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Commercial truckers object to proposed increase in mandatory insurance minimum

By the close of the comment period on Feb. 26, more than 2,100 comments had been submitted to the FMCSA on a government proposal to raise the minimum amount of insurance commercial truck drivers must carry

By Jayleen R. Heft | Updated on March 10, 2015
A semi-truck slammed into the back of a school bus that had stopped to drop off students along a highway in Salem, Wis., in 2008. (AP Photo/Mark Was)

The Federal Motor Carrier Safety Administration (FMCSA), a U.S. Department of Transportation division that regulates interstate trucking, is considering making commercial trucking companies raise the minimum amount of insurance coverage they must have as interstate carriers.

The $750,000 minimum insurance under federal law has not changed in 30 years. However, most truckers actually carry liability policies of $1 million, according to the trucking and insurance industries.

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Jayleen R. Heft

Jayleen R. Heft

Jayleen Heft is the digital content editor for PropertyCasualty360.com. Contact her at [email protected].

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