jpeter1093
Recycles dryer sheets
Hypothetically speaking: Let's say you were in an auto accident that turned out to be your fault. Police arrived; the other driver was taken away in an ambulance but was conscious and not bleeding or with obvious issues. No tickets were issued.
2.5 years later; you're served with a summons that you're being sued for pain and suffering. Your auto insurance company's attorney is representing you; you also have an Umbrella policy with the same company.
I know the attorney is really representing the insurance company, do I need my own attorney? Are these types of lawsuits common? What's the typical outcome? If my coverage levels aren't enough to cover the final judgement; can my IRA accounts be taken?
Hypothetically speaking; never been sued before so am a bit anxious.
Thanks, team.
2.5 years later; you're served with a summons that you're being sued for pain and suffering. Your auto insurance company's attorney is representing you; you also have an Umbrella policy with the same company.
I know the attorney is really representing the insurance company, do I need my own attorney? Are these types of lawsuits common? What's the typical outcome? If my coverage levels aren't enough to cover the final judgement; can my IRA accounts be taken?
Hypothetically speaking; never been sued before so am a bit anxious.
Thanks, team.