Negotiating with insurance Adjustor - Maryland

[ecmst12]

Minimum PD in MD is 15k, so if they have 25k PD they probably have more then minimum BI also.

When making a BI claim, you have to pay, or get your PIP/health insurance to pay, your medical bills as you accrue them. Then, when your treatment is done, you send all the bills to the insurance company, tell them you want that much for bills, plus whatever your lost wages are, plus whatever you think is fair for pain and suffering. If they agree to your demand, you take the money. If not, you consult a lawyer and see if they think they can get you enough over your initial offer to make it worth hiring them. Remember you will have to pay your health insurance back (but not, I don't think, your PIP coverage) for anything they pay out relating to the accident, and they will probably require proof that your PIP has been exhausted.

BTW, they will probably not volunteer the BI limits. I was told never to give those out at work. They'd need a subpeona to force us to reveal them and if the claim is at that stage (in litigation), I'm not handling it anymore (especially since I don't deal with injury claims at all now).

 

[graci]

I am going to call my insurance to find out what other person's BI are.

 

[ecmst12]

Your insurance probably doesn't know either.

 

[graci]

Is it ok to call the adjustor of the other person's insurance company and find out?

 

[ecmst12]

You can always ask, I just don't think they'll tell you, they are not required to do so without a court order. But it never hurts to try Either way though, it's probably MORE than enough for your purposes.

 

[You Are Guilty]

Just to clear one thing up - while I agree they will probably not voluntarily reveal the policy limits pre-litigation, once (if) the case is in suit, there is no need for a court order or subpoena to get that information. It falls under the discovery obligations and can be obtained by a simple demand, along with a copy of the actual policy.

 

[Country Living]

Reasons you don't disclose your coverage limits

My favorite story is from several years ago when young drivers, both cars insured with our company, were in a pretty bad traffic accident. Insured 1 was obviously at fault. Insured 1and Insured 2 dads were talking while waiting for the police officer to finish with the investigation and the topic of insurance came up. Insured 2 (the not-at-fault) dad casually asked Insured 1 dad, since they were both insured with XXX company, did he have an umbrella policy? Insured 1 proudly stated he did.

Can anyone guess the rest of the story?

 

[moburkes]

My favorite story is from several years ago when young drivers, both cars insured with our company, were in a pretty bad traffic accident. Insured 1 was obviously at fault. Insured 1and Insured 2 dads were talking while waiting for the police officer to finish with the investigation and the topic of insurance came up. Insured 2 (the not-at-fault) dad casually asked Insured 1 dad, since they were both insured with XXX company, did he have an umbrella policy? Insured 1 proudly stated he did.

Can anyone guess the rest of the story?

Oh, because they starting reaching for the sky.