Executive killed in motorcycle accident

A banking and real estate executive was killed in a motorcycle accident last week in Florida.  The wrongful death motorcycle accident happened when a Jeep failed to yield the right of way while making a left turn.

When considering the damages in any wrongful death suit, one of the key elements of compensation for the next of kin is the economic losses.  When the person killed is a high-level earner as was apparently the case in this accident, one thing that must be done is to carefully quantify the extent of the losses.  This is something that may require the assistance of an economist as an expert witness.

Also, the likelihood in this case is that the driver of the Jeep did not carry sufficient liability insurance to make good on  the damages caused by this car accident with a motorcycle.  This would be true even where he had $100,000 in insurance coverage.

Because there was not likely enough liability insurance, the family of the man killed will probably be making an underinsured motorist claim on their own policy, assuming that they carried full coverage on the family's vehicle at adequate levels of coverage.