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In other news that we’re tired of hearing about, but can’t stop being interested in, Hulk Hogan has filed a lawsuit on his insurance company over his coverage. As the blame game continues, Nick Hogan’s father is now pursuing the family’s insurance company after paying tens of thousands of dollars over the last 10 years and not being entirely covered for Nick’s accident that left his passenger and friend, John Graziano, severely injured.
Apparently the insurance company never bothered to advise the Hogans to increase their insurance or to purchase additional insurance – which Hogan claims they should have when his children got driver’s licenses and were able to drive his high-performance vehicles. As a result, Hogan has had to dig into his own pocket when the estate of Nick’s friend, John Graziano, slapped him with a lawsuit, because Graziano’s medical bills far exceeded Hogan’s own insurance payout – which was limited to $250,000 in medical bills per person.
Hogan also claims that his insurance company Wells Fargo Southeast, should have offered him additional coverage when he signed for his son’s driver’s license – a move opened up Hogan to personal liability.
This is the second lawsuit the Hogans have pursued, the first one against their own attorneys for the wreck. It seems like this saga will not be dying out anytime soon, and Nick will be living in the shadow of his irresponsible accident for quite some time.
[Source: Tampa Bay Online]
Nick Hogan, the son of Hulk Hogan, is back on the road despite a stipulation in his original plea bargain that said he would be banned from driving for three years. Nick was convicted of felony reckless driving with seriously bodily injury after crashing his father’s modified Toyota Supra and seriously injuring his friend John Graziano in August of 2007.
The deal also stipulated that Nick would lose his license and not be permitted to drive for another three years, however, a judge has just granted him a license that would let him drive only to and from work.
“The business-purpose-only license allows Bollea [Hogan's birth name] to drive to and from work, which his attorneys battled for after his license was revoked for three years,” said a report by ABC News.
[Source: Edmunds InsideLine]