liability insurance

Mailbag: ‘Don’t help the lawyers. Help us.’ –Readers on insurance

In this podcast, readers weigh in on rising insurance costs, urging regulators and congress not to hike minimums, which might well serve only to line the pockets of attorneys and deleteriously affect the trucking business.

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‘Help us stay in business’: Owner-ops tell FMCSA insurance increase would shut them down

Owner-operators say they fail to see the need for an increase to the minimum amount of liability insurance required of carriers, and they’re afraid an increase would drive premium costs to a point that would force them to close shop.

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The regs: Threading the needle through 2014

Part 2 in this Channel 19 year in review highlights the most-read stories from the blog this year having to do with regulations -- and their enforcement. CARB, insurance, CSA, hours...

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DAT: Insurance increase would impact owner-ops most, increase not justified

An increase in the minimum amount of liability required for trucking companies would adversely affect owner-operators and smaller carriers at a disproportionate rate and may even force them to close shop, according to recent analysis from DAT Solutions.

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FMCSA publishes official notice of insurance increase consideration, looking for industry input

FMCSA announced Nov. 26 it is seeking trucking industry input on a potential rulemaking that would increase the $750,000 minimum amount of liability insurance motor carriers must have.

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Liability insurance increase for carriers could see delay, may never come, ATA says

Owner-operator concerns over regulators’ seemingly quick work to produce a rule to raise the minimum amount of liability insurance trucking companies must have could be much ado about nothing, says ATA's chief of advocacy.

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Audio mailbag: Liability insurance, sleeper berth flexibility

The first in a series of Voices podcasts airing editorial comment on a variety of issues, here stemming from discussion of both sleeper berth period flexibility and FMCSA's planned liability insurance hike in D.C. Call 530-208-6423 at any time to record a message.

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Division on liability insurance hike in the spotlight at regulatory meeting

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.

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

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 your total coverage amount from $750K or $1 million upward in recent years, how much more did you subsequently pay in premiums?

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Independents: How much liability insurance do you carry?

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.

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