Legal Question in Insurance Law in Maryland
Insurance payment problem
In January 2003, I suffered a hit and run accident while I was not occupying my vehicle. I notified my insurance company who estimated and issued me a check minus my deductable for the damages.
A week after. The hit and run perpetrator was located, and his insurance company also estimated and issued me a check.
8 months later , today, 9/26/03, I recived a letter from my Insurance company (who I had left when I moved out of state in March 2003) , demanding their payment for damages back.
Is this correct? Are there any statutes for their demand based on the length of time passed? Thank you.
2 Answers from Attorneys
Re: Insurance payment problem
You owe them the money. You are not entitled to a double recovery. The statute of limitations would be (in MD) no less than 3 years.
Re: Insurance payment problem
You owe them the money. To withhold the money would be an action of conversion at a minimum.
Depending on the action that the insurance company chose to sue upon, they may have up to 12 years to collect.
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