Home > Tools > News > More Trucks, Inexperienced Drivers, Poor Roads, Increase Insurances Costs For Drivers

More trucks, inexperienced drivers, poor roads, increase insurances costs for drivers

Sep 29, 2017 at 10:21 AM CST


Corey Howell is all too aware that commercial vehicle insurance rates are rising at an alarming rate.

The trucking industry is flourishing, what with higher freight volumes, cheaper fuel and heavy-duty truck orders. But Howell, who works as Ridgeland sales leader for Chicago-based mega-insurance broker Hub International, says there is a downside that’s led to higher rates.