Truckers’ Required Insurance Coverage Could Increase to $2M

An amendment to a bill circulating on Capitol Hill would more than double the required minimum amount of insurance for commercial motor vehicles. Currently, the Federal Motor Carrier Safety Administration-required minimum coverage is $750,000, but the adjustment increases that amount to $2 million. The amendment to the INVEST Act was passed by a House committee… Continue reading Truckers’ Required Insurance Coverage Could Increase to $2M