Lawmakers attempt to increase minimum insurance requirements

LLN (7/29/19) – A bill that would increase truckers’ minimum insurance requirements to many times their current level is now before Congress. Also, a Michigan lawmaker explains how she arrived at her proposal to end the split speed limit there. The Federal Highway Administration has scheduled several truck parking workshops. We’ll explain why the difference between the stated value of your truck and its actual value is important. And before you even think about a lease-purchase deal, you need to research specific aspects of the carrier; we’ll explain.

0:00-9:56 – Newscast

9:56-24:39 – Ending Michigan’s split speed limit; parking workshops

24:39-39:35 – Actual value vs. stated value; lease-purchase

39:35-49:35 – Effort to increase insurance requirements