The Basics of Commercial Truck Insurance Limits

A Kentucky truck accident is usually more likely to cause serious injury or death as a result of the large nature of the vehicle. The cargo being transported can also be a contributing factor to the severity of the accident. When there is a higher risk of injury, death and damage with a particular vehicle, insurance requirements are generally higher.

Federal regulations require the following minimum amounts for commercial truck insurance: 

• $750,000 minimum for trucks weighing 10,001 or more pounds while transporting nonhazardous property;
• $5 million minimum for trucks weighing 10,001 pounds or more while transporting specific hazardous substances;
• $1 million minimum for trucks weighing 10,001 pounds or more while transporting oil, hazardous waste, and specific hazardous materials; and
• $5 million minimum for trucks weighing 10,001 pounds or less while transporting specific hazardous substances.

If a commercial truck is lacking in the required amounts for commercial truck insurance this may have a serious impact on your personal injury case following a Kentucky truck accident. Our article on commercial truck insurance requirements explains more about the insurance requirements for commercial truck operation.

If you have been involved in a Kentucky truck accident your damages can be immense, including high-cost injuries, serious property damage, and lengthy recovery from the accident. High insurance limits are in place for truck drivers to protect the company from lawsuits from accidents such as yours. When your injury and damage expenses are serious, a Kentucky truck accident attorney can help you review your options.

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.