Filed Under: Celebrity | By: Tina Chubb
Apr 23, 2010 | Comments 0
Professional wrestling star Hulk Hogan – whose real name is Terry Bollea – has recently sued his car insurance company, claiming that it compromised his $30 million fortune in the near fatal car crash that was caused by his son, Nick Hogan.
According to TMZ, the lawsuit shows that Wells Fargo Southeast – the insurance company that provided insurance for the Hogan family – only paid out $250,000 to John Graziano, who has been left severely disabled as a result of the crash.
Hulk Hogan claimed that the $250,000 policy limit exposed him to personal liability in settling the case. Hogan claims his insurance company reps never advised him, that his policies needed to be revaluated because of having teenage drivers.