@jdegasperis_esq: If a #judge awards a #settlement more than the policy limit, where does the rest of that money come from? #Personalinjury #lawyer #attorney #caraccident #law #personalinjurylawyer #lawfirm #accident #legal #lawyers #justice #lawyerlife #personalinjuryattorney #lawyersoftiktok #injury #attorneys #slipandfall #litigation #autoaccident #attorneyatlaw #car #insurance #carcrash #criminaldefense #lawschool #attorneylife #lawsuit #personalinjurylaw #newyork #newyorklawyer

John A. DeGasperis - Attorney
John A. DeGasperis - Attorney
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Region: US
Sunday 06 July 2025 20:30:37 GMT
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bkhunter122
user7532094601962 :
When you hear lawyers on commercials say we got 1.5 million for auto accident they are really saying my client will never get anything.
2025-07-06 21:49:06
32
mike.carinci
Mike Carinci :
This is why when I sold insurance I used to beg and plead my clients to buy more then the state minimum cause that doesn’t even come close to covering enough
2025-07-06 21:38:50
9
rafasalmon82
Ralph Salmon :
The court can freeze all assets & attach property to judgement.
2025-07-08 00:11:45
5
thecranberrysauce221
The Amazing Cranberry Sauce :
In some circumstances you can get the insurance company on the hook (im unsure if this applies in NY but it does in CA) if they have bad faith and refuse to offer policy limits and take you to trial, they can be on the hook for the difference.
2025-07-07 01:09:58
2
carl2682tyw
carlkalderon :
I’m currently suing a company who has company insurance because a driver hit me. Can I sue for more than the policy limits and will I get it?
2025-07-07 06:14:06
1
tylerrand94
tylerrand94 :
If you had originally asked for policy limits and it goes to trial and you are awarded more than the limits, wouldn’t the insurance company be responsible for the difference?
2025-07-06 20:47:50
1
johnq621
Juantoma951 :
Thank god, I have 150k limit. God, I hope that’s enough
2025-07-12 23:57:30
0
agentearl
earljones :
This is why I always offer higher liability limits!!!!
2025-07-12 14:29:00
0
user4172201268609
user4172201268609 :
What if the defendant files bankruptcy? Do you still get paid?
2025-07-11 01:48:00
0
stlguy636
Stlguy636 :
Will bankruptcy get rid of that?
2025-07-09 10:04:14
0
gab90753
Gab90753 :
Can they garnish someone social security
2025-07-09 07:29:31
0
jayrock10513
Jay Rock :
What happens when a company that looses a lawsuit hides their assets?
2025-07-09 01:55:26
0
tkdgeek
tkdgeek :
A judge can't award a "settlement," only a judgement.
2025-07-08 00:48:05
0
joneldridge51
Jon Eldridge :
ok what happens if the defendant passes away before the balance is paid? do you go after the estate
2025-07-07 16:53:24
0
batrice.law.firm
Batrice Law Firm :
👏👏
2025-07-07 16:24:52
0
user8564634353
User812465 :
Thats what happend to Rudy gullianu
2025-07-07 16:12:16
0
user5ndc8im5ae
What? Dumb luck :
Can delays and unforeseen obstacles an exception that can result in the attorney itemizing costs in excess of the state maximum %?
2025-07-07 12:37:43
0
lawmikef
Michael F. :
Had a case recently where my client got out before trial on summary judgment. Plaintiff got a 13 million verdict as remaining defendants. Only 1 million in coverage. No assets.
2025-07-07 11:31:34
0
mentalllllllllllllllllll
Conqueror :
what if you have no assets 😂
2025-07-07 05:34:49
0
bella1ruby2
user4493953311041 :
Do you actually collect the excess judgement?
2025-07-07 05:05:52
0
item9_nine
Item9_nine :
how does this apply to Jordan Belfort? @The Wolf of Wall Street
2025-07-07 04:58:46
0
bradswain72
Tree wrangler :
Go beyond my policy limit, then it becomes personal.
2025-07-07 03:48:35
0
nickcatal
NickCat :
How often does that realistically happen? Most people have a negative net worth or their only real asset is the equity on their home. Seems like a stretch that a judge is going to give someone someone else’s house?
2025-07-07 02:01:10
0
maverick08084u
Heidi Ho :
Would your own SUM coverage kick in before having to go after the offending party's assets?
2025-07-07 00:46:35
0
somedude_1337
Somedude1337 :
Unless the plaintiff offered to settle for policy limits and insurer refused, then they can busy the policy wide open and they may be on the hook for the excess amount too
2025-07-06 22:52:04
0
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