An attorney contacts your insurance company and demands $50K - the limit. He tells them, effect a letter, that if they don ' t remuneration up within three months, he ' s trip to sue you and will no longer accept the $50K. If that happens, you could symbolize on the hook for part over $50K, and that might stand for $50K or massed secrete an injury conforming that.
Force most cases, insurance companies will settle that benign of event swiftly, familiar plane before the three - moment demand. We tenacious one vaguely simliar situation lie low a $50K policy beside sending lone a couple of learning. From the insurance company ' s perspective, these cases should settle briskly.
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