The Hulkster owned a $25,000,000 home in Florida and the agent writes a 250/500 auto liability policy? I agree the agent appears to be grossly negligent – unless of course Hulk used that little pricing gun to name his own price.
Oh, come on Mr. Hulkster. Surely you could have been a better parent and exercised a little more control over your exposures. Don’t blame your insurance broker for your own lack of sense. (I’d say something stronger but the guy scares the HECK out of me).
Your dumb kid was borrowing your supercars for a long while before the accident — and was racking up tickets right and left while street racing. Maybe a prudent person wouldn’t have let Junior drive their cars — or they would have bought the kid a car, set him up with his own insurance policies, and kick the kid out.
But then, that wouldn’t be a reality show, would it?
For more info on what led to the accident, see Wiki:
All that may be true about Hogan but the fact is that a $250,000 BI policy was severely inadequate for the jerk. If you’re going to insure him you need to either do it right or not at all. I would hope the broker has extensive notes in file where coverage was offered and subsequently rejected by Hogan. But it doesn’t sound like it.
The Hulkster owned a $25,000,000 home in Florida and the agent writes a 250/500 auto liability policy? I agree the agent appears to be grossly negligent – unless of course Hulk used that little pricing gun to name his own price.
Oh, come on Mr. Hulkster. Surely you could have been a better parent and exercised a little more control over your exposures. Don’t blame your insurance broker for your own lack of sense. (I’d say something stronger but the guy scares the HECK out of me).
Your dumb kid was borrowing your supercars for a long while before the accident — and was racking up tickets right and left while street racing. Maybe a prudent person wouldn’t have let Junior drive their cars — or they would have bought the kid a car, set him up with his own insurance policies, and kick the kid out.
But then, that wouldn’t be a reality show, would it?
For more info on what led to the accident, see Wiki:
http://en.wikipedia.org/wiki/Nick_Hogan
All that may be true about Hogan but the fact is that a $250,000 BI policy was severely inadequate for the jerk. If you’re going to insure him you need to either do it right or not at all. I would hope the broker has extensive notes in file where coverage was offered and subsequently rejected by Hogan. But it doesn’t sound like it.