What a Proposed 566% Insurance Increase Could Mean for the Trucking Industry
The trucking industry is once again facing a potential regulatory shift that could significantly impact carriers of all sizes. A newly reintroduced federal bill aims to dramatically raise minimum liability insurance requirements for motor carriers—sparking strong reactions from both supporters and opponents across the industry. The Proposed Change In April 2026, Congressman Chuy Garcia, alongside Derek Tran, introduced the Fair Compensation for Truck Crash Victims Act (HR8218 ) . The legislation proposes increasing the federal minimum liability insurance requirement for trucking companies from $750,000 to $5 million—a staggering 566% increase. This is not the first time such a measure has been proposed. Garcia has introduced similar legislation multiple times over the past several years, though none have successfully advanced through Congress. Why Supporters Are Pushing for the Increase Advocates for the bill argue that the current insurance minimum—unchan...