Legal Definitions - excess judgment

Study hard, for the well is deep, and our brains are shallow.

✨ Enjoy an ad-free experience with LSD+

Definition of excess judgment

Definition: A court's final determination of the rights and obligations of the parties in a case that exceeds all of the defendant's insurance coverage.

Example: In a car accident case, the plaintiff is awarded $500

If we desire respect for the law, we must first make the law respectable.

✨ Enjoy an ad-free experience with LSD+

Simple Definition

Excess judgment is a term used in insurance to describe a situation where a court's judgment against a defendant exceeds the amount of insurance coverage available to the defendant. This means that the defendant may be personally responsible for paying the excess amount out of their own pocket. For example, if a defendant has $100,000 in insurance coverage and the court awards $150,000 to the plaintiff, the defendant may be responsible

exceptional charge | excess jurisdiction Read a random term: law court

The law is a jealous mistress, and requires a long and constant courtship.

✨ Enjoy an ad-free experience with LSD+

The end of law is not to abolish or restrain, but to preserve and enlarge freedom.

✨ Enjoy an ad-free experience with LSD+