Episode 202 | Autonomy Insights: Why Trucking Insurance Costs Are Skyrocketing: The Impact of Nuclear Verdicts

The skyrocketing costs of commercial vehicle insurance in the trucking industry is a pressing issue that is causing economic harm. Commercial insurance premiums rose a staggering 9.8% in Q1 2024, driven by three main factors: the proliferation of nuclear verdicts over $10 million, a shortage of experienced drivers, and inflated vehicle repair costs. Lee White, Founder & President of LM White Consulting joined The Road to Autonomy Founder Grayson Brulte discuss the impact insurance rates and nuclear verdicts are having on the trucking industry and why autonomous trucking could be the solution.

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How would you feel if the transport truck beside you on the highway had no driver? Or the car passing beside you had no driver? Would it make a difference if the widespread deployment of autonomous trucks could ease supply chain problems almost overnight and that autonomous vehicles do not get distracted or speed? And would you feel better if you knew autonomous trucks and vehicles could reduce carbon emissions by 30 percent or more. Learn more from world's leading mobility experts on The Road to Autonomy®, an ahead-of-the-curve podcast hosted by Grayson Brulte.