I live in Florida and was involved in a car accident. If I lose the case, can they take my house which I own free and clear if the settlement is more than my insurance covers or does my Homesstead protect my home from this judgement?
1 Answer from Attorneys
Homestead is exempt from collection. If you are concerned about an excess judgment, you should retain a separate lawyer to oversee the lawsuit. Your interests and the insurance company interest many differ.