Answer

Your only remedy is through your uninsured motorist policy or to sue him if he has money and collect from him. You should have notified your insurance company about this. Once you make a deal with him for payment you would be stuck by it. You should turn it over to your insurer if you have uninsured motorist, if not you would need to sue him to secure some court ordered award or settlement, but if he takes off and you cannot find him later, you will still have little luck in collecting.

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