How Much Auto Insurance Must A Trucking Company Carry Per Truck In Texas

How Much Auto Insurance Must A Trucking Company Carry Per Truck In Texas
by Arthur Williamson

Depending on the state you live in, the minimum amount of insurance required for a trucking company can vary significantly. The Federal Motor Carrier Safety Administration (FMCSA) has specific limitations for truck drivers, but Texas typically requires a minimum of $300,000 in coverage ranging up to $5,000,000. 

The amount of minimum coverage varies depending on if the truck is operating on an interstate basis or whether it only operates within Texas borders. 

Texas Trucking Insurance Coverage 

Heavier trucks that transport hazardous goods require higher coverage limits to compensate for the amount of risk involved. However, commercial trucks operating within Texas are legally required to have the minimum coverage options:

  • $300,000 for a truck that contains household goods  
  • $500,000 for a truck transporting general freight
  • $1,000,000 for a truck carrying oil 
  • $5,000,000 for a truck carrying a HAZMAT substance

If you own trucks that operate across state lines, you should also check the minimum FMCSA insurance requirements. For instance, a truck that carries household goods outside state lines and weighs over 10,001 pounds needs a minimum coverage of $750,000. 

In addition, it is important to note that the listed requirements are the legal insurance minimums required. Purchasing higher coverage limits can provide a more effective safety net for trucking companies that might incur unexpected losses. 
Read on to learn more about the average cost of monthly trucking insurance at Assured Standard!

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