously damaged and we're 2438 02:10:57.079 --> 02:11:00.399 only going to pay for our apportionment of the personage 2439 02:11:00.479 --> 02:11:03.279 that it was damaged more. And then you're gonna be 2440 02:11:03.560 --> 02:11:07.239 you know, you're gonna be kind of double double victimized 2441 02:11:07.279 --> 02:11:09.239 there if you will, for lack of a. 2442 02:11:09.279 --> 02:11:15.239 Better word, Okay, if I got it properly repaired, like 2443 02:11:15.279 --> 02:11:17.039 a whole new quarter panel and all that, would they 2444 02:11:17.159 --> 02:11:19.199 then yeah, maybe cover it? 2445 02:11:19.319 --> 02:11:22.319 Yeah, absolutely they would because because once it's back to 2446 02:11:22.840 --> 02:11:26.239 being all repaired, it's in the exact state that they 2447 02:11:26.359 --> 02:11:28.600 insured it in the first place. And as soon as 2448 02:11:28.680 --> 02:11:33.159 you actually had a covered event, that insurance policy would 2449 02:11:33.199 --> 02:11:35.079 kick in and then they would have to do what 2450 02:11:35.199 --> 02:11:35.720 they have to do. 2451 02:11:36.079 --> 02:11:39.399 So yeah, perfect, thank you appreciate it. 2452 02:11:39.760 --> 02:11:44.680 You bet. So, we still have half of Dimitri's question 2453 02:11:44.840 --> 02:11:47.880 over here, and we were just getting into the the 2454 02:11:48.000 --> 02:11:51.720 uninsured motors side of the game in the limited time 2455 02:11:51.760 --> 02:11:53.000 that we have left, and we're gonna have to go 2456 02:11:53.039 --> 02:11:55.680 to break here again in a second. But Dan, I 2457 02:11:55.720 --> 02:12:00.560 would like you to talk about, you know, uninsured motorists 2458 02:12:00.600 --> 02:12:05.520 coverage and talk a little bit about those uninsured you know, 2459 02:12:06.159 --> 02:12:11.000 writers that you can kick onto umbrella policies and how 2460 02:12:11.079 --> 02:12:14.079 that actually works and why it might be advantageous to 2461 02:12:14.279 --> 02:12:16.800 try to get that on your policy and whether or 2462 02:12:16.840 --> 02:12:20.479 not what was the word that Dimitri used, whether his 2463 02:12:21.159 --> 02:12:25.359 coverage was eliminated or amplified. Amplified that was the right word, sorry, 2464 02:12:25.720 --> 02:12:28.560 whether his coverage was amplified by the president or lack 2465 02:12:28.640 --> 02:12:33.079 thereof of the subpart of the secondary paragraph of uninsured 2466 02:12:33.119 --> 02:12:34.159 motors coverage. 2467 02:12:33.920 --> 02:12:37.680 From the main overwriting perspective that I learned from John 2468 02:12:37.760 --> 02:12:40.880 over the month. I want to insure myself, right, I 2469 02:12:40.960 --> 02:12:42.039 want to buy insurance from me. 2470 02:12:42.199 --> 02:12:44.560 Right, And that's what you should do exactly. All right, 2471 02:12:44.720 --> 02:12:47.119 We're going to address that question right as soon as 2472 02:12:47.159 --> 02:12:47.680 we come back. 2473 02:12:49.079 --> 02:12:52.359 Go with a sure thing Denver's Best roofer Excel Roofing 2474 02:12:52.439 --> 02:12:55.079 dot com. You don't pay a cent until you're content. 2475 02:12:58.479 --> 02:13:02.560 Time for an insurance checkup. No obligation comparison call Compass 2476 02:13:02.640 --> 02:13:05.880 insurance paying too much your coverage at dozens of insurance 2477 02:13:05.920 --> 02:13:08.399 companies find out now three all three seven to seven 2478 02:13:08.439 --> 02:13:11.199 to one help. You'll think you're his only customer when 2479 02:13:11.239 --> 02:13:13.479 you choose Frank durand the real estate Man dot com 2480 02:13:13.760 --> 02:13:16.840 to list your home with Remax Alliance three all three 2481 02:13:16.920 --> 02:13:18.600 nine two zero sixteen twenty two. 2482 02:13:27.800 --> 02:13:29.920 All right, all right, all right, welcome back to the 2483 02:13:30.800 --> 02:13:33.640 Tom Martino Show, the Troubleshooter Network. This is John Fuller. 2484 02:13:33.720 --> 02:13:35.439 We are wrapping up our day here. We've got just 2485 02:13:35.479 --> 02:13:38.279 a few minutes and we wanted to end on a 2486 02:13:38.359 --> 02:13:43.319 high note with Dan discussing, you know, umbrellas, and then 2487 02:13:43.399 --> 02:13:46.960 particularly the ability to add a um writer to an 2488 02:13:47.039 --> 02:13:50.479 umbrella and why a party may want to do that. 2489 02:13:50.760 --> 02:13:52.920 So from your perspective as an agent, and give me 2490 02:13:53.000 --> 02:13:53.880 your best shot, right. 2491 02:13:54.079 --> 02:13:56.439 So, an umbrella, just think of it as an umbrella. 2492 02:13:56.640 --> 02:14:01.039 It sits over your underlying policies. Underlying policies actually require 2493 02:14:01.079 --> 02:14:03.960 a certain amount of coverage already being written in them. 2494 02:14:04.399 --> 02:14:07.800 The umbrella is going to act essentially as a multiplier 2495 02:14:08.359 --> 02:14:12.199 of whatever that underlying number is. So just on liability, just. 2496 02:14:12.279 --> 02:14:16.520 On liability, nothing else, and that includes the uninsured motorist. 2497 02:14:19.319 --> 02:14:23.279 Some companies will do an endorsement for uninsured motorists on 2498 02:14:24.079 --> 02:14:27.560 an umbrella, meaning what meaning that there's not a lot 2499 02:14:27.600 --> 02:14:27.960 out there? 2500 02:14:28.560 --> 02:14:31.920 No meaning that an endorsement means, oh, I actually extend 2501 02:14:32.000 --> 02:14:34.760 the um to the limits of the umbrella. Right. 2502 02:14:34.920 --> 02:14:39.000 So, now, in this situation, if you have the UM 2503 02:14:39.119 --> 02:14:43.039 of two fifty five hundred, you have injuries exceeding over 2504 02:14:43.039 --> 02:14:45.920 a million dollars. You can't mow your own lawn anymore. 2505 02:14:45.960 --> 02:14:48.000 You need help, go to the bathroom. All that you 2506 02:14:48.119 --> 02:14:50.520 need a lot more money. You can go back now 2507 02:14:50.600 --> 02:14:54.439 into your own umbrella, trigger that endorsement, and then you 2508 02:14:54.560 --> 02:14:57.359 can go after your own umbrella for that those funds 2509 02:14:57.399 --> 02:14:58.079 that you need for. 2510 02:15:00.359 --> 02:15:03.720 Is that an addition to the auto policy or does 2511 02:15:03.760 --> 02:15:05.039 that become the new limit? Okay? 2512 02:15:05.880 --> 02:15:07.600 In this case, it's going to become a new limit. 2513 02:15:09.119 --> 02:15:12.600 The umbrella will multiply the rest, but the personal injury doesn't. 2514 02:15:12.680 --> 02:15:16.399 Usually, So I wouldn't collect one and a half million 2515 02:15:16.640 --> 02:15:18.640 with a million dollar un brell policy. I would just 2516 02:15:18.680 --> 02:15:19.920 collect the one million. 2517 02:15:19.920 --> 02:15:20.680 No, you would. 2518 02:15:21.079 --> 02:15:23.039 You would bet you would collect from different sources. So 2519 02:15:23.319 --> 02:15:26.000 your underlying policy with a five hundred your umbrella, if 2520 02:15:26.000 --> 02:15:28.199 you have the endorsetion, okay, another million, okay, so you 2521 02:15:28.239 --> 02:15:29.520 still would get one point five. 2522 02:15:29.560 --> 02:15:31.960 Very cool, thank you. Yeah, so it's a it's a 2523 02:15:32.039 --> 02:15:36.000 cool thing, it actually. I mean listen, umbrellas are only 2524 02:15:36.199 --> 02:15:39.079 for liability. That's all they do is extend the liability. 2525 02:15:39.119 --> 02:15:43.199 They don't protect you or your family for anything until 2526 02:15:43.279 --> 02:15:46.520 you get into a claim that would trigger your uninsured 2527 02:15:46.600 --> 02:15:50.840 motorist coverage. Okay. And if you have a traditional umbrella, 2528 02:15:50.960 --> 02:15:53.119 what you'll find is that you have a in your 2529 02:15:53.199 --> 02:15:56.359 case a half a million dollars of uninsured motorists. But 2530 02:15:56.520 --> 02:15:58.720 you turn to your umbrella that you think is wonderful 2531 02:15:58.760 --> 02:16:01.319 when you find out that it has no additional coverage 2532 02:16:01.720 --> 02:16:06.159 for the underlying uninsured motorist portion of your policy. 2533 02:16:05.960 --> 02:16:09.920 Unless I specifically bought the correct kind of umbrella. And 2534 02:16:10.039 --> 02:16:13.000 what percentage of umbrella I didn't know about this until yesterday. 2535 02:16:13.119 --> 02:16:16.239 So what percentage of umbrellas are there are actually. 2536 02:16:16.000 --> 02:16:19.119 Do what I wanted to do? Almost none? 2537 02:16:19.720 --> 02:16:22.079 Yeah, I can only think of two or three carriers 2538 02:16:22.119 --> 02:16:25.880 that will even offer it. Oftentimes people don't want to 2539 02:16:25.880 --> 02:16:28.840 buy it. I actually just did when I think this week, 2540 02:16:28.920 --> 02:16:32.520 I think it added two hundred and sixty dollars to 2541 02:16:32.600 --> 02:16:35.280 the policy to add the uninsured. 2542 02:16:35.399 --> 02:16:38.079 Are you saying almost none of it added automatically or 2543 02:16:38.159 --> 02:16:40.600 none of them offer it period? A lot of carriers 2544 02:16:40.639 --> 02:16:43.079 just won't even offer it. But you do still have 2545 02:16:43.239 --> 02:16:46.239 those that do specialty lines and stuff, and then we 2546 02:16:46.319 --> 02:16:48.840 can also go to specialty lines if a carrier doesn't. 2547 02:16:49.040 --> 02:16:50.719 I mean, is that a type of coverage that you 2548 02:16:50.840 --> 02:16:54.879 recommend for your customers? Yes, you know, insurance. 2549 02:16:54.920 --> 02:16:56.959 When you start talking about endorsements, you're starting to talk 2550 02:16:57.000 --> 02:17:01.120 about percentages on percentages, risk upon risk. 2551 02:17:01.840 --> 02:17:01.920 And. 2552 02:17:03.479 --> 02:17:05.840 Yeah, at a certain point you can be over insured. 2553 02:17:05.920 --> 02:17:08.799 So you know, if you're just worried about protecting assets, 2554 02:17:09.280 --> 02:17:11.239 you've got enough assets you can take care of yourself. 2555 02:17:11.319 --> 02:17:15.079 Something horrible did happen, maybe it's not a big deal 2556 02:17:15.120 --> 02:17:16.760 to you. But for two hundred and sixty eight bucks 2557 02:17:16.840 --> 02:17:18.920 and you have all those assets, yeah, you can afford it. 2558 02:17:19.000 --> 02:17:21.559 So why not? Well, I you know, I look at 2559 02:17:21.600 --> 02:17:24.520 it from a little different perspective because I'm representing people 2560 02:17:24.639 --> 02:17:27.200 that that all of a sudden, through no fault of 2561 02:17:27.239 --> 02:17:30.719 their own, are are handed this bill of goods. Okay, 2562 02:17:31.479 --> 02:17:35.639 and that bill of goods may include a lifetime of 2563 02:17:35.760 --> 02:17:39.000 medical care. It may which maybe they have great health 2564 02:17:39.040 --> 02:17:42.520 insurance for, but that's really difficult to parlay out into 2565 02:17:42.559 --> 02:17:46.079 a lifetime of care. Typically people end up on public 2566 02:17:46.159 --> 02:17:50.920 assistance at some point in that process, Medicare, Medicaid through 2567 02:17:50.959 --> 02:17:54.200 disability and that kind of stuff. But it's the income thing. 2568 02:17:54.319 --> 02:17:56.920 If you're talking a high earning you know, somebody that's 2569 02:17:56.959 --> 02:17:59.200 making and I don't mean like super high, but if 2570 02:17:59.239 --> 02:18:02.719 somebody's making you know, one hundred maybe two hundred thousand 2571 02:18:02.760 --> 02:18:05.799 dollars and they're forty years old with a couple of 2572 02:18:05.840 --> 02:18:07.760 little kids in the house, and all of a sudden 2573 02:18:07.840 --> 02:18:11.680 they're unable to work for the balance of their life. 2574 02:18:11.840 --> 02:18:16.079 You're talking a gran amount of money, So I don't 2575 02:18:16.120 --> 02:18:19.600 care how much money you've accumulated at that stage in 2576 02:18:19.719 --> 02:18:22.559 your life, it's probably not going to be enough. And 2577 02:18:22.680 --> 02:18:25.000 that's also a good reason why to buy it. As 2578 02:18:25.079 --> 02:18:27.079 John is saying, well, yeah, no, that's why I'm saying 2579 02:18:27.120 --> 02:18:30.360 it's mandatory. I believe so strongly in it. If my 2580 02:18:30.719 --> 02:18:34.280 carrier told me that they didn't offer a um writer 2581 02:18:34.760 --> 02:18:38.360 on top of the umbrella that I have, I wouldn't 2582 02:18:38.360 --> 02:18:40.319 buy it from them. I would go to a different carrier, 2583 02:18:40.360 --> 02:18:42.200 and I would go to another one, and another one 2584 02:18:42.239 --> 02:18:45.760 and another one until I found that that writer. That's 2585 02:18:45.920 --> 02:18:49.399 just me, but I see the effects of this every 2586 02:18:49.479 --> 02:18:53.440 day in my practice, where we have so many cases 2587 02:18:53.520 --> 02:18:57.600 where we have bad damages and not enough coverage. And 2588 02:18:57.719 --> 02:18:59.959 so sometimes you hear Mark talking about all the time 2589 02:19:00.280 --> 02:19:02.799 John got limits and John did this, it's like great. 2590 02:19:02.879 --> 02:19:05.280 Sometimes limits is still a slap in the face and 2591 02:19:05.319 --> 02:19:08.159 an insult because you're not even close to made whole. 2592 02:19:08.399 --> 02:19:10.520 And a limit is a limit, and that's why it's 2593 02:19:10.559 --> 02:19:12.920 called limit is a limit. So listen, we're out of 2594 02:19:12.959 --> 02:19:15.280 town today or out of time today, Come back tomorrow, 2595 02:19:15.360 --> 02:19:17.600 we'll be doing this all over again. My name is 2596 02:19:17.639 --> 02:19:20.559 John Fuller. Save all your troubles for us. Thanks for listening.