Quote:
Originally Posted by mitama
Hi guys!
I had an accident back in April and i only liability insurance that covers $15000 for bodily injury and $5000 for property damage
I paid $13000 to fix my car, and now the other person (who i hit) insurance company sent me a letter saying they paid $12,000 which includes their insured' deductible.
And they are saying they have been informed that their claim exceeds my policy limit, therefore leaving a balance owed by me directly...
Do I really have to pay this..?
I mean.. it seems this insurance company is trying to make up their loss from me. Is this right way to do?
Please advise. Im frustrated.
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Don't ignore it. Forward the letter to your insurance agent asap, and do not discuss policy limits with the other person or their insurance company. Ask your insurance company what they will be doing to address the situation. If you are unsatisfied with their response, consider seeking legal counsel to protect your interests.