Minimum insurance requirements under federal law
To ensure that victims of truck accidents can be compensated for damages, federal law mandates minimum levels of insurance coverage for all commercial carriers engaged in interstate commerce.
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Types of insurance coverage for trucking companies
Because of the high risks and potential damages associated with commercial trucking, companies are required to carry specialized insurance policies. These cover not only the trucks themselves but also the wide range of liabilities that can arise after an accident.
Commercial driver’s license standards
Operating a commercial truck requires far more training and responsibility than driving a passenger car. The U.S. has established strict Commercial Driver’s License (CDL) standards to ensure only qualified and fit drivers handle large trucks.