QUESTION
If damages exceed the policy limit of the at fault, insurance refuse it and the jury awards five times the limit, who pays, the insurer or insured?
Asked on Apr 15th, 2013 on Personal Injury - Texas
1 ANSWER
Andrew Traub
If you gave them a demand pre-suit which meets certain criteria, then the insurance company may be liable not only for the excess judgment but also for punitive damages.
Answered on Apr 17th, 2013 at 8:09 PM