Liability Requirements for Trucks
The minimum amount of primary liability insurance is set by the FMSCA. For trucks over 10,000 pounds GVWR you’ll need to the following minimums:
$750,000– Most trucks hauling most commodities are required to have a minimum of $750,000 of coverage. Many load brokers will require a minimum of $1,000,000.
· $1,000,000– Auto haulers need a minimum of $1,000,000 in coverage. One million in coverage is becoming an industry standard across other hauled commodities too.
· $5,000,000– If you are hauling certain hazardous materials, you’ll need a minimum of $5,000,000 in coverage.
Call Trinity Insurance today for a quote 888-391-0416.