Insurance companies in California don’t usually offer general liability insurance plans for most businesses because it isn’t typically required by law. However, trucking companies that own and operate trucks are required to have a certain level of liability coverage.
Depending on the type of trucks that a trucking company owns, cargo weight, and the materials they transport, these are the liability insurance limits required by California trucking law:
In addition, drivers that transport hazardous goods and drive large vehicles will need to have a motor carrier permit to show that they registered their California Carrier Identification number with the DMV.
They’ll also need to get a Certificate of Insurance (MC 65 M) from their insurance provider or a Certificate of Self Insurance (MC 131 M).
Motor carriers that can qualify for a Certificate of Self Insurance need to have a minimum of 25 or more commercial vehicles registered in the motor carrier name, coverage equal to or below and $750,000, and have no “unsatisfied judgment(s) against the motor carrier name or the “doing business as” (DBA) or trade names resulting from property damages and/or bodily injury (including death) caused by a motor vehicle accident listed on the application.”
Read on to learn more about general liability trucking insurance providers at Assured Standard!