What is Commercial Liability Coverage?

You may want to talk with the top Orlando commercial liability Attorney about your case. Please read this page, then call Dan Newlin.

Being involved in an accident involving a Tractor Trailer can often be a much more complex matter that a standard auto accident. Accidents of this magnitude often involve catastrophic damage to your vehicle as well as severe traumatic injuries. Depending on the seriousness of these injuries, and subsequent treatment, a victim of a Tractor Trailer accident may be exposed to medical bills in excess of $100,000. It is important to understand who will pay your medical bills, as well as what coverage is available to pursue in a potential lawsuit against the at-fault carrier.

Because most Tractor Trailers are owned by trucking companies or large retail suppliers, there is a high likelihood that they are insured through Commercial Vehicle Policies. Some commercial policies have different coverage available for damage to your vehicle as opposed to compensation for injuries. Other policies combine both damage to property and person in what is known as a Combined Single Limit (CSL) coverage. If coverage for injury is separate it is most often referred to as Commercial Liability Coverage or simply Liability Coverage.

What is covered under Commercial Liability Coverage? Any medical bills that are not covered by Personal Injury Protection (PIP) – No Fault Coverage, are considered to be your “out-of-pocket” expenses. If it is proven that another party is responsible for your injuries due to negligence, those out-of-pocket expenses will be included as damages and will be paid by the Defendant Insurance carrier. Additionally, you may be entitled to money damages for pain, suffering, mental anguish and future medical care. All of these damages are pursued against the Commercial Insurance Carrier’s liability coverage.

How do I know if the tractor trailer that hit me has Commercial Liability Coverage? Call the law office of Dan Newlin & Partners at (407) 888-8000: Auto insurance policies are lengthy contracts between the insurance company and an insured party. They are typically hundreds of pages and contain complex legal language. This is even more so for commercial policies which often involve the insuring of multiple vehicles and/or property. IT IS IMPORTANT that you have an experienced attorney involved from the onset of your claim, for determining the level of available coverage is a critical factor of any legal claim involving a tractor trailer accident. Our staff includes attorneys who have expert knowledge in examining and deciphering complex insurance policies to discover the source and availability of any and all coverage that may be available to pursue damages against.

***Remember! Commercial Insurance Policies tend to carry higher insurance limits that standard auto policies. With those high limits at stake, commercial insurance carriers will often rush to speak with you and secure a recorded statement or even have you sign a release in exchange for money. DON’T BE FOOLED. Before speaking with the Commercial Carrier, call us for a FREE 5 MINUTE PHONE CALL that could help you in making an informed decision about your claim.