Dear Shermeen,
Just because the at-fault driver's insurance company is insolvent does not mean that you don't have a chance for recovery. However, it can make settlement of your claim more difficult, and your recovery may be limited. You must file a lawsuit within two years of the date of the accident, or you risk forfeiting your claim altogether.
Chip Clark
Answered on Apr 18th, 2016 at 11:01 AM