Legal Question in Personal Injury in North Carolina
A partner at my company was involved in an auto accident where the other
driver was at-fault, but underinsured. Our Ins. Co. is covering the totaled out vehicle. Agreement was reached on the value with our provider. The lien holder required an amount some $2000 above the payoff value to release the title to our insurance co. Is that legal in the State of NC? Thank You for a response.
Asked on 2/21/15, 11:41 am
1 Answer from Attorneys
Lynn Coleman
Attorney-Mediator
Not enough details to be able to tell. Consult an attorney experienced in insurance law with a copy of your insurance policy.
Answered on 2/21/15, 4:41 pm