2007-12-21 14:20:30 · 7 answers · asked by agentrandy 1 in Cars & Transportation ➔ Insurance & Registration
No. Once the insurance company settles they are done, however, the other party can sue you in civil court. Your own insurance company will likely defend you if that happens (unlikely...)
2007-12-21 16:15:51 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Yes they can. If someone incurred a medical bill of $30,000 due to a driving accident you caused and your limits of liability only covers up to $15,000, you are liable for the balance and the claimant can take you to court. If you own a property, the judge may put a lien on your property until the judgment is satisfied. The insurance company will offer a settlement if they feel that prolonging a case will cost more and it is within the limits of your coverage.
2007-12-22 19:43:14 · answer #2 · answered by nightroddude 2 · 0⤊ 0⤋
If they take the insurance money they have to sign a paper that says they will not sue for anymore damages.
The person can choose not to take the settlement ad go after the owner of the car civilly.
My brother was a passenger in a major car crash where he wracked up major bills. Since we have been dealing with a lawyer I know for a fact that you can't sue if you get insurance money.
2007-12-21 15:55:59 · answer #3 · answered by walkerhound03 5 · 0⤊ 1⤋
Usually not - the insurance company will usually require a release of claims against you.
2007-12-21 15:26:07 · answer #4 · answered by Boots 7 · 0⤊ 0⤋
yes they are just settling with the person anything that exceeds your policy limits you can be brought to court
2007-12-21 15:24:12 · answer #5 · answered by =) 2 · 0⤊ 1⤋
Yes. If their losses are more than the limit of your policy for example, they can come after you for any balance.
2007-12-21 14:33:05 · answer #6 · answered by oklatom 7 · 0⤊ 1⤋
Yes, they can. That is why you must make sure that the settlement agreement says that they cannot.
2007-12-21 20:36:06 · answer #7 · answered by Anonymous · 0⤊ 0⤋