insurance

Division on liability insurance hike in the spotlight at regulatory meeting

| October 28, 2014

An FMCSA advisory committee discussion offered insight into how the agency will proceed with its rulemaking to increase liability insurance minimums and the potential consequences facing small business truckers if and when an increase occurs. ...

Insurance increase rule, speed limiter rule running behind FMCSA’s projected schedule

| October 22, 2014

File this under “no news can sometimes be news” — Two trucking-related federal rules in the works have missed projected schedules for their advancement through the rulemaking process.

+25 percent: What double the liability insurance coverage will likely cost

| September 30, 2014

One insurance rep cites a likely 25 percent increase in premiums for independent owner-operators boosting $1 million liability coverage to $2M. More on FMCSA's expected insurance-hike proposal here.

What will a mandatory minimum insurance hike cost an owner-operator?

| September 16, 2014

Liability insurance, particularly for new owner-operator businesses, can rank number one for in fixed costs for an independent without a truck payment -- $10K a year or more for a new business. If you've boosted ...

Independents: How much liability insurance do you carry?

| September 16, 2014

With FMCSA preparing a rule to increase the minimum level of required liability insurance for carriers, this rule probes current levels of coverage among owner-operators with their own authority.

Who says truckers can’t agree?

| June 06, 2014

In the wake of the scandal over the Maxim ad, Wendy says, "let congress know how much of a target the trucking industry will be if the insurance minimums are raised from $750,000 to $4 ...

FMCSA: Current insurance minimums for carriers ‘inadequate,’ new rule coming

| April 22, 2014

The current $750,000 minimum liability insurance required to be held by carriers is too low, said the Federal Motor Carrier Safety Administration this week, and the agency plans to create a rule upping that minimum. ...

How to get access to military freight

| February 10, 2014

A primer of doing business direct with the military -- or the 3PL contractor controlling almost half of general military freight -- to haul DOD loads.

Editor's Picks

Stay Connected

Sign up to get Overdrive's daily newsletter.