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Top 10 Most Expensive Car Crashes Posted: 01 Mar 2013 10:04 PM PST
The most expensive car accidents always cost the owner a lot of money. The owner must deal with the expensive car repairs and the high insurance rates afterwards. Getting involved in such situation is so terrible for you need to contact the car insurance to repair the car as well as to reimburse the medical expenses of all those involves, unless you are dead. In this post, let’s examine the list of the top 10 most expensive car accident in the world. 1. Tiger Wood’s Escalade This one weekend in 2009 the talk was all about how Tiger Woods came to be lying bleeding and dazed in the street after his wife said she had rescued him from his car by smashing a window with a golf club after a crash in the early hours. There were initial fears for Woods' career after reports that he had sustained serious injuries. He was unconscious for six minutes and bleeding from his mouth, according to an emergency call report compiled by police. But after he was released from hospital in "good condition", questions turned to the unusual circumstances of an accident that came on the heels of tabloid news reports about his personal life. Damages are estimated at $55 million. The crash photos seem to contraindicate the initial claim of “backing out” of the driveway and accidentally hitting a tree and fire hydrant. Take a look for yourself below at the picture above. Sources tell Top 10 List that Florida Highway Patrol’ is now focusing on obtaining a search warrant — allowing them to seize medical records from the hospital that treated former Buick spokes-golfer Tiger Woods — in an attempt to determine if the wounds Woods sustained were consistent with a car accident or domestic violence.
2. Diablo SE30 Jay Kay, the leadsinger for Jamiroquai band, destroyed his beautiful magenta Lamborghini Diablo SE30 (estimated $360000). Kay was unable to manage the control when trying to turn. He was thrown onto the edge of the road as well as fined £750. But we don't care for Jay. And here is the result of the car crime. The magenta horse … or what was left. Next time, Jay, buy a new exotic hat instead, it will be less expensive.
3. Ferrari 250 GTO No sports cars in the world have quite the allure of the 39 Ferrari 250 GTOs built between 1962 and 1964, and their power, beauty and racing history have made them the most expensive collector vehicles on Earth. To their credit, many 250 GTO owners regularly drive them in public — and last week, the one pictured above worth about $30 million was hit in what ranks as the world’s most expensive car crash. Owned by American investor Christopher Cox and his wife Ann, this 1962 Ferrari 250 GTO had been raced around the world by a Swedish driver in the early ’60s — hence the blue-and-yellow color scheme rather than the traditional Ferrari red. Last week, during a gathering in central France to mark the 50th anniversary of the 250 GTO, another car collided with the Coxes. Ann Cox suffered a broken leg and other injuries, while Christopher Cox had only minor scrapes; both were treated and released from a French hospital. According to people who’ve seen photos from the crash, the entire front end of the 250 GTO and its 300-hp V-12 was wrecked. It’s not the first time this particular GTO has been crashed (it was damaged in 1976 and then restored) but it’s a reminder that despite its value, the 250 GTO’s tubular steel frame and aluminum body crumple easily compared to the rigid frames of modern vehicles. A similar Ferrari 250 GTO built for racer Stirling Moss sold in May for $35 million in a private auction, making it the most expensive vehicle ever to change hands.
4. Bugatti Veyron The Bugatti Veyron is the most expensive production car in history. Only 300 were ever produced, and already two have crashed. Above all, this crash made news when the driver thought it was okay to speed at 100 mph in the rain. He only had the car for one week. In 2009, a Bugatti Veyron was crashed into a Texas lagoon at the hands of Andy House, who at one point said that a low flying pelican had distracted him and sent him off course. What he didn’t know was that the whole thing was caught on film, and the pelican is suspiciously absent. His insurance company decided that he just wanted a $2 million check and sued for fraud, but now the trial has been mysteriously postponed. Here’s everything we know about the case until today. The crash cost $1.6 million in damages.
5. McLaren F1 The repair bill for Rowan Atkinson's McLaren F1 has been revealed and it’s more than three times bigger compared to previous most expensive bill. The famous Mr. Bean actor crashed his McLaren F1 in August 2011 while driving on the A605 when he lost control of the super car on a slippery patch near Peterborough. Atkinson suffered a shoulder injury, while the car was seriously damaged. Mechanics needed no less than four weeks to calculate repair costs. The whole repair job cost a whopping 910,000 GBP and was done in approximately one year. Atkinson is now driving his beloved F1 once again, an experience which he characterized like “putting a family sweater on. But cost him $1.25 million U.S.
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Top 10 Reasons You Should Have A Continuity Plan Posted: 01 Mar 2013 09:04 PM PST
Given the uncertainty of the global economy as well as the alarming climate changes occurring in the past couple of years, implementing a continuity plan represents a critical risk management step no business owner should ignore. Essentially, the business continuity plan can be defined as an identification of the internal and external threats to the organization in order to develop a proficient prevention and recovery strategy in case of disaster, while trying to maintain a competitive advantage in the industry niche. In other words, this plan represents a safety net that guarantees the continuation of the company’s operations under unfavorable conditions. Let’s analyze the benefits such a plan can bring for your business.
1. Disclosing the company’s vulnerabilities
2. Maintaining the costs of insurance affordable
3. It guarantees the survival of your business
4. Provides an edge over the competition
5. Inspires confidence and boosts the staff’s morale
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