Litigation, Claims Severity Fuel Rising Trucking Insurance Costs

Rising litigation costs and more severe accident claims are key factors driving higher trucking insurance premiums in the U.S. market. Recent industry analysis highlights how larger jury awards and increased legal activity are pushing liability costs up for carriers — resulting in steeper rate increases across policies.

Data shows that crash frequency and severity have climbed in recent years, with bodily injury costs increasing substantially. In addition, plaintiff attorneys have pursued higher settlements, contributing to rising claim expenses and underwriting losses for insurers.

These pressures, combined with economic and regulatory headwinds, mean many fleets face tougher underwriting standards and higher premiums in 2025 and beyond. Safety investments, driver training, and advanced risk management tools are becoming essential for carriers seeking more favorable insurance terms. https://www.warehousingandfulfillment.com/warehousing-and-fulfillment-resources/truck-insurance-rates-threaten-u-s-freight-sector-stability/