OOIDA calls on truckers to block attempts to raise insurance requirements

By Jami Jones, Land Line managing editor | Wednesday, May 27, 2015

A bill going before the U.S. House of Representatives as early as next week contains language that will prevent the Federal Motor Carrier Safety Administration from increasing the insurance requirement on truckers.

In mid-May, the House Appropriations Committee voted 31-20 to block an attempt to remove language in the House version of the Transportation, Housing and Urban Development 2016 appropriations bill that will prevent FMCSA from increasing the amount of insurance that motor carriers are required to carry.

The full THUD bill will likely be debated on the House floor next week, allowing for additional opportunities for lawmakers to attempt to remove that freeze on the insurance requirement from the bill.

The Owner-Operator Independent Drivers Association issued a Call To Action on Wednesday, May 27, encouraging members and all truckers to take action and protect the legislation halting FMCSA’s rush to raise insurance requirements.

The current requirement of $750,000 already covers 99.9 percent of all claims in truck-involved crashes, according to FMCSA’s own research. Yet a proposal has been made to raise that requirement to more than $4.5 million.

“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. That is why you and all professional drivers need to take the opportunity now to tell Congress how increasing insurance requirements will impact you. Truckers need to tell everyone why unnecessarily increasing insurance requirements will be bad for small businesses and bad for highway safety,” OOIDA’s Call To Action states on the FightingForTruckers.com website.

Truckers are encouraged to visit the CTA page, and contact their lawmakers ahead of the vote on the THUD bill next week. The page contains links to a portal that will automatically direct your concerns to your representative in House of Representatives.

Copyright © OOIDA

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