Commercial Truck Insurance for Fleets and Owner Operators

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What's the minimum insurance coverage for getting an MC number/ICC Authority?

Vehicles with a Gross Vehicle Weight Rating of 10,000+ pounds:
$750,000 (BI &PD) for general commodities (non-hazardous)
$1 Million (BI &PD) hazardous except class A & B explosives
$5 Million (BI & PD) Class A & B explosives, hazardous materials transported in specified capacities in tanks or hoppers and/or any quantity of hazardous materials as specified in 49 CFR 173.403 of the Federal Motor Carrier Regulations.
Vehicles with a Gross Vehicle Weight Rating of less than 10,000 pounds:
$300,000 (BI & PD) for general commodities except any materials listed below.
$5 Million (BI & PD) for any quantity of Class A or B explosives, for any quantity of Poison Gas (Poison A) or highway route controlled quantity of radioactive materials.
Broker Authority:
Brokers must maintain a surety bond or trust fund in the amount of $10,000, which we can setup for you.

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