What type of insurance coverage is mandatory for commercial trucks?

Liability insurance is the mandatory coverage required for commercial trucks because it protects against claims resulting from injuries and damages you may cause to other parties during the operation of your truck. This requirement ensures that in the event of an accident, the injured parties receive compensation for their losses, and it protects your business from significant financial risks associated with lawsuits and claims.

The law mandates that all commercial vehicles carry a specified minimum amount of liability insurance to ensure that there are funds available to cover damages and injury. This is particularly important in the trucking industry, where the potential for accidents can result in substantial financial impacts.

While comprehensive insurance, collision coverage, and uninsured motorist protection are all valuable types of coverage, they are not universally required by law for commercial operations. Comprehensive insurance covers vehicle damage from non-collision events, collision coverage addresses damages to your own truck, and uninsured motorist protection is designed to cover damages when involved with uninsured drivers. These types of insurance may be beneficial for additional protection, but they do not fulfill the legal obligation that liability insurance does.