Failing To Ask Permission Before Settling Your Florida Car Accident Case Could Cost You Thousands | Orlando Accident Attorney
I thought it would be worthwhile to share this post from Virginia accident attorney, Ben Glass. Ben talks about having to break some bad news to a potential client after learning that she settled her underlying claim against the at-fault driver without seeking permission from her own insurance carrier. By his estimate, the woman lost $100,000 by making this mistake.
Florida law works very similarly, as it applies to settling car accident claims. If you have Uninsured/Underinsured Motorist (UM) coverage on your automobile, and you have any inkling that you may need to make an Underinsured Motorist claim arising out of your car accident (i.e. if you think your overall damages might be more than the liability insurance the at-fault has), you must seek the permission of your automobile insurance company to resolve your claim. Section 627.727, Florida Statutes, sets out the specific manner in which permission must be sought.
If you don’t know, or forget, to seek permission from your UM carrier, and you sign a Release with the at-fault driver’s carrier, you will most likely forfeit your ability to make any UM claim. In a situation like this one, Ben Glass is right — the least you can do is call an experienced Florida personal injury lawyer just to make sure you are not making a mistake.
If you have any question after a Florida car accident, call Winter Park personal injury lawyers Kim Cullen and Robert Hemphill at 407-254-4901, or order a FREE copy of Kim’s book, Asleep At The Wheel: 13 Mistakes The Insurance Company Desperately Hopes You’ll Make After Your Florida Car Accident by clicking here.