The Latino Business Report, March 3, 2021
Episode 11- Abusive commercial vehicle lawsuits have put a target on the backs of Texas small businesses, even if they have not been involved in an accident.
According to the Texas Office of Court Administration, motor vehicle litigation has increased 118 percent in Texas since 2008, while other types of personal injury litigation have decreased. A lawsuit was filed after one out of every 10 crashes in 2019, up from one in every 17 cases in 2008. This has caused the price of insurance to skyrocket, whether or not a company has had an accident or even owns a vehicle.
Many commercial vehicle operators in Texas are small businesses that simply cannot afford the risk of an abusive lawsuit or the increased cost of insurance. If a company is not forced out of business by the increased burden, these costs are often passed on to Texas consumers in the form of more expensive goods and services.
For more information about the Keep Texas Trucking Coalition, please visit www.keeptexastrucking.com.