Question about car insurance

falconx88

Senior member
May 18, 2000
351
0
0
if you got into an accident and it was your fault..

and the other party sues u for 5 million dollars...

your insurance company represents you at the trial and they

settle the case for $500,000 but the maxium of your insurance policy will

pay is $30,000. Does that mean the insurance company can take the house

and car of the policy holder of the car inorder to pay the other party...even if you are not the policy holder of the car?