[Zeke]

To MRM, yes everything is "puffery" because that is the appropriate counter measure when dealing with a company like Farmers and many more.

Back to nostatic's question: how did the 40K figure get determined? Is that an appropriate amount of puffery?

As I posted before in this thread, loss of wages for self employed won't fly. Even it you were working for the last 10 years for someone else, your lost wages compensation would be that of state disability rates after any state disability income was deducted. IOW, you're screwed there.

You have to carry your own policy for loss of income or assets as a result of an accident and injury. The system sucks in so many ways.