insurance face amount
What does it mean when a Insurance Co. say they can only pay the face value of the policy?
Say you were in an accident and you were the passenger. This was the fault of the driver. You are suing their insurance company. It hit a car with 4 people in another vehicle. Everyone is suing for damages. You were the worst of the group. Surgey, therapy, etc. Others have mostly whip whip, back pain, etc. (fraud, probably). Now the insurance co. (the country) said that only pay 100k (nominal value) to all involved pariter. He told the driver for achieving a lawyer because my lawyers will come after him because they are only going to pay 100k. I went to 3 different hospitals had surgery and I just want to express my hospital invoices paid. Now the driver of bills? Any help is appreciated.
The insurance company will not pay more than the policy limit. Bi Liability is always expressed as a fraction. Such as: 50/100 and 100/300. The first number is the maximum per person. This is the maximum to pay any person. No matter how badly you are hurt. No matter what your medical bills are. The maximum per person is the most you can get under this coverage. Thus, if the maximum per person is 50 – (50,000) which is more than one person can get is 50,000. If the maximum per person is 100K – that's the most who can afford a person injured in the accident. A lawyer can not change that. The second number is the amount that can be paid for all injuries. Regardless of the number wounded, by accident, the maximum is the most that can be paid by all. Once again, a lawyer can not change that. If the country is saying that most of those who have to spend on all injuries is 100K that means the maximum per person is 50K. Now – the insurance company can settle with you using a pitch special exercise that will allow underinsured motorist coverage available to you under your policy. sub-uninsured motorist coverage is different in each state. So how does it work when I can be very different from how it works where it is. And, as usually no coverage required by state law. So they can not have. Bring a copy of your insurance policy and your attorney can review and see if you have this coverage. Since you have hired a lawyer and most likely who is paid at least 33% of its liquidation ($ 33,000 if the amount is 100K) – you really need to ask your attorney or the attorney assigned to your case these questions. You are paying your lawyer a very important part of any settlement you get. Since you are paying for their services and knowledge to use them.
Insurance Statement Two
