driving Fast [re: C5 racing]

[Matt S.]

I'm fairly sure that, at least in Oregon, if you keep
$50,000 in such an account, you can use that as
accident coverage.

Matt
89 200 TQ
14psi


--- "Perry, Christoper (EDS)"
<chris.perry at weyerhaeuser.com> wrote:
> The thought of rear-ending someone doing 150
> definitely took most of the fun
> out of it.  The gentleman who was driving (owner)
> seemed rather calm doing
> it.  When we got back to his office, he whipped out
> a manila folder about 3
> inches thick of speeding tickets.  I asked him how
> that affected his
> insurance and he said it didn't because he is
> self-insured.  Apparently he
> has put up a portion of his stock portfolio as some
> kind of collateral. My
> thought was man if this guy gets in an accident and
> kills someone, they
> could take him for all he is worth (not sure how
> that works really).
>
> I would enjoy the chance to drive that car on a
> closed-circuit where it is
> "safe" to explore it's limits.
>
> Chris


__________________________________________________
Do You Yahoo!?
Yahoo! Tax Center - online filing with TurboTax
http://taxes.yahoo.com/