OOIDA tells truckers to take action against 556% insurance hike

0
9K


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
‘Stupid idea’ — The FMCSA has received nearly 12,000 comments about controversial speed limiter proposal
In just a few weeks, thousands of truckers left comments for the Federal Motor Carrier Safety...
By MEGA MISTAKES 2022-05-26 20:59:51 0 13K
Video
Officer’s body cam shows aftermath, rescues following fiery semi truck crash
The aftermath of a nine vehicle crash was captured on a responding officer’s body cam,...
By Truck Drivers Life 2022-03-10 03:44:53 0 11K
Trucking News
Shipping giant UPS to close 200 facilities to cut costs
Shipping giant UPS will shutter 200 facilities as part of a cost-cutting plan as the company...
By MEGA MISTAKES 2024-04-03 14:59:12 0 7K
Trucking News
Philadelphia thieves take off with load of bourbon as trucker sleeps
Some Philadelphia thieves took off with a load of bourbon as the truck driver slept while parked...
By MEGA MISTAKES 2024-03-14 18:35:03 0 8K
Trucking News
Four hurt in crash between pickups, semi truck
Four people were transported to the hospital on Wednesday afternoon after two pickups and a semi...
By MEGA MISTAKES 2022-06-16 21:22:59 0 10K