Legal Question in Personal Injury in Missouri
''Insurance libility limits ?''
is it true that the victim of an Auto accident
is only intitled to ''compensation for suffering''
within the limits of the insured's policy, regardless of the victims losses ?
Example: My son was a passenger in the back seat of a friends car .
A drunk driver in a truck hit the car in front of them and went airborn, turned upside down , then dropped on my son's friend's car.
My son was the worse injured. the dr.'s replaced his eye socket, cheekbone and jaw bone with titanium.
my son's lawyer claims that the drunk driver's insurance company had filed some document with the court claiming that they are only liable for $25,000.00 regardless of real loss to my son !
What's up with that?????????
1 Answer from Attorneys
Re: ''Insurance libility limits ?''
Apparently the insurance company for the truck owner or driver has a policy in force with a $25,000.00 limit. In a case such as yours, that company may be able to submit that amount in full payment of their financial obligation. The company may also have a contractual duty to continue to defend the insured. If the injuries involved are worth more than the policy limits, the injured party may still recover from the individual or company responsible for the injury in an amount in excess of the $25,000.00 to be paid by the insurance company. In some cases there are also other insurance policies which may be applied.
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