Liability for amount accident claim exceeds insurance coverage

Question Details:

The other driver was fine at the scene but later had a back surgery and hired an attorney. I got a letter from my insurance company to file a demand. My insurance company is going to pay the maximum limit of my policy, which is $25,000. The other party has said that medical bills alone exceed over $75,000 (not including on-going treatments). The funny thing I see is that the other driver got into another collision 4 months later and he is suing the other driver as well.  My question is: (1) do I need to hire a personal lawyer to investigate this case, and (2) am I going to be responsible to pay that huge amount of money that exceeds the limits of my insurance policy?

Asked 11/11/2009 under Auto Accidents | 508 View(s) | More Legal Topics