Rising Accident Severity Continues to Push Trucking Insurance Premiums Higher in the U.S.

Insurance premiums for the U.S. heavy-duty trucking industry continue to rise as accident severity and litigation costs increase, according to industry analysts and insurers. While the total number of accidents has remained relatively stable, the cost per claim has grown significantly, driven by higher medical expenses, vehicle repair costs, and large jury verdicts in liability cases.

Insurers report that commercial auto losses involving trucks are becoming more expensive due to factors such as distracted driving, congested highways, and inflation affecting parts and labor. As a result, many trucking companies especially small fleets and owner-operators are experiencing higher premiums, stricter underwriting standards, and increased deductibles.

To counter these challenges, insurers are placing greater emphasis on risk management practices, including driver screening, safety training, compliance with FMCSA regulations, and the adoption of safety technologies such as dash cameras and telematics. Fleets with strong safety records and documented risk controls are more likely to secure favorable insurance terms.

Experts expect insurance pricing pressure to remain in place throughout 2026, making proactive safety investments a critical strategy for trucking companies seeking long-term stability and insurability.

Source: Insurance Journal https://www.insurancejournal.com/news/national/1276468/how-telematics-is-changing-trucking-insurance