OOIDA tells truckers to take action against 556% insurance hike

0
11K


On Monday, the Owner-Operator Independent Drivers Association (OOIDA) put out a call for truckers to take a stand against pending legislation that would dramatically increase minimum insurance requirements for motor carriers.

On May 24, OOIDA took to social media and email to ask members to contact lawmakers to let them know that they oppose a bill reintroduced by Rep. Jesús “Chuy” García on April 20.

The bill, known as H.R. 2687 or the INSURANCE Act, would increase insurance requirements for motor carriers from $750,000 to $4.92 million — a 556% increase.

Garcia says that the increased insurance requirements are necessary to reflect an increase in the cost of medical care. “Families should not be saddled with long term-financial debt after dealing with the devastating injury or loss of a loved one. Still, thousands of families suffer in silence, burdened with insurmountable medical care costs after falling victim to catastrophic crashes with trucks,” said Rep. García. “The INSURANCE Act will reduce these undue burdens by increasing the minimum insurance requirement for trucks, which has gone unchanged for over 40 years.”

An 2019 version of the bill was referred to the Subcommittee on Highways and Transit but never advanced.

OOIDA argued that the INSURANCE Act “would be devastating for small-business truckers” and “would line the pockets of trial lawyers at the expense of hard-working truckers, and it would do nothing to improve highway safety.”

OOIDA also pointed out that current insurance requirements cover the damages in 99.4% of crashes involving CMVs.

OOIDA is asking drivers to take action and contact Garcia’s offices to let the lawmaker know that the bill would be devastating for owner operators and smaller trucking companies.

“Please call his office today and tell him that the bill is another unnecessary and expensive federal mandate that will force the safest and most experienced truckers off the road,” OOIDA wrote in a Facebook post.

The group also provided phone numbers to reach Garcia:

• DC Office 202-225-8203

• Northside Chicago Office 773-342-0774

• Southside Chicago Office 773-475-0833


Like
1
Search
Sponsored
Categories
Read More
Trucking News
Four dead after Tesla goes into oncoming traffic, striking semi head-on
The California Highway Patrol (CHP) is investigating a two-vehicle crash that claimed multiple...
By MEGA MISTAKES 2022-08-23 15:47:48 0 12K
Trucking News
POLICE: Drunk trucker overturns on NY I-81 bridge
A truck driver has been charged with driving while intoxicated after overturning on an upstate...
By MEGA MISTAKES 2022-06-16 21:04:47 0 12K
Trucking News
Trucker stops suspected drunk Florida woman puttering along I-95 in golf cart
A semi truck driver was on the scene when a suspected intoxicated woman drove a golf cart onto a...
By MEGA MISTAKES 2022-08-21 13:00:12 0 14K
Trucking News
Family reveals suspected cause of fatal SHOCKWAVE jet truck crash
The father of the driver who lost his life while driving a fan-favorite jet-powered semi truck...
By MEGA MISTAKES 2022-07-07 12:27:47 0 13K
Trucking News
Semi-Truck Crash in Greensboro Spills Diesel Fuel and Ground Turkey
GREENSBORO, N.C. — An early-morning crash involving a semi-truck shut down part of US...
By American Truck Drivers 2025-07-03 16:10:43 0 816
Truck Drivers Life | Social Network for Truck Drivers https://www.truckdrivers.life