For years, Americans all over the country have experienced the freedom of traveling in a hot air balloon. While it can be a novel and exciting experience, many who have plans to enjoy this pastime rarely are aware of the risks until it is too late as was the case in Lockhart, Texas, when in late July 2016, we were all reminded of the dangers of hot air balloon rides.
During that trip, due to reasons that are still being investigated, the trip took a turn for the worst, resulting in a crash and multiple fatalities. What many people are unaware of, is how severely underinsured most of these Hot Air Balloon ride providers are, often times carrying very small amounts of insurance that do not begin to account for the cost of serious injury or death that a ride in a hot air balloon could cause. In fact, Standard balloon operator insurance policies which are carried by most ride providers only are required to provide a $100,000 per person for bodily injury, a far cry from the damage that could be caused If there were to be an accident.
While hot air balloon rides can be riveting, it is also important to keep in mind that safety is of utmost importance. For more information on the laws in reference to hot air balloon rides and injuries that may result, contact Herrman & Herrman, P.L.L.C., at 1201 Third St, Corpus Christi, Texas 78404.