Liability Limit Trace: (Auto, Commercial, Home, Umbrella)
Scenario: You have just accepted a new client who was involved in a motor vehicle accident in which they are not at-fault. The police report indicates that the at-fault party has auto insurance with ABC Insurance. However, your pre-litigation attempts to determine policy limits from ABC Insurance have been unanswered. While you certainly can file suit and obtain the information in the discovery process, there are costs and time associated. Moreover, for strategic reasons, you may find it advantageous to have the policy liability limits during settlement attempts and prior to litigation.