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Truck insurance requirements

Discussion in 'Trucking Industry Regulations' started by istumped, Jul 1, 2021.

  1. Jul 1, 2021 #1
    istumped

    istumped Medium Load Member

    468
    220
    Feb 8, 2015
    0
    Looks like the 750,000 requirement maybe headed to 2 million. Bill looks like it has passed and headed up higher in congress. What's your thoughts?
     
    istumped, Jul 1, 2021
    istumped, Jul 1, 2021
    #1
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  3. Jul 1, 2021 #2
    Rubber duck kw

    Rubber duck kw Road Train Member

    6,082
    17,653
    Dec 9, 2017
    0
    Why stop at 2, why not go for 5?
     
    Rubber duck kw, Jul 1, 2021
    Rubber duck kw, Jul 1, 2021
    #2
  4. Jul 1, 2021 #3
    Diesel Dave

    Diesel Dave Last Few of the OUTLAWS

    7,235
    14,329
    Jan 20, 2010
    Hesperia, Ca.
    0
    Thoughts…. ?……. I already carry that amount plus another Million on general liability. Had it for the last 3 years. I went from 750, to 1 million, now I’m at 2.
     
    Diesel Dave, Jul 1, 2021
    Diesel Dave, Jul 1, 2021
    #3
  5. Jul 2, 2021 #4
    kemosabi49

    kemosabi49 Trucker Forum STAFF Staff Member

    10,003
    41,447
    Jan 13, 2013
    SW Arkansas
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    The house bill will never make it through the Senate.
     
    kemosabi49, Jul 2, 2021
    kemosabi49, Jul 2, 2021
    #4
    Team818 and God prefers Diesels Thank this.
  7. Jul 2, 2021 #5
    Rubber duck kw

    Rubber duck kw Road Train Member

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    To get it through the Senate they'll add a few hundred billion in spending on something, label everybody who votes against an -ist of some sort and surprise, surprise, surprise they'll have their needed votes.
     
    Rubber duck kw, Jul 2, 2021
    Rubber duck kw, Jul 2, 2021
    #5
    Team818, Diesel Dave and God prefers Diesels Thank this.
  8. Jul 2, 2021 #6
    wore out

    wore out Numbered Classic

    14,329
    173,801
    Jun 5, 2013
    CHASIN THE DEVIL'S HERD
    0
    2 million liability is affordable right now......when it becomes required look for it to really have a price increase
     
    wore out, Jul 2, 2021
    wore out, Jul 2, 2021
    #6
    Team818 and Diesel Dave Thank this.
  9. Jul 2, 2021 #7
    wis bang

    wis bang Road Train Member

    3,059
    3,417
    Jan 12, 2011
    Levittown, PA
    0
    Naaaa, they will rope us in first and wait for the first renewal and really 'adjust' rates based on the hoodoo voodoo the forecasters dream up; then bend us over and all the other companies will slip out their fangs and join in the bloodbath...
     
    wis bang, Jul 2, 2021
    wis bang, Jul 2, 2021
    #7
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