It they are successful in raising the minimum liability coverage our rates will rise significantly. I hope all of you go to the OOIDA link to the comments section for the bill. You can also contact your congressional representatives. If we are silent they will push this through just as they did the elog bill.

When I renewed last year, my agent told me he was seeing rates of $12,000/yr for new authorities. From PDR's post that rate has apparently gone even higher. It will be up to truckers to stop this insurance increase from being pushed through congress. It could cause insurance rates to double or even triple from current rates. They want to push an increase to $4.2 million.