By: Allan M. Siegel
Collisions involving commercial tractor-trailers are among the most devastating
accidents on the road. Due to the sheer size and weight of commercial
trucks, trucking accidents frequently result in injuries, especially when
the accidents involve motorcycles or passenger cars. Often, these injuries
are catastrophic or even fatal.
In an effort to ensure that victims injured in truck accidents obtain the
full amount of compensation they need, the federal government is currently
evaluating the need to
raise minimum insurance limits for commercial truck drivers and trucking companies.
Here are few key points about the ongoing debate and why it's important
for insurance limits to be raised:
The current minimum insurance limit for truckers under federal law is $750,000
- a limit that has
not changed in 30 years. The limit is per incident, not per person.
Wrongful death claims stemming from trucking accidents
nearly always exceed the $750,000 limit.
When the Motor Carrier Act of 1980 was passed, congress envisioned that
insurance limits for interstate commercial trucks and buses would be
Despite the fact that
health care costs have increased dramatically over the years, minimum insurance requirements have remained
the same. This places victims who require extensive medical care at risk.
When commercial truck and bus companies are not held liable for the full
amount of victims' damages, Medicare, Medicaid, and other
taxpayer-funded programs front the bill.
Raising minimum insurance requirements for commercial carriers can help
create a stronger sense of responsibility and accountability - which in
turn can lead to
safer roadways and company cultures.
At the end of the day, victims and families who suffer losses as a result
of another's negligence have every right to recover their damages
- and they shouldn't have to accept less because trucking companies
don't carry enough insurance. As a firm that has represented many
victims and families affected by truck and tractor-trailer crashes in
Maryland, Virginia and D.C.,
CSCS fully supports increasing minimum insurance requirements for interstate
At Chaikin, Sherman, Cammarata & Siegel, P.C., our team has secured
many positive recoveries in tractor trailer, 18 wheeler, and other commercial
vehicle cases. In several cases, we have obtained awards for victims in
excess of $1 million, including a
$1.8 million recovery for a client who was struck head-on by a truck that crossed the center
line. We believe victims have the right to full and fair compensation,
and we fight to ensure they secure the maximum compensation possible.
If you have questions about
commercial vehicle accidents, insurance limits, and your rights, contact our firm for a