Auto Insurance Claims: Ethics, ferraro, insurance company

Question
I was rear ended by a car owned by a car dealer and driven by an employee. I was traveling from Columbus, OH to Atlanta, GA. The accident happened near Lexington, KY. I was injured in the accident too. I could not travel due to my injuries. Both cars were totaled and total damages were $16K. Claims were filed with the dealers insurance and the drivers. A week after the accident the insurance company offered me a 60% settlement on my property plus I would have to sign a waiver. I told them I would think it over and get back to them. I consulted my Insurance company and they said that if the dealership claimed no liability I would not be made whole. I decided to consult a lawyer for advice. At about 330pm on the day of the offer the drivers insurance company called and said after further review there was no coverage under their policy and if I didn't accept their offer I would get nothing. I had no alternative but to accept. I did not have the benefit of council.

Answer
Arnold,

I'm sorry to hear about your situation.  If you accepted their offer and signed a release then you are probably bound by the terms of their offer.

I wish I had better news for you.

If you want to pursue a claim for personal injury then I would contact an attorney as soon as possible to determine if even that is feasible at this point.  My guess is that the release you signed probably also prevents you from bringing a claim for injury.

Best regards,

Ernest Ferraro