Auto Insurance Claims: crosswalk mistake, ac new jersey, complaning

Question
hello i was involved in a crosswalk accident in ac new jersey.I hit a woman in a crosswalk i have been told even though i had the green i am in the wrong.I understand that but now i am wondering if my coverage in enough i have 50000 medical 300000 liability.She has not sued but i expect her to.She is between 40 50 was taken away in the ambulance complaning of a hurting arm and possible leg. I asked the abulance driver if she was ok he said she may have broken arm.I have a home and i am very concerned that my 300000 is not enough. please get back to me it happened tuesday been stressing ever since.No tickets were given i was not drinking i have hands free cellphone it was raining very hard at the time. Hope i gave enough info thank you

Answer
Hi Paul,

There is not much for you to do at this point. You need to be sure you report this to your insurance company. They will handle all negotiations with the injured party or their attorney. If you receive any correspondence from the injured party or their attorney, you need to immediately forward it to your insurance company.

It may be several months before there are any demands presented. Negotiations on these type of claims do not even begin until all treatment has been completed and the injured party has been released from medical care. You should be notified by your insurance company if any demands received will exceed your available coverage. However your insurance company will defend you and will do everything thay can to settle the claim within your policy limit.

So take a deep breath and just go about your regular routine. The may not be anything to worry about and certainly not for quite some time.

I hope this helps
Richard Hixenbaugh