Sainte-Etienne-des Guirets 7/12/2012 3:23:53 AM
News / Law

$31 Million Dollar Ferrari Crashes, Becomes the Most Expensive Accident in History

Last Friday a fleet of 21 Ferrari 250 GTOs were winding their way through the French countryside to mark the 50th anniversary of the rare automobiles release. But and one of the classic cars was involved in a collision which could be the costliest accident in history.

U.S businessman Christopher Cox was driving his Ferrari GTO worth $31 million when he collided with another vehicle. And the damage was significant, his wife who was traveling with him, broke her leg. Two other people in the other car were also injured.

The wrecked Ferrari was one of only 39 made. It was involved in another accident but was fully restored before Cox purchased it.

This accident could end up being the costliest in history between repairing the damaged vehicles and the associated injuries. But there is no doubt that Cox had good insurance coverage.

When auto accidents involve injuries the individuals often need the assistance of an accident attorney to get the money needed to replace their property and cover their healthcare costs. These personal injury victims sometimes end up being temporarily or permanently disabled, all the while losing wages with a diminished quality of life.

Although insurance companies compensate victims for their personal injuries, it is often not adequate enough. Accident lawyers are capable of negotiating with an insurer in order to maximize their final settlement.

In order for accident victims to get a favorable settlement they must contact an accident attorney immediately. Taking action quickly will make for a stronger case should they have to go to court.