ATRI studying impact of rising insurance costs on trucking
ATRI seeks insurance data to study impact of rising costs
The American Transportation Research Institute is in the process of collecting data to better understand the rising costs of trucking insurance and how those costs are ultimately impacting the industry’s overall operational costs. This research was identified as a top priority for the group in 2020.
ATRI is asking motor carriers to provide data through an online data collection form that will quantify changes in deductibles, excess insurance over minimum requirements, and how drivers and fleets are balancing insurance costs against rising risk levels. The research will be complementary to ATRI’s annual Operational Costs of Trucking but will provide more granular detail on one of the most volatile cost centers in the annual analysis.
All submitted data will be kept strictly confidential and aggregated. As needed, ATRI will sign a confidentiality agreement. The data collection form is available online, and carriers are asked to provide data by Friday, April 23.
Original article provided by: https://www.ccjdigital.com/business/article/15064949/atri-studying-impact-of-rising-insurance-costs-on-trucking