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What happens when you get into an auto accident that is your fault and the demands of the other drivers claim is higher than your liability limit on your insurance?
Wiki User
∙ 16y ago
The other driver has a right to sue you to recover any damages not covered by the insurance. It could mean a lien against you and against any property you own. If you have nothing thay can take, let them sue. They can't get blood out of a stone and they can't take what you don't own.
Wiki User
∙ 16y ago
If the other driver's claim exceeds your liability limit, you may be personally responsible for paying the difference. This could involve using personal assets or savings to cover the additional costs. In such situations, it's advisable to consider purchasing higher liability limits or an umbrella insurance policy for added protection.
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Drivers become subject to the liability insurance law when accident damages amount to how much?
Drivers become subject to the liability insurance law when accident damages amount to a state-specific threshold, commonly set at around $500. This means that drivers must carry liability insurance coverage to pay for damages they cause in an accident, once the threshold is reached.
What is the law on auto liability insurance in Tennessee?
In Tennessee, drivers are required to carry auto liability insurance that meets the state's minimum coverage requirements. The minimum liability coverage limits in Tennessee are 25/50/15, which means $25,000 for bodily injury per person, $50,000 for bodily injury per accident, and $15,000 for property damage per accident. Failure to carry the minimum required liability insurance may result in penalties such as fines, license suspension, or vehicle registration suspension.
True or False If you are in crash where you are at fault and injuries have occurred the Financial Responsibility Law requires you to have bodily injury insurance?
True. In most states, the Financial Responsibility Law requires drivers to have bodily injury liability insurance if they are involved in a crash where they are at fault and injuries have occurred. This insurance helps cover the medical expenses of the other party involved in the accident.
Is it illegal to not have car insurance if you live in Georgia?
Yes, it is illegal to drive without car insurance in Georgia. All drivers in the state are required to have a minimum amount of liability insurance coverage. Failure to have insurance can result in fines, license suspension, and other penalties.
Are Texas car insurance laws any different than the laws that most states have?
Yes, Texas car insurance laws have some unique requirements compared to other states. In Texas, drivers are required to carry liability insurance with specific minimum coverage amounts, and the state also offers a system called "protection against uninsured motorists." Additionally, Texas allows for the option of purchasing personal injury protection (PIP) coverage as part of an auto insurance policy.
How do you use liability in a sentence?
The injury made him a liability to the squad. Liability insurance will normally pay claims by other drivers if you have an accident.
If you are involved in an accident and have auto liability insurance and the other driver does not what are your rights?
Liability insurance for drivers is a requirement in the state of Mississippi. The other party involved in this accident does not have insurance. I do have liability insurance. The accident was not reported although law enforcement was called and an accident report was completed. The other party now wants me to fix her automobile. What are my rights in this situation?
Drivers become subject to the liability insurance law when accident damages amount to?
You are subject to liability insurance requirements whether or not an accident occurs. An accident has nothing to do with liability requirements. You are required to have liability insurance of at least the minimum required by your state before getting into a vehicle and driving it. Driving is what triggers the law.
Driver bacome subject to the liability insurance law when accident damages amount to?
The amount of a claim from an accident has no bearing on the drivers legal requirement for financial responsibility. All drivers are required to carry financial responsibility before they drive. whether or not they have had an accident
What are the legallly-required car insurance minimums for drivers in the state of Connecticut?
Drivers in the state of Connecticut are required to carry the minimum limits of auto insurance liability at all times. Those limits are $20,000 maximum bodily injury for one person injured in an accident, $40,000 maximum for all injuries in an accident, $10,000 maximum property damage liability for one accident, and $20,000/$40,000 combined bodily injury maximum for one accident.
Is liability car insurance a requirement for MA drivers?
Yes, liability car insurance is a requirement for Massachusetts drivers. The minimum requirements are 20/40/5.
How do you get auto insurance for accident prone drivers?
You get auto insurance for accident prone drivers the same way as normal drivers. You will need to provide relevant car details and your driving history information and then receive insurance policy quotes. Insurance premiums for accident prone drivers are generally much higher.
Can you buy liability insurance without a drivers license in Texas?
It depends on what type of liability insurance you need. Contact an agent in your area.
Drivers With No Insurance?
Winding mountain roads, flooding rains and coal miners are only a few of the things that drivers in West Virginia have to deal with. They also have to deal with insurance rates. The best thing for drivers in the state to do is to look online for the most affordable insurance rates they can find. Car insurance is not just something that drivers can choose to have if they want to take it out. Car insurance is a requirement if drivers have a car. One of the things that are different about this area of the country is that Virginia does not make drivers have liability insurance. This means that there are plenty of drivers who are in West Virginia who may not have insurance coverage if they are involved in a car accident. Uninsured motorist coverage is a must for drivers in West Virginia in the event that they are in an accident with someone from a state that does not require their residents to have liability insurance. If an accident is the fault of the driver, their insurance policy will be responsible for the damages of themselves and others who are in the accident. A minimum of $20,000 for one person involved in an accident and $40,000 for multiple people who are in an accident is required by the state. Since there could be drivers who do not have insurance driving on the roads in West Virginia, it is recommended by insurance companies to get have more than the minimum coverage. Comprehensive and collision insurance are not required in the state, but they are two things that should be considered by drivers because of the conditions the roads can get in and other people who are driving. West Virginia is one of the states that are seeing a decrease in insurance rates. Drivers are being more careful when it comes to the rules of the road, and they are saving money by driving safely. Insurance rates are still at over $2,000, which is above the national average. Before purchasing an insurance policy, drivers should compare several different policies to get the most affordable rates possible.
What does Excess Liability insurance cover me for?
Excess liability coverage is designed to cover drivers who may have been involved in an auto accident and the injuries or bills exceed the insurance policy. It's kind of like your back up amount and can give you a little extra cushion and coverage.
What if you have no liability insurance and have an accident?
Well, generally you get a fine (ticket) to pay, Most states will now confiscate your vehicle and suspend your drivers license. If you were at fault in the accident you can also be sued by the other driver and any passengers that were injured.
If you loan your car which has liability insurance to a friend and he has an accident can other drivers sue you?
This depends on the state. In California if you loan a friend your vehicle and he kills someone with it, then you are also charged with manslaughter!
