I was involved in a car accident, and the other person wants more money?What can I do?

Question

I was in a accident in Aug. I was at fault, and she was injured. Her "claim" exceeds my insurance policy.

well, I'm a college student, under 21, and the accident accorded on private property. so....i was thinking maybe to work within my limits

Answer 1

nothing. you can only pay what your policy has, however, the other party can take you to court and try to get a judgement against you for any amount exceeding your policy limits. you would be expectecd to make the difference up, but they cannot do anything to you without a court order allowing it. the court could place a judgment into place and you could lose all you have, but it is rare that such is done. you also have the option of bankruptcy which blocks the other party from getting anything more than your policy limits.morew importantly, your insurance will have to settle before anything can be finalized, and unless they do, you should have nothinmg, and i do mean nothing, to say to the other party. all you have to do is listen to your insurancecompany, not the other party, nor anyone representing the other party, lawyers included. speak only to your own representative, whether an attorney or someone else your insurance company designates to speak on your behalf.
if the other party tries to speak to you, contact your agent, or claims agent and let them take it from there.
also, don't give any statements on the phone unless it is your insurance company. if it's the other parties insurance, refer them to the claims agenbt for your insurance claim.

Answer 2

you ought to not be paying something different than your extra - your insurer will. bypass all correspondence to your insurer - do no longer enter into communicate with the different driving force. that's particularly customary for somebody to declare the wear grow to be purely average - to the uninformed it could look that way, yet lots of the wear may be out of sight - an experienced claims assessor might comprehend what to seek for. Her clothing, case in point, might have been contained in the boot and the impact might have led to something to spill on them - perhaps a tin of paint that she'd in basic terms bought from B&Q, case in point! The nitty gritty of the declare isn't your concern - enable your insurer manage it.

Answer 3

You may have to hire a lawyer (yuk). This is why you always need to have as much coverage as possible when you drive. The increased cost of higher limits will pale when compared to a judgement for med costs.
PS. -- a bankruptcy will not necessarily protect you. The judge does NOT have to grant a med pay lawsuit under a bk protection. You could still have to liquidate assets and pay court and lawyer costs also.

Answer 4

Talk to your insurance company. They can't pay more than your limits on your policy....you chose your limits. If she's not willing to accept the limits, then your insurance company will discuss "what happens next" with you.

Depending on the state you live in, she may have a claim for Underinsured Motorists.

Answer 5

This is a classic example of why I have two times the minimum insurance required. If you are paying for collision on a $8,000 car and you get sued for say $50,000 and you only have $25,000
coverage you will wish for the rest of your life you had dropped collision and doubled your liability.

Much easier to replace an old car than deal with some godamn lawyer for the rest of your life.

PS
A parking lot accident and her claim exceeds your insurance limit? I would go strangle this greedy *****.

Answer 6

Contact an attorney.

Answer 7

Better get an attorney, your probably going to get sued

Answer 8

Get a lawyer, it is going to get ugly