The California statehouse is pushing forward a bill that tackles a significant challenge faced by heavy-duty trucks and truck fleets that utilize advanced fuels and cutting-edge technologies. This legislation aims to address existing insurance data gaps in this sector, paving the way for a more inclusive and sustainable future.
Recently, Governor Gavin Newsom announced the California Air Resources Board’s (CARB) new Clean Truck Partnership with top truck manufacturers. This strategic collaboration aims to support the state’s ambitious goal of implementing the nation’s first zero-emission vehicle truck standards.
This significant initiative is a direct result of a CARB regulation approved earlier this year, which mandates that starting in 2036, no new fossil-fueled medium-duty and heavy-duty trucks will be sold in the state.
The Senate Judiciary Committee has moved forward a bill that would require the California Department of Insurance to gather information about the availability and cost of insurance for trucks. This bill is similar to one that was previously approved by Assembly lawmakers.
Assemblymember Mike Gipson, who represents Carson, is the author of the bill. The bill is being sponsored by Insurance Commissioner Ricardo Lara.
Gipson and Lara explain that zero-emission trucks face difficulties when it comes to getting insurance. They point out that new technologies without a long history lack the necessary data for insurance companies to make accurate predictions.
Gipson also highlights that fleets that choose zero-emission technologies may struggle to find insurance coverage, which could hinder the adoption of these heavy-duty trucks.
Furthermore, he warns that a slow adoption rate may prevent the state from meeting future deadlines for transitioning to zero-emission technologies.
“This bill hopes to address potential barriers for new insurance options and data gaps in order to accelerate the transition to zero-emission heavy-duty trucks,” an executive summary of the bill reads.
The Senate Judiciary Committee has unanimously voted in favor of advancing the bill, AB844. This means it could soon be up for a Senate floor vote. If it gains approval there, it will then return to the Assembly for approval of any changes before reaching the governor’s desk.
The California Trucking Association has voiced their support and concerns regarding zero-emission trucks. According to the association, insurers were initially hesitant to provide coverage for these trucks, and in some cases, only agreed to insure a portion of their value. The group warned that the insurance costs for these trucks are likely to rise significantly in the future.
Source: Land Line
