Regulations Set Parameters and Require Insurance For Semi-Truck Owners
Any company that operates or owns semi-trucks are required by state and federal laws to adhere to a variety of standards that focus on safety. Such regulations dictate how much a particular semi-truck can carry, how long a driver can travel without stopping, and how often routine check-ups should take place.
In accidents where the victim is not at fault, it’s likely that the responsible party violated a law or local ordinance. If so, it can significantly increase your chances of being awarded compensation for your damages through a settlement or verdict. Another critical component of the regulations that govern the semi-truck industry is that owners and operators are required to insure their vehicles. The higher minimum policy limits of truck operators and owners set by law protect you from the possibility of receiving a small settlement that doesn’t cover the costs of your damages.