Hey, i got into a car accidnet something like six months ago. There were no broken bones, and no inflated airbags. my insurance agent contacted me last month and said they considered necessary a 70k settlement. they saiid that they refused the settlement, saying naturlaly it be too much.
now they told me not to stress, but what happens after this? what will come to pass if its over my coverage amount? help?
thank you in mortgage!
This is why evryone should have insurance, they will fight on your behalf and provide anything you obligation if you're brought into the litigation process. Really, Don't worry, insurance companys have the best lawyer and they don't mess around, this affects their money more than yours. Relax, at this point it's between the complaintant and your insurance co.
Who's error was it?? Believe me when I say A LOT of things play a factor within a car accident settlement
This is why evryone should have insurance, they will fight on your behalf and provide anything you obligation if you're brought into the litigation process. Really, Don't worry, insurance companys have the best lawyer and they don't mess around, this affects their money more than yours. Relax, at this point it's between the complaintant and your insurance co.
Answers: It sounds like the other party get an attorney and are just high-balling. I'm surprised they even contacted you. Usually they just feel it and leave you out of it. they only root they may have contacted you is if it was NEAR your precincts. It's important to note that simply because there were no broken bones, an injury surrounded by an accident can be soft tissue and just as expensive (if not more) than a broken bone. But resembling everyone is saying, leave it to your insurance company, this is their commission. The other party has to prove their damages and prove them to be related to that luck. Six months and already 70,000 sounds a bit a high. chances are, they are looking for punitive or something. Your insurance company will transport it to court if they think they are being unreasonable and keep you.
to your original question, if it does progress over your limits, you could be called on to retribution the difference. this can get ugly. they can liquidate your assets if the court agrees next to the costs. but your insurance company will will have their attorneys at the court as well helping you out. a moment ago keep in contact near your insurance company on what's going on and what happens next.
Who's error was it?? Believe me when I say A LOT of things play a factor within a car accident settlement
now they told me not to stress, but what happens after this? what will come to pass if its over my coverage amount? help?
thank you in mortgage!
How do I convince my parents to...
in good health your company is doing what they should be doing. the person asked for an amt and your company said no because they feel that's too much for anything happened. they will keep "bartering" near the person until a settlement is reached. if they ask for 70,000 and your restrictions are 50,000 your insurance will not pay over the 50,000. if for example your company agreed to pay the restrictions of 50,000, the person would have to sue you to take the other 20,000. don't stress, let your agent do his job, that's what you pay envelope him for. these things can drag out and most get settled after the person realize they are not going to just be handed a check short proving there is a reason to bring back the amount they are asking for.This is why evryone should have insurance, they will fight on your behalf and provide anything you obligation if you're brought into the litigation process. Really, Don't worry, insurance companys have the best lawyer and they don't mess around, this affects their money more than yours. Relax, at this point it's between the complaintant and your insurance co.
Who's error was it?? Believe me when I say A LOT of things play a factor within a car accident settlement
Uk short residence sports car insurance up...
This is why evryone should have insurance, they will fight on your behalf and provide anything you obligation if you're brought into the litigation process. Really, Don't worry, insurance companys have the best lawyer and they don't mess around, this affects their money more than yours. Relax, at this point it's between the complaintant and your insurance co.
If i sign as power of att.for...
Answers: It sounds like the other party get an attorney and are just high-balling. I'm surprised they even contacted you. Usually they just feel it and leave you out of it. they only root they may have contacted you is if it was NEAR your precincts. It's important to note that simply because there were no broken bones, an injury surrounded by an accident can be soft tissue and just as expensive (if not more) than a broken bone. But resembling everyone is saying, leave it to your insurance company, this is their commission. The other party has to prove their damages and prove them to be related to that luck. Six months and already 70,000 sounds a bit a high. chances are, they are looking for punitive or something. Your insurance company will transport it to court if they think they are being unreasonable and keep you.
to your original question, if it does progress over your limits, you could be called on to retribution the difference. this can get ugly. they can liquidate your assets if the court agrees next to the costs. but your insurance company will will have their attorneys at the court as well helping you out. a moment ago keep in contact near your insurance company on what's going on and what happens next.
Who's error was it?? Believe me when I say A LOT of things play a factor within a car accident settlement
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