Democrats' hunt for the white working-class male voter

[Ikonoklast]

143. Massive increase in insurance mandatory minimums.

Right now I pay $11,420 a year for comprehensive, cargo, and a million in liability. The trial lawyers want that number tripled.

Less than .09% of all payouts in insurance claims exceed the million-dollar threshold, yet trial lawyers know that if the minimum is set at three million, that is the number they will sue for.


My insurance premium would go to close on three thousand dollars a *month*...if there was anyone left in the commercial policy underwriting business left willing to write a policy.

Many underwriters said they would not be able to write a three million dollar policy at any cost and abandon the commercial market, the exposure to a catastrophic payout wasn't worth the risk.

I would be out of business inside of six months.

And your employer would also be affected by the new minimums, unless self-insured.

The trucking companies that are self-insured love this proposal, they can sit back and watch as the force of governmental regulation runs the competition out of business for them. At the same time the new minimums will have little impact on their overall insurance costs, as all they do is post a bond.

Either make them pay a premium like all other trucking companies or let me also post a bond.

Level the playing field, stop doing the bidding of billion-dollar corporations while killing off the little guy.

But so far this administration seems to only hear what the big money contributors say, even though the majority of freight in this nation is moved by small-business trucking companies.