I got a letter from other person's insurance that i owed
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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