Quote:
Originally Posted by NachoMama
If I had to sue the insurance company (I would be suing the insurance company, not myself) I would much rather get 70% of $300,000 - which would be a net $210,000 - than to have chosen ahead of time to get ZERO.
My auto agent can tell dozens of stories about people who were in accidents, and the claim adjusters paid them a fair amount from the uninsured motorist coverage without the need to involve lawyers..
|
Even if you get a UM settlement for $210K, you probably won't be able to keep it. As another poster pointed out, Medicare or your health insurance company will attach a lien on any UM payouts to reimburse them for your medical treatment, which is also covered by UM insurance.
And, yes, a claim adjuster will authorize a payment for documented medical bills for someone who has inadequate health insurance. But, a claim for "pain and suffering" would not be authorized by a claim adjuster.