I was Injured in a taxi cab accident. Can I bring a claim against the taxi cab company?

If you’ve been involved in a taxi cab accident, you face a tough battle ahead. Although it is notoriously difficult to recover damages from a cab company, the experience attorneys at the Law offices of Attorney Dan Newlin know how these companies operate. We’re familiar with the tricks the taxi cab industry uses to escape paying you your just compensation. At the law Offices of Attorney Dan Newlin, Chicago, we are honored to protect and fight for taxi cab accident victims. At the Law Office of Attorney Dan Newlin Chicago, we have proudly recovered over 150 Million Dollars for injury and accident victims and we will fight for you!!!

As the son of a Chicago Steel worker and as a former police detective, Attorney Dan Newlin understands firsthand the importance of helping the good people of Northern Illinois and Chicago. On many occasions we find that accidents involving taxi cabs many times involve more severe injuries and that these taxi cab accidents often times leave the injured victims with permanent incapacitating injuries. No matter where you live in Illinois, Chicago or the Suburbs we are here for you 24 hours a day 7 days week, Attorney Dan Newlin or one of his experienced Chicago taxi cab accident attorneys will be honored to meet you in person to advise you of all of your legal rights and will be honored to personally help you during this difficult time. If you have questions about your taxi cab accident call Attorney Dan Newlin now for a free consultation at 312-888-8000. Attorney Dan Newlin and his team of experienced lawyers will fight for you!

In order to own a taxi cab, one needs a city-authorized medallion. The average price of a single medallion in 2013 was $340,000, which would lead you to believe that anyone who would pay such costs would insure their investment properly. Unfortunately, this is often not the case. And although the city of Chicago issues the medallions, there is little government intervention in cases of taxi cab accidents.

Under Chicago law, taxi cabs and limo companies are required to carry a minimum insurance policy of $350,000 for combined single limit, each occurrence. This may seem like a sufficient amount, but when multiple parties are involved, this money goes quick. And a taxi cab accident often involves a pedestrian who suffers severe injuries that require extensive medical care that can easily exceed the $350,000 minimum.

But even with this required insurance in place, no matter how insufficient the amount, it’s still very difficult to recover any compensation from the taxi cab companies. They have become experts at hiding their assets and ignoring claims of accident victims. That’s why you need a knowledgeable attorney on your side. No matter where you live in Illinois, Chicago or the Suburbs we are here for you 24 hours a day 7 days week, Attorney Dan Newlin or one of his experienced Chicago taxi cab accident attorneys will be honored to meet you in person to advise you of all of your legal rights and will be honored to personally help you during this difficult time.
At the law offices of Attorney Dan Newlin & Partners, we know how the taxi cab companies operate and hide their assets. There is often one owner of multiple medallions who will then divide them up between many small corporations. Then the medallions are leased out to drivers who operate as “independent businessmen” with no direct connection to the owner of the medallion.

When these “independent” drivers are involved in an accident, they are often held liable for any amounts exceeding the insurance limits. However, these drivers usually have very little assets and the chance of recovering your just compensation from them is very low.

And even if you are able to discover the leasing company, recovery is still difficult. The leasing company often only operates a few cabs but doesn’t actually own the medallions. And the companies that do own the medallions may have used them as collateral for loans, leaving them so saddled with debt that they become worthless as assets. At the law Offices of Attorney Dan Newlin, Chicago, we are honored to protect and fight for taxi cab accident victims. At the Law Office of Attorney Dan Newlin Chicago, we have proudly recovered over 150 Million Dollars for injury and accident victims and we will fight for you!!!

As you can see, navigating the complex web of taxi cab medallion ownership is no easy task. Many who are injured in taxi cab accidents give up in their fight. You’ve already been through enough—don’t try to recover for your injuries on your own. We know the “shell game” these companies play and will fight to ensure you receive the benefits and compensation you deserve. Your consultation is free and we will answer any questions you may have about your claim.

My staff and I always consider it an honor to be contacted by the victims of taxi cab collisions, and we will always be ready to listen to all of your concerns over the damages and losses you have suffered as a result of the taxi cab accident. On many occasions we find that accident involving taxi cabs many times involve more severe injuries and that these taxi cab accidents often times leaves the injured victims with permanent incapacitating injuries. Attorney Dan Newlin and his team of experienced lawyers will fight for you. No matter where you live in Illinois, Chicago or the Suburbs we are here for you 24 hours a day 7 days week, Attorney Dan Newlin or one of his experienced taxi cab attorneys will be honored to meet you in person to advise you of all of your legal rights and will be honored to personally help you during this difficult time.

Attorney Dan Newlin and his experienced team of Chicago attorneys have proudly recovered over 150 Million Dollars for injury and accident victims.

If you have questions about your tax cab accident call Attorney Dan Newlin now for a free consultation at 312-888-8000.