The Indian Business Owner TIBO Magazine - Volume 001 | Página 14

How Much Insurance Coverage
Do You Really Need?
One of the worst conversations I have in my personal
injury practice is when my client is liable for an
accident but does not have enough insurance coverage
to pay for the damages. The two stories go like this:

limit of $15,000 and now the other side is asking for
more money. My insurance company is not helping
me much and told me that the other side is making a
demand for more. What should I do?”

Scenario 1.

Scenario 2.

“I was involved in a major car accident and I truly
was at fault. I only had the California minimum

“My trucking company was involved in a fatal
accident and the other person died. I don’t think my

12 |TIBO Magazine - Fall 2016

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