Legal Requirements for Trucking Insurance When it comes to the trucking industry, insurance for truckers is not just a good idea; it is a legal necessity. Most regions mandate that commercial trucking companies carry specific types of insurance coverage to ensure that both the drivers and the public are protected. For instance, in the United States, the Federal Motor Carrier Safety Administration (FMCSA) stipulates minimum liability insurance levels for different types of vehicles.Typically, the requirements include: $750,000 to $5 million in liability insurance for trucking companies, depending on the type of cargo transported. Cargo insurance to protect against the loss or damage of goods […]