Articles Posted in Insurance

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Do you know how much the average car weighs? What about the average semi-truck? If you don’t, perhaps you should. The insurance industry certainly does.

Depending upon the make and model, a typical passenger car weighs between one and three tons. An average semi-truck (with a full trailer) weighs in at 40,000 tons.

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truck photoBreakthrough regulatory reform is underway to ensure that victims of truck and tractor trailer accidents have sufficient compensation to cover the expenses that typically arise following trucking accidents.   Truck drivers and the companies that employ them (referred to as “motor carriers” under federal regulations) have long been required to carry liability insurance to fund the claims of victims who suffer injury or property loss following accidents caused by truck driver negligence.  However, as time has passed, the minimum insurance requirements have remained unchanged and the current coverage requirement is frequently insufficient to fairly cover victims’ losses.

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