My wife's Civic just got sandwiched in between 2 Ford F250s a couple of weeks ago...her car was total, no damage to the trucks. All we get is market value of the car, approx $5 grand. We met with a lawyer to see how much we could sue the rear truck's insurance company for, and because it was a small no-name insurance company, we were told that it would be difficult.
If the driver only had collision coverage for $15,000 that is the max we could hope to get, but more realistically only $4,000. So what am I paying full coverage for?!?! If my insurance has to pay someone else because of my fault, I should have the lowest coverage possible to get lower rates. On the other hand, any kind of coverage that I will get payment for (other driver is uninsured, etc) should be fully covered.
I'm currently in the process of reviewing my policies and in the end, switching to another company.
Owen