QuestionThanks for the answer. I live in California and yes the property damage liability is very low ($5000). I was suprised as well when I asked the other insurer.
Subject property damage liability
Question My wife was involved in accident where the other driver is at fault. My wife's car was considered totaled as the repair costs exceed the value of the vehicle. They estimated that the vehicle is worth $11,000, but the other person is only insured for $5000 max for property damage. I do have uninsured motorists property damage liability coverage up to $3500 as I do not have collision coverage on my wife's car. Could I file a claim with my insurance co. to recoup another $3500 and then sue the other driver for the remaining amount of $2500 that is not covered?
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Answer If your state allows underinsured to be covered as part of your uninsured motorist coverage, then this sounds like a good plan.
Honestly, I'm quite surprised to learn of these extremely low limits. What state do you live in?
Most states have am minimum liability and uninsured limit closer to $25,000.
AnswerDear Tae,
This appears to be a follow-up question for another expert. Perhaps you may wish to readdress it to him so he can finish discussion of your case. If you cannot find that expert again, come back to me with the full original question and the full orginal answer and I will take over from there.
Best wishes,
Dr. Settlement, J.D. (Juris Doctor)
www.SettlementCentral.Com
