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Cars and Transportation
Reply to "Car accident-need advice pls"
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[quote=Anonymous]Virginia has the collateral source rule, which means his insurance coverage is irrelevant--whatever is paid out for him--from health insurance, any personal disability coverage, etc.--inures to his benefit, and not yours. They will subrogate out of his settlement. That said, I am pretty sure Virginia is also a contributory negligence state, so perhaps your insurance carrier should work that angle. Unclear to me if he had the last clear chance to avoid the accident. 250K is NOT enough coverage. A rule of thumb is medical costs (not deducting anything for what their insurance will pay in VA), plus three times that for pain and suffering, plus lost wages. Why is your coverage so low? [/quote]
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