Why does Geico ask me not to reveal the limits of my liability coverage in case of a car accident?












1














I read on my "Evidence of Liability Insurance card" issued by Geico in California, US:




What to do at the time of an accident: […] Do not reveal the limits of your liability coverage to anyone.




Why does Geico ask me not to reveal the limits of my liability coverage in case of a car accident, and should I follow that advice?




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  • This should belong in Law, it has to do with the tactics of the legal process and lawyering.
    – user71659
    2 hours ago










  • @user71659 thanks, I wasn't sure which website was the most suitable for this question, I am okay with migrating the question of there if that's on topic on law.se
    – Franck Dernoncourt
    2 hours ago


















1














I read on my "Evidence of Liability Insurance card" issued by Geico in California, US:




What to do at the time of an accident: […] Do not reveal the limits of your liability coverage to anyone.




Why does Geico ask me not to reveal the limits of my liability coverage in case of a car accident, and should I follow that advice?




enter image description here






united-states car insurance car-insurance liability







share|improve this question
























  • This should belong in Law, it has to do with the tactics of the legal process and lawyering.
    – user71659
    2 hours ago










  • @user71659 thanks, I wasn't sure which website was the most suitable for this question, I am okay with migrating the question of there if that's on topic on law.se
    – Franck Dernoncourt
    2 hours ago
















1












1








1


2





I read on my "Evidence of Liability Insurance card" issued by Geico in California, US:




What to do at the time of an accident: […] Do not reveal the limits of your liability coverage to anyone.




Why does Geico ask me not to reveal the limits of my liability coverage in case of a car accident, and should I follow that advice?




enter image description here






united-states car insurance car-insurance liability







share|improve this question















I read on my "Evidence of Liability Insurance card" issued by Geico in California, US:




What to do at the time of an accident: […] Do not reveal the limits of your liability coverage to anyone.




Why does Geico ask me not to reveal the limits of my liability coverage in case of a car accident, and should I follow that advice?




enter image description here






united-states car insurance car-insurance liability




united-states car insurance car-insurance liability






share|improve this question















share|improve this question













share|improve this question




share|improve this question








edited 16 mins ago

























asked 2 hours ago









Franck Dernoncourt

1,68521944




1,68521944












  • This should belong in Law, it has to do with the tactics of the legal process and lawyering.
    – user71659
    2 hours ago










  • @user71659 thanks, I wasn't sure which website was the most suitable for this question, I am okay with migrating the question of there if that's on topic on law.se
    – Franck Dernoncourt
    2 hours ago




















  • This should belong in Law, it has to do with the tactics of the legal process and lawyering.
    – user71659
    2 hours ago










  • @user71659 thanks, I wasn't sure which website was the most suitable for this question, I am okay with migrating the question of there if that's on topic on law.se
    – Franck Dernoncourt
    2 hours ago


















This should belong in Law, it has to do with the tactics of the legal process and lawyering.
– user71659
2 hours ago




This should belong in Law, it has to do with the tactics of the legal process and lawyering.
– user71659
2 hours ago












@user71659 thanks, I wasn't sure which website was the most suitable for this question, I am okay with migrating the question of there if that's on topic on law.se
– Franck Dernoncourt
2 hours ago






@user71659 thanks, I wasn't sure which website was the most suitable for this question, I am okay with migrating the question of there if that's on topic on law.se
– Franck Dernoncourt
2 hours ago












1 Answer
1






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oldest

votes


















3














Negotiation 101, never be the first to say a number.



You tell them you have a $300,000 limit and magically they incur $300,000 of injury. Alternatively, they may just assume you carry the minimum.






share|improve this answer

















  • 1




    If you actually do have the minimum, could it hurt you to say that? Also, with a high limit, who is likely to fudge the severity of the injury -- the plaintiff, their doctor, or both? Aren't they taking a huge risk that if the suit fails (the insurance company successfully defends itself against the falsely inflated injury claim), they'll be deep in medical debt (plaintiff) or not get paid for their services (doctor)?
    – nanoman
    1 hour ago











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1 Answer
1






active

oldest

votes








1 Answer
1






active

oldest

votes









active

oldest

votes






active

oldest

votes









3














Negotiation 101, never be the first to say a number.



You tell them you have a $300,000 limit and magically they incur $300,000 of injury. Alternatively, they may just assume you carry the minimum.






share|improve this answer

















  • 1




    If you actually do have the minimum, could it hurt you to say that? Also, with a high limit, who is likely to fudge the severity of the injury -- the plaintiff, their doctor, or both? Aren't they taking a huge risk that if the suit fails (the insurance company successfully defends itself against the falsely inflated injury claim), they'll be deep in medical debt (plaintiff) or not get paid for their services (doctor)?
    – nanoman
    1 hour ago
















3














Negotiation 101, never be the first to say a number.



You tell them you have a $300,000 limit and magically they incur $300,000 of injury. Alternatively, they may just assume you carry the minimum.






share|improve this answer

















  • 1




    If you actually do have the minimum, could it hurt you to say that? Also, with a high limit, who is likely to fudge the severity of the injury -- the plaintiff, their doctor, or both? Aren't they taking a huge risk that if the suit fails (the insurance company successfully defends itself against the falsely inflated injury claim), they'll be deep in medical debt (plaintiff) or not get paid for their services (doctor)?
    – nanoman
    1 hour ago














3












3








3






Negotiation 101, never be the first to say a number.



You tell them you have a $300,000 limit and magically they incur $300,000 of injury. Alternatively, they may just assume you carry the minimum.






share|improve this answer












Negotiation 101, never be the first to say a number.



You tell them you have a $300,000 limit and magically they incur $300,000 of injury. Alternatively, they may just assume you carry the minimum.







share|improve this answer












share|improve this answer



share|improve this answer










answered 2 hours ago









quid

34.5k565117




34.5k565117








  • 1




    If you actually do have the minimum, could it hurt you to say that? Also, with a high limit, who is likely to fudge the severity of the injury -- the plaintiff, their doctor, or both? Aren't they taking a huge risk that if the suit fails (the insurance company successfully defends itself against the falsely inflated injury claim), they'll be deep in medical debt (plaintiff) or not get paid for their services (doctor)?
    – nanoman
    1 hour ago














  • 1




    If you actually do have the minimum, could it hurt you to say that? Also, with a high limit, who is likely to fudge the severity of the injury -- the plaintiff, their doctor, or both? Aren't they taking a huge risk that if the suit fails (the insurance company successfully defends itself against the falsely inflated injury claim), they'll be deep in medical debt (plaintiff) or not get paid for their services (doctor)?
    – nanoman
    1 hour ago








1




1




If you actually do have the minimum, could it hurt you to say that? Also, with a high limit, who is likely to fudge the severity of the injury -- the plaintiff, their doctor, or both? Aren't they taking a huge risk that if the suit fails (the insurance company successfully defends itself against the falsely inflated injury claim), they'll be deep in medical debt (plaintiff) or not get paid for their services (doctor)?
– nanoman
1 hour ago




If you actually do have the minimum, could it hurt you to say that? Also, with a high limit, who is likely to fudge the severity of the injury -- the plaintiff, their doctor, or both? Aren't they taking a huge risk that if the suit fails (the insurance company successfully defends itself against the falsely inflated injury claim), they'll be deep in medical debt (plaintiff) or not get paid for their services (doctor)?
– nanoman
1 hour ago


















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