Some people are unaware that the ‘full’ insurance we obtain on car rental in the USA does not have unlimited liability cover, the Sli/Lsi limit is typically $1million.

Should you be found liable in an accident where, say, a high earning individual with dependants was maimed or killed, the award against you could be considerably in excess of $1 million.

My understanding is that should this happen, the insurance company will attempt to get an order against your assets.

The questions:

Is the above correct?

If you have rented a car in your name, and a named driver has an accident as above, what is the position?