$500K Settlement: Supplemental Underinsured Motorist Claim Resolved for New York Passenger
A New York man, Daryle W., has secured a total recovery of $500,000 after being involved in a rear-end collision on January 13, 2019. Daryle was a passenger in a vehicle that was struck from behind at approximately 8:11 p.m. in Manhattan. The driver who caused the accident carried only a $50,000 bodily injury policy, which was accepted as part of the initial recovery.
After exhausting the at-fault driver’s insurance policy, Daryle sought additional compensation through his own Supplemental Underinsured Motorist (SUM) coverage. At the time of the accident, Daryle was in the process of relocating to Florida and held a policy that covered three vehicles, each with $300,000 in SUM benefits. These limits were stacked, giving Daryle access to up to $900,000, less than the $50,000 already recovered from the first settlement.
After over two years of litigation, the case was mediated, and Daryle’s insurance company agreed to settle for an additional $450,000. This brought the total amount recovered to $500,000, compensating Daryle for the significant injuries he sustained in the accident.
If you or a loved one has been involved in a motor vehicle accident and need help navigating the complexities of underinsured motorist claims, visit TrafficAccidents.com for a free, no-risk case evaluation. Let the experts help you understand your rights and pursue the compensation you deserve.
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