Legal Question in Insurance Law in Florida
Insurnace limits
Does having a lawyer represent you enable a larger settlement from an insurnace company (or is the insurance company only liable for the maximum amount that was insured?) My daughter was a passenger in a car that was struck by a DUI limo driver. The driver has minimal insurnace coverage, and the owner of the limo company cannot be found. Does having a lawyer represent us enable a larger settlement with our own insurnace company or are we better off getting it ourselves? Is the insurnace company only able to pay us the amt that was insured?
1 Answer from Attorneys
Re: Insurnace limits
Generally speaking having a lawyer means a better settlement but if the policy on the driver is only $10,000 that is the most you can get with or without a lawyer.Your own insurance coverage again depends on the size of your uninsured motorist coverage. Do you have stacked coverage on two or more cars? A lawyer might help you find the limo owner. If the total coverage is severely limited you may want to have the atty work on an hourly fee or a flat fee for advice rather than a percentage.
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