Q: I'm Owner, adult son at fault for accident. Plaintiffs asking for more than limits on insurance.
Can they sue me for extra money?
A: Plaintiff attorneys often ask for more than policy limits even when we know the case may not be worth that much. So that does not automatically mean the case is worth that much. If the injured party has under-insurance coverage that would be next in line. For them to get money from you personally, they would have to get a jury verdict and then they would have to be able to collect. A judge is not going to make you sell your residence or your vehicle to satisfy a judgement such as this. You would have to have money sitting in a bank account and available. I have never seen anyone choose that option as opposed to taking policy limits. This would be a good thing for you to consult with an attorney about as there are many considerations that must be addressed.
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