Quote:
Originally Posted by kkingston57
Last line is somewhat true. If you had bad injuries or died, the insurance company should voluntarily pay you the limit if it is 300K. If your claim is worth <300k the attorney will use his/her expertise to get you the value of the claim and protect you in the settlement. Insurance companies can match the limit. If you have 500K in liability coverage you can buy UM up to 500K
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Even $500K in personal liability is hard to find. I have $1 million in personal liability with State Farm, but I had to shop around to get it. Geico would only offer me $250K in liability coverage. These insurance companies want to make a quick profit on low coverage policies.