Insurance Minimums On the Rise for US Truck Fleets
Source: Today’s Trucking By Staff
WASHINGTON, DC — US carriers might soon see a spike in their liability insurance minimum because the Federal Motor Carrier Safety Administration (FMCSA) said the current $750,000 minimum is too low.
In a report to Congress, the FMCSA said current minimums need to be re-evaluated and that the agency is looking to create a rule to increase those minimums.
Right now,…(read more)
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