Friday, January 24, 2020

What level of truck coverage do I need? USA TRUCK INSURANCE



Finding the level of protection that fits your needs and budget involves considering the freight you carry and your business operations.

The Federal Motor Carrier Safety Administration sets minimum insurance requirements for commercial trucking. At a minimum, to legally operate a commercial truck, you’re required to carry public liability insurance, which includes bodily injury, property damage and environmental restoration.

Your specific requirements depend on the type of freight and weight you typically carry, with minimums that include:

$300,000 for nonhazardous freight moved only in vehicles weighing under 10,001 pounds.

$750,000 for nonhazardous freight moved only in vehicles weighing 10,001 pounds or more.

$1 million for oil moved by for-hire and private carriers.

$5 million for other hazardous material moved by for-hire and private carriers.

more to follow.. stayed turned.


Finder Truck Insurance