What happens if an airline does not have enough insurance to cover the costs of a plane crash?
If an airline does not have enough insurance to cover the costs of a plane crash in Kansas, the responsible parties may still be liable for any damages caused. The amount of insurance coverage required depends on the size and type of aircraft. In the state of Kansas, aircraft owners are required to carry a minimum of $100,000 in liability insurance. If the airline does not have enough insurance to cover the costs of a plane crash, the responsible parties may have to pay for the damages out of pocket. The plaintiff’s lawyer could also seek a judgment against the airline that would force them to pay for any damages. The plaintiff’s lawyer could try to collect a judgment from the airline by bringing legal action against them. This action may include filing a lawsuit in court or a lien against the airline’s assets. The plaintiff’s lawyer may also be able to collect a settlement from the airline’s insurance company if the airline’s insurance is inadequate to cover the damages. In some cases, the airline’s parent company or other related entities may be liable for the damages caused by a plane crash. If the airline is a subsidiary of another company, then the parent company may be held financially accountable for the accident. This is an important consideration when determining who is liable for the costs of a plane crash. In any case, it is important to have the proper amount of insurance when operating an aircraft. If an airline does not have the necessary insurance to cover the costs of a plane crash, they may be left liable for any damages caused.
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