How much liability insurance does a commercial dumping truck company take?

Answers: If you have need of a Commercial General Liability for the Business, then you will need 2,000,000 Aggregate Limit and 1,000,000 Occurence. If you are chitchat about Commercial Auto Insurance, then it vary from State to State. In California, the minimum is $750,000 and most companies get at least $1,000,000 Combined Single Limit (Bodily Injury and Property Damage)
There is not a liability limit for each class of business. Your state may require a minimum amount contained by order for them to conduct business, but that doesn't mean that they hold it. I once had a client hit by a gravel hauler who had agree to their insurance lapse.

If I were making recommendation to a dumping truck company, I would rouse a minimum of $1,000,000 plus a commercial umbrella. Some will listen to their agents and others will only do what is required by law.
This amount is normally controlled by your State's Department of Transportation.

In Texas, the Texas DOT requires a MINIMUM limit of liability of $500,000 Combined Single Limit liability for ANY vehicle that have a GCVW (Gross Combined Vehicle Weight) GREATER than 26,001 pounds. This will include MOST dump trucks unless they are small single axle 3-5 yard box trucks.

To cross State lines, USDOT gets involved and you as a rule have to carry a MINIMUM aim of $750,000 Combined Single Limit for non-hazmat materials.

This is PUBLIC LIABILITY only and basically simply protects you while driving down the road - and are MINIMUM REQUIREMENTS ONLY. You might want to consider HIGHER limits as the cost is really negligible for increased protection.

If the company is involved within other operations, they should also carry a commercial nonspecific liabilty policy for any operational hazard protection - dumping, grade of land, septic tank installation, etc.

You a moment ago need to contact a LOCAL independent insurance agent. Look in your local phone book for the PIA or Big I (Trusted Choice) logo and you should be capable of find a professional agent there that can help you near your insurance needs. Just be sure to ask if they have someone in attendance that "specializes" in dump trucks.

In my agency, we go steps ahead and back complete application with the State or federal government entities.

Good luck and I hope this help! Source(s): Independent insurance agent for 27+ years

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