In September 2013, Jacob Landis was in the last 200 miles of his 10,000-mile charity ride from Annapolis, Maryland to Miami, Florida, to raise money for cochlear implants for those who could not afford them.
Landis’ last stop was scheduled for Marlins Park, but he never made it. He was hit on the road in central Florida by a semitruck. The truck didn’t stop after the collision. Landis suffered a concussion, a broken nose, fractures and a chipped tooth. The Polk County Sheriff’s Office is investigating the crash.
The Safe and Fair Environment on Highways Achieved through Underwriting Levels Act of 2013 (H.R. 2730) would raise insurance minimums for motor carriers from $750,000 to more than $4.4 million to provide additional protection for victims like Jacob Landis.
The original amount of $750,000 was established in 1980 and has not been raised since. Inflation has made the original number insufficient for most accidents. In fact, a recent study by the Trucking Alliance found that 42 percent of accident settlements between 2005 and 2011 exceeded the $750,000 mark. This means that personal insurance, Medicare and taxpayers are left to make up the difference.
H.R 2730 also ties future insurance minimums to the price of healthcare, so that if healthcare costs go up, so do the insurance minimums needed to finance them.
More than 100,000 people have been killed in fatal 18-wheeler accidents since 1980. If you have been injured in a truck accident, the personal injury attorneys of The Davies Law Firm, LLC help by offering a free consultation on your case.