So I got into a coup¨¦ accident (fell asleep at the wheel) and totaled my vehicle and ran into a tree on someone else's property. I'm okay, but immediately I've got a intact mess to deal beside the insurance. The tree was still standing, but titled so that it would become a vulnerability if it fell.
Here are some more details:
The tree owner has already salaried for having the tree pulled out,
repairing the wall, and replacing the mailbox. These total: $1,432.20.
Now the tree owner wants to replace the tree. Their estimate is $14,000 installed.
This would place total damages at $15,432.20.
My insurance coverage is one and only 10,000, and that means I would own to pay the difference, which I totally cannot afford self the poor college student that I am.
Am I legally liable to replace that tree?
Answers: Yes you are justifiably liable for the balance. However, your insurance company should not of late accept the estimate from the homeowner. They will any ask for several estimates, or have the estimate reviewed by an expert arborist to take home sure the amount is accurate. If the tree did not have to be replaced, fairly replanted/or fixed(although I do not think i.e. possible if the root system was damaged), they will argue this on your behalf.
You may want to consider increasing your liability margins. Imagine if you totaled a brand new Jaguar. You would really be contained by it deep.
Yep--you are responsible, no concern what limit your insurance coverage is. I would suggest direct negotiation beside the property owner--throw yourself on his mercy as a poor college student. He may relent and forgive the obligation. If he doesn't, invite him to sue for it, as you enjoy no assets to attach and no income to pay. It happen. Yes, you are liable, you damaged the tree. The tree owner have the right to be put back to the style he was up to that time the accident, next to a mature tree. Can your insurance company negotiate on the price? Is it possible for him to return with a younger, smaller tree? If that doesn't work, you'll likely own to set up a payment plan.
Now, RAISE your boundaries. Many accidents very soon are over $10,000 property damage, it doesn't whip much especially since most new cars cost between $20,000-$30,000.
Also incline you bodily injury! You probably have the minimum near too. It is MUCH cheaper to have illustrious limits than to try to pay cheque for damages above your limits out of pocket.
Remember, you are contained by college so you have a pretty moral earning potential after you graduate & insurance companies are massively likely to put judgements & liens against you to income for damages you caused. If you do, you will never procure a loan to buy that new motor, you will never own a home, never have a wall account until the debt is remunerated. Your wages can be garnished too.
Here are some more details:
The tree owner has already salaried for having the tree pulled out,
repairing the wall, and replacing the mailbox. These total: $1,432.20.
Now the tree owner wants to replace the tree. Their estimate is $14,000 installed.
This would place total damages at $15,432.20.
My insurance coverage is one and only 10,000, and that means I would own to pay the difference, which I totally cannot afford self the poor college student that I am.
Am I legally liable to replace that tree?
Answers: Yes you are justifiably liable for the balance. However, your insurance company should not of late accept the estimate from the homeowner. They will any ask for several estimates, or have the estimate reviewed by an expert arborist to take home sure the amount is accurate. If the tree did not have to be replaced, fairly replanted/or fixed(although I do not think i.e. possible if the root system was damaged), they will argue this on your behalf.
You may want to consider increasing your liability margins. Imagine if you totaled a brand new Jaguar. You would really be contained by it deep.
Yep--you are responsible, no concern what limit your insurance coverage is. I would suggest direct negotiation beside the property owner--throw yourself on his mercy as a poor college student. He may relent and forgive the obligation. If he doesn't, invite him to sue for it, as you enjoy no assets to attach and no income to pay. It happen. Yes, you are liable, you damaged the tree. The tree owner have the right to be put back to the style he was up to that time the accident, next to a mature tree. Can your insurance company negotiate on the price? Is it possible for him to return with a younger, smaller tree? If that doesn't work, you'll likely own to set up a payment plan.
Now, RAISE your boundaries. Many accidents very soon are over $10,000 property damage, it doesn't whip much especially since most new cars cost between $20,000-$30,000.
Also incline you bodily injury! You probably have the minimum near too. It is MUCH cheaper to have illustrious limits than to try to pay cheque for damages above your limits out of pocket.
Remember, you are contained by college so you have a pretty moral earning potential after you graduate & insurance companies are massively likely to put judgements & liens against you to income for damages you caused. If you do, you will never procure a loan to buy that new motor, you will never own a home, never have a wall account until the debt is remunerated. Your wages can be garnished too.