Auto Insurance: Insurance Company Paid the Policy Limit and Abandoned the Case

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Quoting adjusterjack

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If the claim is worth over 100,000 your insurance company will offer the policy limit of 100,000 but will not give the claimant any money until the claimant signs a release. A release means that they cannot sue you for any additional money.

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I know insurance is your thing, but this isn't quite what happened to a friend of mine. Once the insurance company decided to pay the policy limit, it wrote a check, fired the attorney, and told my friend he was on his own to negotiate the remainder. My friend then paid $5K to an attorney and another $50K to settle, and it was only at this phase that any release was signed that would stop the bleeding.

Auto Insurance: Insurance Company Paid the Policy Limit and Abandoned the Case