Q: I have $15,000 in property damage. I caused an accident and the damage is more. Can I get sued?
A: Your insurance company has an obligation to settle within your policy limits, if they can. If they do, then the other parties will sign a release and you will not be responsible. If the other parties will not accept this, they could sue you. Your insurance company would pay the first $15,000 and you would be responsible for the difference.