Really this is just a hypothetical question (knock on wood) but im renewing my auto insurance policy and i have the option to increase it from the current coverage to a much higher one for a sensible amount more per policy..
but i was just wondering, if you get into an accident that is your fault, and the other party suffers a death or is injured and later ends up dying, where does insurance gets involved and where do they draw the line?
what happens if the other party sues you for the death, i dont know let say million dollars? wrongful death? (im not sure if this term only refers to those accidents caused by negligence , not just a regular accident)
so if the other party's member dies in the hospital, let say their costs were $200,000 for the hospital, and then later he dies , so they sue you for 1 million.
what happens here? im not really too knowledgeable about this stuff, but whenever i do this stuff i always wonder about these things.
thanks
but i was just wondering, if you get into an accident that is your fault, and the other party suffers a death or is injured and later ends up dying, where does insurance gets involved and where do they draw the line?
what happens if the other party sues you for the death, i dont know let say million dollars? wrongful death? (im not sure if this term only refers to those accidents caused by negligence , not just a regular accident)
so if the other party's member dies in the hospital, let say their costs were $200,000 for the hospital, and then later he dies , so they sue you for 1 million.
what happens here? im not really too knowledgeable about this stuff, but whenever i do this stuff i always wonder about these things.
thanks