| Type of Freight – Commercial Truck Insurance Requirements | Minimum Limits |
| Non-hazardous freight moved in vehicles under 10,001 lbs. | $300,000 |
| Non-hazardous freight in vehicles over 10,001 lbs. | $750,000 |
| Oil moved by For-Hire & Private Carriers | $1,000,000 |
| Other Hazardous Material moved by For-Hire & Private Carriers | $5,000,000 |
Primary Liability Insurance Requrements Commercial Truck Insurance Requirements
- $750,000 – Most trucks hauling most commodities are required to have a minimum of $750,000 of primary liability coverage. Many brokers will require a minimum of $1,000,000
- $1,000,000 – As noted the commercial truck minimum requirements is $750,000 but most brokers and shippers you work with will request you have $1,000,000 in primary liability.
- $5,000,000 – If you are hauling certain hazardous materials, you’ll need a minimum of $5,000,000 in coverage.
Commercial Truck Insurance Requirements Cargo
The standard commercial truck insurance requirements for cargo is $100k. This can change depending on the type of cargo you haul. For example: Hazmat cargo insurance can be higher as well as auto hauler. And then if you are hauling heavy equipement or oversize loads. The commercial truck insurance requirements for the cargo you are hauling may be higher.
Knowing the correct commercial truck insurance requirements for the cargo you haul is very important. Some brokers / shippers may not accept certain a cargo policy from certain insurance comnpanies. You do not wish to buy a cargo policy which is not accepted. This could cost you money. JDW Truck Insurance can help you get the correct cargo insurance policy in place.
We can help you get the correct commercial truck insurance requirements in place and save money.