Self-Insured Truck Drivers Who Cause Accidents Present Different Problems
Since Texas law doesn’t require truckers to have liability insurance (past what they carry on their truck to remain “street legal”) some trucking companies protect against personal injuries from accidents by self-insuring themselves. This usually involves the transport company reserving a percentage of their assets to pay accident claims, rather than purchasing coverage from a traditional insurer. Rare is the time when they aren’t underinsured. And though the federal government monitors the insurance industry, licensed adjusters and holds insurance companies to ethical standards as best it can, no such regulations govern companies that insure themselves.
And even though you won’t need to deal with insurance adjusters, winning compensation from these “self-insured” companies can be far more difficult and often even more problematic. You will be dealing with an officer of the company, instead of an insurance adjuster. This company officer’s salary comes from company profits. Any amount paid to you for a serious and expensive injury comes directly out of company coffers. So if that officer compensates you for an injury, the amount is paid directly out company assets; which means the company officer is literally taking money out of their own pocket.
So it is not unusual for a self-insured company officer resorting to any means to deny your claim and protect the company’s assets. Officers of self-insured companies have been known to willfully dispose of damning evidence, bribe witnesses, and even intimidate victims. This explains why every time our attorneys are hired against a self-insured company, the first action we take is to prevent anyone from the defendant company from behaving inappropriately toward our clients. And we step in and prevent them from communicating with our clients in any way unless we are present.
Our Law Firm has decades of experience handling personal injury litigation in large truck wreck cases. If you or a loved one has been hit by one of these monsters and you are blameless, our expertise assures that you should receive the fairest compensation possible for the injuries and pain you have suffered or if a wrongful death of a loved one has occurred. We’ve helped deliver millions of dollars to hundreds of negligent accident victims in Texas. So if you or a loved one has been involved in a trucking accident in Texas, our experienced accident lawyers can win the best compensation possible for you.
Call us today at 1(800) 862-1260 (toll-free) for a free consultation. Get on the road to recovery so you and your family can get on with your lives.
Our Main Office:
Carabin Shaw P.C.
630 Broadway St, San Antonio, TX 78215