1. 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 minimum coverage:
2. $750,000– Most trucks hauling most commodities are required to have a minimum of $750,000. Many load brokers will require a minimum of $1,000,000.
3. $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.
4. $5,000,000– If you are hauling certain hazardous materials, you’ll need a minimum of $5,000,000 in coverage.

Whether you are a large truck company or an Owner Operator, General Liability Insurance is a good idea. General liability insurance can cover risks to your business outside of operating your truck. Some of the exposures General Liability insurance can cover you against are:

1. Delivering your load to the wrong place
2. A client slipping and falling in your office
3. One of your drivers going berserk at a truck stop
4. Slandering a load broker that later sues you
5. It makes sense to cover your risks whether they are on the road or off the road.