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THE COST OF COVERAGE: Trucking insurance rates expected to skyrocket -- but why?
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- Author(s): QUIMBY, TOM
- Source:
Commercial Carrier Journal. Jan2020, Vol. 177 Issue 1, p34-38. 5p.
- Subject Terms:
- Additional Information
- Abstract:
The article discusses that tractor-trailer insurance rates are expected to rise in 2020. It mentions that data-rich attorneys armed with Compliance, Safety, Accountability (CSA) scores, truck logs and social media posts are convincing more juries to deliver huge verdicts; and also mentions that increased customer demand also has introduced more trucks on the road, which increases risk.
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