Five years ago, Mike Tomars was rear-ended in a tractor-trailer accident
that inflicted him with life-altering injuries. Tomars, 55-years-old, sustained a fractured skull that prevents him from working, being in crowds, bright lights, or reading for more than a short period of time. The trucking company settled with Tomars for $300,000 above their $1 million insurance policy limit, but after fees and other expenses related to the case, including reimbursing some insurance payments, he received $600,000. Tomas and his family believe he will have to rely on public assistance in the future due to his expenses for long-term care.
Tomars and his attorney, Sheila Donnelly-Coyne, are urging federal agencies to raise the requirements for commercial truck insurance. Typically large freight trucks are required to carry liability insurance in the amount of $750,000. This amount was established in 1985 and has not increased in the past 30 years. If the insurance minimum increased with the rise of medical costs, in 2013 the required minimum coverage would have been $3.2 million, according to the Federal Motor Carrier Safety Administration. Those opposed argue that catastrophic trucking accidents are rare and that raising the limit will raise the rate making it unaffordable for many companies. Peter Kestner, an attorney in favor for the increase, believes if companies aren’t paying for the higher insurance policies than they may not be paying to maintain their trucks that could lead to an auto accident
If you have been injured or lost a loved one in a tractor-trailer truck accident, it is important to retain a skilled Illinois truck accident lawyer. The Besserman Law Office is an experienced and skilled accident attorney that will work diligently to recover the maximum financial compensation for your damages. Deborah Besserman is available to address all questions and concerns promptly while taking all necessary steps to win your case. Contact Deborah today for a free no-obligation consultation.