As a general rule in cases like this, the insurance will offer the policy limits of $250,000, which is all that they are liable for. You do have the option of going to trial and maybe get a judgement, say for $1,000,000. How will you get the $1,000,000? The Defendant probably doesn't have anything to satisfy the judgment or he might file bankruptcy. Additionally, you would have to go to South Africa to satisfy the judgment!
Answered on Jan 22nd, 2020 at 12:59 PM