Two Bills Seek to Updates in Insurance Minimums and Automatic Braking on Large Trucks
UNITED STATES – According to an online article at truckinginfo.com, two bills seek to update insurance minimums and braking that is automatic on large commercial trucks.*
The bills are in the House of Representative that seek to decrease the damage caused by large truck accidents by increasing the minimum insurance requirements for motorists and requiring that these trucks have emergency braking systems that are automatic.
Two proposed bills in the House of Representatives aim to reduce the harm caused by large truck crashes by updating the minimum insurance requirements for motor carriers and requiring automatic emergency braking to be standard on large commercial vehicles.
Two house representatives made an announcement of the proposed bill at a press conference held earlier this week with trucking accident victims and the Truck Safety Coalition.
These representatives proposed the Insurance Act, which ensures that carriers have minimum insurance requirements that are adjusted for the rate of inflation related to medical costs, which are determined by the Bureau of Labor Statistics. Minimum insurance requirements for carries were proposed and set in the 1980s but have not been changed ever since. Bill proponents assert that the current levels of insurance compensation are outdated and do not address the rate of medical care costs at this time.
“Thousands of families are suffering in silence, saddled with crippling medical care costs resulting from catastrophic crashes,” said one representative in support of the bill, “The inadequacy of the current minimum insurance requirement, left unchanged for 40 years, only further prolongs the suffering and financial strain on families that have already lost so much. The Insurance Act ensures that families are adequately compensated to cope with their losses and prevents taxpayers from footing the bill for negligent trucking businesses and drivers.”
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