How does a settlement work in an UNINSURED / UNDER-INSURED case?
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UPDATED: Oct 21, 2011
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Insurance Question from Aumsville, OR
Asked on 10/21/2011
How does a settlement work in an UNINSURED / UNDER-INSURED case? I was in an accident last year- the guy totaled my car & took off.I have never been in a hit & run before. I took an "inconvenance fee" from my uninsured & under-insured motorist part of my policy.Can I still expect compensation after my medical portion is settled?
Answer given on October 21, 2011
I take it that when you said, “inconvenience fee” you mean a small payment for your inconvenience due to the accident. You can still get payment for your medical portion as long as you didn’t sign anything that stated that the fee was your final payment and you relinquish all rights to making any further claims.
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