walmart Auto insurance,,,,?

He had $100,000 liability insurance on his older diesel pickup. He loaned the pickup to his grandson (a great kid) , who had a summer job between his junior/senior year in college (now he is an engineer). He was on his way to work early in the morning, and he dozed off. He crossed the centerline and hit a tractor-trailer head on. Luckily, the grandson wasn't seriously injured. The truck was demolished. I didn't see it, but he told me the engine was torn right out of the truck.

The truck he hit, an almost new Western Star, was totaled. Apparently, there was also damage to the tractor trailer's load, too. Damages were estimated to be over $300,000. He is now facing a lawsuit to recover the damages that exceeded his coverage.

When it happened, I took a look at my coverage and increased it significantly. There was an increase in my premium, but it wasn't as bad as I expected. Hopefully, I will never need the coverage, but he is 80 years old, has significant assets and is probably going to be liable for the damage.

Highjacking this thread. I own 300 acres, been grazing cattle. It would sell for more than $10,000 per acre, before wine grape prices crashed as high as $50,000 per acre. So how much liability coverage do I need.

Back to Joe. I see the same add. I know it is common for low income people to buy insurance by the day here in the Land of Fruits and Nuts. You need to show insurance at DMV to register or transferer a car. Once you have the sticker in hand, you stop paying insurance. All is good until it is not. So my guess is $19 per day for $1000 dollar rolling wreck. Your purring like a kitten no big dents 25 year old car may cost more.