Minimum Insurance Requirements for Commercial Trucks

The insurance requirements for the truck involved in your Kentucky truck accident will depend on the class of vehicle. The type of use, cargo, and weight all has an impact on the insurance requirement's minimum coverage. If this coverage is not present or inadequate, your truck accident claim will be more complicated.

The federal insurance requirements for commercial trucks are as follows: 

• $750,000 - For-hire, non-hazardous property cargo trucks weighing more than 10,001 lbs.
• $5,000,000 - For-hire and private, certain classes of hazardous substance cargo trucks weighing more than 10,001 lbs.
• $1,000,000 - For-hire and private, oil and hazardous waste cargo trucks weighing more than 10,001 lbs.
• $5,000,000 - For-hire and private, certain classes of hazardous substance cargo trucks less than 10,001 lbs.

Understanding the cargo classifications, truck carriage status, and determining the coverage levels is a complicated, often difficult process. A well-versed Kentucky truck accident attorney can help you decipher the truck's insurance requirements and coverage to help you recover compensation for your truck accident injuries and related-expenses.

Visit our library for more information about the financial responsibility of truck drivers and their companies, as well as how insurance requirements impact all drivers.

If you or a loved one were seriously injured in a truck accident in Kentucky, the attorneys at Gray and White Law are here to help. We have successfully handled many Kentucky truck accident and wrongful death cases. Contact us today to schedule an evaluation of your case - 1-800-634-8767.