Le Lézard
Classified in: Transportation, Business

Saberlines Insurance Services Introduces A Quick Reference Guide For Trucking Companies


UPLAND, Calif., July 3, 2020 /PRNewswire-PRWeb/ -- 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/.

 

SOURCE Saberlines Insurance Services


These press releases may also interest you

at 09:03
Discount Tire, a leading retailer of tires and wheels, and Major League Soccer (MLS) today announced a new multiyear partnership in the U.S. Through this agreement, Discount Tire will be named the official tire retailer of MLS, the MLS All-Star Game...

at 09:00
The MAHLE Group successfully continued its sustainability activities in 2023....

at 08:57
76 years after Giuseppe 'Nino' Farina triumphed at the 1948 Monaco Grand Prix, the spirit of the legendary driver returns in the guise of the Automobili Pininfarina Battista Edizione Nino Farina Celebrating the pinnacle of performance and the...

at 08:47
Trains that could travel to more tucked-away parts of the country with zero emissions are an example of the potential behind battery electric (BEV) and fuel cell (FC) trains. The benefits to the environment, alongside businesses removing long-term...

at 08:44
The 2023 Adsposure Transit Awards have concluded, and after a fierce two-week competition and thousands of votes, 29 campaigns were crowned first place winners! Transit advertising campaigns were nominated in four different categories for this...

at 08:33
Velotric, the leading name in innovative electric bikes with unmatched safety standards, is proud to announce the launch of its two latest e-bikes: the Summit 1 mountain e-bike (eMTB) and the Fold 1 foldable e-bike. Set to revolutionize the electric...



News published on and distributed by: