Results 1 to 3 of 3
  1. #1
    Join Date
    Jun 2009
    Posts
    2

    Question After Accident, Other Party's Insurance Seeking Compensation

    My question involves insurance law for the state of: Florida

    In summer 2008 I was involved in the accident and yesterday I have received a letter in my mail from another party's insurance company claiming a compensation.

    (a) Accident
    It was an accident without any valid witnesses. I am truthfully claiming that he ran a red light, he is claiming that I did. It was an intersection with a traffic light, I needed to make a left and another driver was heading towards me. I waited till I have a green arrow, then proceeded to make my maneuver when I was hit by his car on my right side. Both cars were totaled, mine was worth about $20k, his - about $100k. On my insurance coverage, I had a limit of my liability coverage of $10k. Both of us were insured with different companies.

    (b) Claims
    After the accident, I talked to my insurance representative, who was handling my case, and he told me that since there were no witnesses and I was making a turn while he was going straight, the accident will likely to be considered at my fault (The police officer on the site of an accident could not determine who was at fault, so no tickets were issued)
    When asked what that might mean to me, I was told that my insurance company will agree that it is my fault and pay his insurance company $10k as per my limit. I then asked if I will be responsible for the difference, and I was told that his insurance will not claim the difference and they "would have to eat the difference" (exact quote).

    However, as I've said before, his insurance company recently sent me a letter, saying that I owe them $90k since my coverage is limited.

    I was wondering what should I do?
    And as a separate question, what can they do to claim the monies from me? What are their limitations?
    I know that ignoring the issue is normally a stupid tactics, but are consequences if I do not respond to their mail?

    Thank you.

  2. #2
    Join Date
    Jan 2006
    Posts
    38,439

    Default Re: After Accident, Other Party's Insurance Seeking Compensation

    =sob;323740]
    And as a separate question, what can they do to claim the monies from me?
    sue you and seek a judgment for the 90k.

    What are their limitations?
    ??????


    I know that ignoring the issue is normally a stupid tactics, but are consequences if I do not respond to their mail?
    getting sued, which, unless you toss the cash their way, is most likely going to happen anyway.

    find an attorney to review your case. Without one, you will owe then $90k. With one, you may still but at least have an attorney review the situation to see if there is any defense for you.

  3. #3
    Join Date
    Jun 2009
    Posts
    2

    Default Re: After Accident, Other Party's Insurance Seeking Compensation

    Thank you for your time.

    When asked about their limitations, I meant what exactly can they do. I'm a young student, I do not own any property/funds/etc (other than personal things) and do not have any legal income. What could they be going for? My future salaries?
    As far as I understand, owing monies is not a criminal offense, correct me if I am wrong?

    What kind of lawyer should I look for? Almost every single one I come across deals with personal injuries.

    Thank you again.

    1. Sponsored Links
       

Similar Threads

  1. Got into an Car Accident and the Other Party Has No Insurance and Driver's License
    By msagustin in forum Moving Violations, Parking and Traffic Tickets
    Replies: 1
    Last Post: 08-14-2010, 08:08 AM
  2. Valid Compensation Claim in Spite of Severance from 3rd Party
    By johngault in forum Independent Contractors
    Replies: 2
    Last Post: 05-06-2009, 11:57 AM
  3. Determination of Fault: Accident Without Insurance - Just Got a Bill from Other Party's Insurance Company
    By DangerDan in forum Moving Violations, Parking and Traffic Tickets
    Replies: 1
    Last Post: 03-14-2009, 10:56 AM
  4. Auto Insurance: First Party Insurance Issues after Michigan Auto Accident
    By OuCollegeChic85 in forum Insurance Law
    Replies: 3
    Last Post: 05-02-2006, 07:25 AM
  5. Worker's Compensation Recovery Against Third Party Lawsuit
    By Miracle02 in forum Worker's Compensation
    Replies: 3
    Last Post: 03-12-2005, 03:36 PM
 
 
Sponsored Links

Legal Help, Information and Resources