OOIDA: Time for truckers to comment on increasing insurance requirements

By David Tanner, Land Line senior editor | 2/6/2015

Time is short for truckers to comment on an FMCSA proposal to increase the required amount of insurance that motor carriers must have, and OOIDA has developed a handy online tool to help. The deadline to comment is Feb. 26.

The issue at hand is a regulatory action by the Federal Motor Carrier Safety Administration that would increase the required insurance coverage from the current $750,000 to an amount much higher. FMCSA has not mentioned a specific amount, but a bill introduced in the last Congress attempted to increase the requirement to $4.2 million.

OOIDA calls the proposed increase drastic and unnecessary and so do a vast number of truckers.

The Association’s online resource, FightingForTruckers.com, contains some talking points about insurance requirements and an easy-to-use guide that helps truckers send comments directly to the official FMCSA docket.

There are direct links to help owner-operators, leased operators and employee/company drivers send direct comments on the issue with options to tailor the comments to include their personal situations and lines of work.

“This is an issue that could have as much, if not more, of an impact on you as a professional driver than changes to the hours-of-service rules or other FMCSA-regulatory mandates,” OOIDA states in the online resource.

“That is why you and all professional drivers need to take the opportunity NOW to tell FMCSA how increasing insurance requirements will impact you.”

The Association plans to issue a nationwide Call to Action to truckers in the coming days.

Copyright © OOIDA