I was in a road accident in which I was at fault. The other person was injured. They have filed personal injury claim and hired a lawyer. Their lawyer sent a policy limit demand letter to my auto insurance. The letter says their medical bills go way over $100k but my auto insurance will only pay out $25k. Will the claimant go after me for the rest over $25k? The letter doesn’t explicitly say they want the full amount from me, it’s (like I said) a policy demand letter and it’s seems like they just want the insurance to pay the $25k. I don’t have $75k + dollars to pay if they want the larger amount. I have a couple thousand dollars to my name. What will happen if they want more than the $25k my auto insurance is paying out?
AND should I hire a lawyer or let my auto insurance handle this? What type of lawyer would I even hire?
Location: Georgia
Edit: grammar