The Concordia Tragedy: Will Its Victims be Victimized Yet Again?

With the crash of the Concordia, the world watched in shock as the largest modern maritime tragedy unfolded and lives were lost. The impact is no less massive to the parent company Carnival Corporation who ultimately is responsible for claims resulting from the accident.

As a transportation company, the parent corporation has insurance to protect its interests as well as those of those it transports. However, the assurance that should provide an injured or traumatized victim of the crash simply isn’t enough. The deductibles for the accident are immense. The deductible for injury claims is $10 million, while the ship damage deductible is a shocking $30 millions USD.

The devastating crash of the Concordia is complicated even further by questions that will likely take months or years to resolve. For example, the cause of the disaster has not yet been named. While most assume that the accident was due to error on part of the captain, other factors have not yet been ruled out such as mechanical fault, ship manufacturing defects, or even failure of guidance electronics. Determination of the cause of the accident will have a huge effect on payments out to those involved in the accident.

Another question remains whether or not the parties are able to pay their claims. This disaster is sure to have a huge, negative effect on Carnival Corporation in the market as well as resulting reluctance of people to use their cruise ships in the future. Furthermore, the payouts are tremendous, potentially crippling even to the insurance companies. No victim of the Concordia accident should not have his possible right to recompense neglected because of lack of foresight on behalf of the insurance companies and Carnival, who will certainly be in self-protection mode just to survive after this tragedy.

If you or a loved one was involved in the Concordia accident, or any other cruise ship accident, it is important to be aware that a personal injury attorney can help you protect your own interests and gain the recompense you deserve for your unwilling participation in such a horrible incident. Do not allow yourself to be victimized yet again; contact a qualified cruise ship injury attorney today to learn how you can protect your rights.