Quick answer
Auto liability insurance, often called BIPD, covers bodily injury and property damage a truck causes to other people. Federal minimums for for-hire carriers depend on vehicle weight and cargo: $750,000 for non-hazardous property in vehicles of 10,001 pounds or more, and $300,000 for lighter vehicles.
Last updated
Auto liability insurance
Auto liability insurance, often called BIPD, covers bodily injury and property damage a truck causes to other people. Federal minimums for for-hire carriers depend on vehicle weight and cargo: $750,000 for non-hazardous property in vehicles of 10,001 pounds or more, and $300,000 for lighter vehicles.
FMCSA’s public data often shows no insurance figure for carriers whose coverage is current, so ask for a certificate of insurance rather than relying on a blank.
General information, not legal advice. See the full glossary for more terms.