|Type of Freight||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
- $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.
Hazmat Financial responsibility – Minimum levels – FMCSA Part 387
Guidance: Gasoline is a listed hazardous material in the table found at 49 CFR 172.101. §387.9 requires for-hire and private motor carriers transporting any quantity of oil in interstate or foreign commerce to have a minimum $1,000,000 of financial responsibility coverage. The Clean Water Act of 1973, as amended, declares that gasoline is an "oil," not a "hazardous substance." The $1,000,000 coverage also applies to for-hire and private mo tor carriers transporting gasoline "in-bulk" in intrastate commerce.
Accordion Sample DescriptionGuidance: Liquefied petroleum gas (LPG) is a flammable compressed gas. All transportation of LPG in containment systems with capacities in excess of 3,500 water gallons requires $5 million financial responsibility coverage. Interstate and foreign commerce movements of LPG in containment systems not in excess of 3,500 water gallons requires $1 million coverage. Intrastate movements of LPG in those smaller containment systems are subject only to state financial responsibility requirements.
uidance: A "hopper type" vehicle is one which is capable of discharging its load through a bottom opening without tilting. This vehicle type would also include belly dump trailers. Rear dump trailers and roll-off containers do not meet the definition of a bottom discharging vehicle
Guidance: $5,000,000 of insurance is required. The table in §387.9 requires that amount of coverage for hazardous substances transported in “cargo tanks, portable tanks, or hopper-type vehicles with capacities in excess of 3,500 water gallons.” The transporting vehicle must have “a gross vehicle weight rating of 10,000 or more pounds.” Section 171.8 of title 49, C.F.R., defines a “cargo tank motor vehicle” as a motor vehicle with one or more cargo tanks permanently attached to or forming an integral part of the motor vehicle. Additionally, the use of the plural to describe the tanks and the singular to describe the truck implies that the standard is met if several tanks with a combined capacity of 3,500 water gallons are transported on the same vehicle. This is consistent with the purpose of the financial responsibility requirement — in this case, to protect the public from financial loss following an accidental release of hazardous material—because all of the compartments in a single tank trailer could be damaged in one crash. Here, the compartments on the vehicle have a total capacity of greater than 3,500 water gallons, therefore $5,000,000 of insurance is required.
Question 5: What level of insurance is required for a motor carrier operating a tube trailer where the cylinders are manifolded together. Each separate cylinder has a capacity less than 3,500 water gallons, but the total capacity of all the cylinders on the vehicle is in excess of 3,500 water gallons.
Guidance: $5,000,000 of insurance is required, for the reasons given above. The table in §387.9 refers to “in bulk Division 2.1 or 2.2 materials.” The definition of in bulk in §387.5 includes “the transportation, as cargo, of property … in containment systems with capacities in excess of 3,500 water gallons.” In this case, a group of cylinders manifolded together qualify as “containment systems.” As in Guidance A, the table describes the vehicle in the singular. As long as the containment systems transported on a single vehicle have a total capacity of at least 3,500 water gallons, $5,000,000 of insurance is required.
- Red placards indicate the material is flammable;
- Green placards indicate the material is non-flammable;
- Yellow placards indicate the material is an oxidizer;
- Blue placards indicate the material is dangerous when wet;
- White placards indicate the material is an inhalation hazard and/or poison;
- Black and white placards indicate the material is corrosive;
- Red and white placards indicate the material is a flammable solid or spontaneously combustible (it depends on the color pattern);
- White and yellow placards indicate the material is radioactive;
- Orange placards indicate the material is explosive;
- White placards with black stripes indicate miscellaneous hazardous materials.
High Risk Commercial Truck Insurance Quotes
- Large shock losses
- Multiple alerts
- Truck insurance cancellations by current provider
- Conditional safety ratings
- High CSA scores
- High SMS scores
- High out of service percentages (OOS)
- Elevated CAB scores
- High loss frequency
- Driver experience
- Newly licensed drivers
- New venture truck insurance
- Poor credit scores
- State assigned risk pool
- High risk cargo
- SR22 insurance