Quick Reference For Truckers to understand "must have" and "optional" elements of truck insurance!
UPLAND, Calif. (PRWEB) July 03, 2020
It can be very confusing to understand truck insurance requirements. New and existing truck drivers – and owners – don't have the time to dig into technical insurance terms. Saberlines Insurance prepared this Quick Reference, which includes detailed information on the proper coverage for Truckers. It explains what's required by federal and state law to operate a big rig or a heavy truck. The state law can be different from the federal law, and insurance requirement can be changing as you read these notes.
Recent news suggests increasing the minimum federal limit from $750,000 for Truck Auto Liability to $2,000,000, per each accident. The reason is, according to the suggested new bill, the numerous accidents that have resulted in more than one fatality or major injury. The current limit of $750,000 is just not enough to cover all affected parties.
To clear some of the confusion about what's mandatory and what's optional, Saberlines Insurance posts a lot of details on their site, like this short Quick Reference, and it's all available at: https://www.saberlinesins.com/truck-insurance/liability-insurance-quick-reference-for-truckers/.