Although auto accident settlements do not often exceed policy limits, some circumstances are appropriate to settle at an amount that exceeds policy limits. Where liability is clear, the responsible party may be personally liable for the amount of the judgment that exceeds their policy limit. Where the party has significant assets, for example, when the responsible party is a company, it may be possible to collect compensation in addition to the amount of the policy. An attorney for auto accidents can help you determine if this is an option in your case.