Transportation Insurance

The Federal Motor Carrier Safety Association (FMCSA) has many rules for truckers of driving on the road to increase the safety of truckers, other drivers, cargo, and the environment. Hazardous materials haulers have special regulation and truck insurance because their freight is harmful or deadly if spilled in an accident.

 

To read all of the hazardous materials regulations in depth, click here. Otherwise, here is a brief overview of some of the important facets. (more…)

Last week we outlined the changes made by the Department of Transportation for truck drivers on December 22, 2011 in an ongoing effort to keep our clients informed about important trucking news. This week, I will break down the law changes in order to show how they affect truckers, which changes are positive, and which ones did not go far enough.

Let me begin with a disclaimer: safety is always a priority when it comes to trucking. Being in the commercial truck insurance industry, I have seen my fair share of life-ending accidents and any measures that could be used to reduce those are valuable. (more…)

The Department of Transportation (DOT) announced on December 22, 2011 that it was changing laws in order to reduce commercial truck driver fatigue. The updated rules revise the hours-of-service (HOS) for truck drivers so that they aren’t forced to be on the road for extended periods without rest. (more…)

Some truckers are beginning to worry a new law that publishes safety violations of trucking companies might cost lots of American truck drivers possible jobs.

As a commercial truck insurance company, we know better than anyone just how regulated the industry is. In the midst of a recession where paying truck insurance premiums are the least of most truckers problems, a lot of drivers are worried these new ratings regulations couldn’t have come at a worse time. (more…)

These tips coming from the US Department of Transportation.
Reference:   Part 387 Minimum levels of financial responsibility for motor carriers
Overview: The training module is designed to educate the executive staff of motor carrier companies on the FMCSA regulation on the minimum levels of necessary financial responsibility
Purpose:  The purpose of these regulations is to create incentives for motor carriers to maintain and operate their vehicles in a safe manner and to maintain an appropriate level of financial responsibility.
Applicability:

Motor carriers operating motor vehicles transporting hazardous materials, hazardous substances or hazardous wastes. For-hire motor carriers operating motor vehicles transporting property in interstate or foreign commerce. For-Hire motor carriers transporting passengers in interstate or foreign commerce. Private motor carriers domiciled in Mexico transporting property in interstate or foreign commerce. (more…)

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