It's an ambulance chasing, sue truckers, lawyer that is writing this crap law. How about making 4 wheelers carry $1 million policies? After all, they cause 75% of the accidents with trucks.
FMCSA: Current insurance minimums for carriers inadequate, new rule coming
Discussion in 'Truckers News' started by cabwrecker, Apr 22, 2014.
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if inflation costs are correct it would be 4.4 million today. Put that in the trucking business and all the small Tk companies will shut down, Businesses will close, Big government will say " we are in another recession and we don't know why" Insurance companies will profit, that's it. FMCSA head Annie Ferro Stated earlier in March that shes here to improve safety, NOT make a positive impact on the industry. and she cant even do that. I want to see passenger cars and pickups get a minimum of 750k in liability because that State minimum is never enough
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They should raise it gradually like by 2025 you need x amount of insurance a sharp and sudden increase from 550 k to 4 mill is crazy
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This subject was talked about on the Road Dog show,,Mark Redding had some guy on there.... I just can't see this happening, not 4+ million anyway. When are enough people going to stand up to this rampit run of regulation seeking progressive's? This would really put the iceing on the cake for me and a lot of other drivers. Not to mention carriers, small and medium ones.
I guess I am just sick and tired of hearing a new "proposal" to a new regulation, what seems, every danggum month!
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