Sucker insurance is when you purchase the minimum required insurance and are basically under insured. The minimum liability in Texas is $30,000.00 with $60,000.00 total for an accident if you hit more than one car. The Texas Legislature regulates insurance and last session the committee called the minimum car insurance necessary to get people to buy insurance but those that do buy them are suckers.If you only carry the minimum car insurance 30/60/25, and you have a $500.00 deductible, and you run a stop sign and total a car worth $45,000.00 that is driven by BOB,

a)How much will your insurance pay to BOB's insurance carrier on the car Bob owned and you totaled? SHOW me your math calculations.

b)So, the amount in A above does not cover the $45,000.00 so what will Bob's insurance carrier do if Bob carried underinsured insurance?

c)So, now that Bob's insurance company has been out money on the accident you caused, what is their next step to get their money back?