My question involves an injury that occurred in the state of: NC
I just was notified of my court date for an accident I was involved in...its in January 2013...medical bills are 63k...case is going to trial for sure...they only are offering 11k only and final offer...my case is rock solid.
After the jury awards their judgment how soon will I be paid???
My lawyer spoke about finding out the policy limit, but he isn't concerned about it or at least disregarded it when i brought it up. Let's say my judgement from a jury is beyond the policy limit...is it safe to say the insurance company would pay the max amount if the judgement is beyond that off the policy limit, but what happens to the excess portion of the judgement??? How is that portion recouped??? For example, let's say the judgement is 120k but the policy limit is 60k...
Hopefully, the particulars of my case make the policy limit null, but I'm totally naive should things be different. Any help or knowledge would be greatly appreciated!!!