Post: liablity in auto accident
Posted by paniced parent on 4/14/05
My son was in an accident where he was sited for running a red light. He was driving a car that is in our name he is insured under our ins. as the primary driver of that vehicle. We only had liabiality and uninsured and underinsured on the vehicle. Our ins. company explained the claim will probably exceed the limits of the policy because one of the occupants are still hospitalized. We donot have any other umberella policy's. We have about $50K equity in our personal home and no other assets. What other finacial resposibility might our family face toward the damages for this claim.
Posts on this thread, including this one
- liablity in auto accident, 4/14/05, by paniced parent.
- Re: liablity in auto accident, 4/14/05, by Curmudgeon.
- Re: liablity in auto accident, 4/15/05, by v.
- Re: liablity in auto accident It passed, 4/15/05, by v.
- Re: liablity in auto accident It passed, 4/28/05, by Name not important .
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