What happens if I injured someone in a Florida car accident and the insurance company refused to settle within my policy limits then a jury awards damages in excess of my policy limits?
Depending upon the circumstance, your own insurance company may have committed bad faith in handling your claim. They may have received a timely demand letter and they may have opted not to pay policy limits. If that is the case, you could pursue a bad faith claim against your own insurance company. However if your own insurance company is deemed not to have committed bad faith, then you would be responsible for the excess verdict.