What boggles peoples minds is the fact that a large number of Maryland car accidents that lead to death and disability settle for $100,000 or less. Some settle for $30,000 in case where the liability is clear or even if the defendant was drunk out of his mind.
How to get more than the auto insurance policy limits
How does this happen? In many cases, the key to recovery is finding insurance. You have to know where to look and you have to know how to look. But sometimes there is nothing there even when you look in the right places.
Okay…so how can this happen? Maryland requires that each licensed vehicle be covered by auto insurance of some kind. But the minimum auto liability insurance required is quite low in relation to the potential that a vehicle will inflict harm. Consequently, a driver may be hit by another car that has as little as $30,000 in maximum liability coverage ($15,000 per person/$30,000 per accident). The non-negligent driver may have been severely injured by another driver who has few personal assets, in which case, even prompt payment of the negligent driver’s $30,000 in liability insurance will do little to compensate the severely injured non-negligent driver. As a result, every driver is constantly at risk of being severely injured by an impecunious driver with low policy limits.