If North American Transportation Consultants, Inc. (NATC) could have several wishes, one of the first would be that none of our clients every has an accident or incident. However, in the real world most of us will be involved in an accident sooner or later. While the cause of the accident and steps to prevent another accident of the same type are very important, managing liability has sometimes overshadowed these concerns.
In today’s world being right does not always mean being treated fairly. Time and again carriers and shippers are sued for millions of dollars for accidents they did not cause. The fact that your product is being transported or your company is operating the vehicle at the time of the accident, is enough to cost you and your insurance company substantial funds.
NATC has developed approaches designed to assist clients to protect themselves from punitive damages, by removing the issue of negligence from their action. Without negligence most states will not allow punitive awards. When an accident or incident occurs it is fair for the party that caused it to pay for correcting the situation. Such actions and cost are usually referred to as compensatory damages.
The approach developed by NATC centers on being pro-active before the accident or incident and ready to properly react at the time of the accident or incident. A company's reaction at the time of the accident or incident is very important to the way it is treated by the agencies which must respond and follow-up to the accident or incident.
WHAT HAVE YOU DONE TO IDENTIFY THE LIABILITY EXPOSURES TO YOUR COMPANY AND HOW WILL YOUR COMPANY RESPOND TO AN ACCIDENT OR INCIDENT?
If you wish to obtain additional information concerning the ability of NATC to assist you and your company in this area, feel free to call us directly at (609) 426-0555.