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Here is the short and narrow about insurance amounts that you need to know if you are a trucker.
Public liability insurance (bodily injury/property damage/environmental restoration) as follows:
- Freight:–$750,000 – $5,000,000, depending on commodities transported; $300,000 for non-hazardous freight moved only in vehicles weighing under 10,001 lbs.
Who need the above coverage’s? The Motor Carrier.
If you’re looking for the best box truck or big rig truck insurance or regular commercial auto policy we may be able to help. We offer low down payments to get started and easy monthly payment plan options to get you on the road and keep you insured for less, even if you are a new startup company. So go ahead and request free help and our commercial truck insurance broker specialists will contact you A.S.A.P.
If you need to see what the US government requires please visit the FMCSA Insurance Requirements page by clicking this link.