How much insurance are commercial trucks required to have?

semi truck on the road_truck accident lawyer

Trucks with a commercial registration have both state and federal insurance requirements. Federal regulations establish a minimum amount of insurance coverage that ranges from $750,000 up to $5,000,000 based on the type of commercial vehicle and the cargo being transported. There are different requirements for commercial vehicles that transport people as opposed to those transporting property. Trucks that haul potentially hazardous cargo have some of the highest insurance coverage requirements for drivers hauling property. Motor carriers transporting people have the highest coverage minimums. Minimum coverage amounts The minimum federal financial responsibility requirement for motor carriers operating in interstate or foreign commerce with a vehicle seating capacity of 16 or more passengers is $5,000,000. The minimum required coverage for vehicles with seating capacity of 15 or fewer passengers is $1,500,000. There are some exceptions to that amount. A truck accident lawyer can advise on the amount of insurance a commercial vehicle is required to have based on the type and any state-specific laws. Motor carriers transporting hazardous substances must have at least $5,000,000 of coverage. There are some exceptions that allow for the transportation of hazardous waste and other hazardous materials in bulk with a minimum coverage as low as $1,000,000.

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What Your Work Injury is Worth in Nevada [infographic]

thumbnail_Workers Comp Disability Categories

The Nevada workers compensation system compensates employees who are injured on the job, but there are limits on benefit amounts. When filing a claim, a Nevada workers compensation attorney can explain injuries and benefit limits. (Article continues below Infographic) ______ Workers Compensation Claims Nevada workers compensation benefits fall into four categories: temporary total disability; temporary partial disability; permanent total disability; and permanent partial disability. Each category has guidelines and restrictions.

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Kathleen A. Sigurdson

1440 Haskell Street, Reno, Nevada 89509
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