I was at fault for a car accident about a month ago. I smashed into the side of a trailer. No one was injured. My car scratched the machine on board and might or might not cause a real damage. I was unable to take pictures after the collision. The other driver just claimed that he wants $60,000 for fixing the machine on board and the fee for unable to lease it. He claimed that he will get $4000 per week for leasing the machine. My insurance only covers $15,000. My insurance company told me that they are trying to let the person accept $15,000 compensation. We have the same insurance company.
The other driver does not have to settle for the $15,000. You may have to consider taking steps to protect your assets, or even bankruptcy, due to the minimum coverage that you purchased.
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