4-wheeler Insurance
Types Of Commercial Truck
- Flatbed
- Intermodal
- Tankers
- Dump Trucks
- Dry Van
Insurance Requirements for Trucks
Louisiana state law asks local truck drivers and new ventures to keep a certain amount of liability insurance. The amount you need depends on the type of freight you carry and where you pull it. If you never leave the state, you must get a PSC permit number and have a minimum amount of insurance:
| $510,000 | Liability Insurance (General Freight) |
| $1,000,000 | Liability Insurance (Oil Transport) |
| $5,000,000 | Liability Insurance (Hazmat) |
| $300,000 | Liability Insurance (Household Goods) |
| $10,000/vehicle and $10,000/catastrophe | Cargo Insurance (All household goods movers, waste haulers, salt water haulers, and towing vehicles) |
The insurance requirements for truck drivers who do interstate work are more rigorous. You must meet the above, and you must meet all the DOT truck insurance requirements recommended by the FMCSA. Typical federal liability limits are $750,000 or $1,000,000.
Both Louisiana and the US DOT require certain filings be submitted by your insurance agent. Your agent or insurance company will prepare these filings for you. These forms tell the government that all your semi truck insurance requirements are fulfilled. They must be filed before you can get your authority. Some common forms include:
- Form H
- The BMC-94
- Form MCS-93
- Form E
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