Primary Liabilty Coverage
This coverage option protects you from damage or injuries to other people as a result of a truck accident. This coverage is mandated by state and federal agencies and proof of coverage is required to be sent to them.
Your Primary Liability Policy is made up of several components:
1. Bodily injury liability provides protection if you injure or kill someone while operating the truck. It also provides for a legal defense if another party in the accident files a lawsuit against you.
In the event of a serious accident, you want enough insurance to cover a judgment against you in a lawsuit, without jeopardizing your personal assets.
Bodily injury liability covers injury to people, not your vehicle. Therefore it's a good idea to have the same level of coverage for all of your trucks.
2. Uninsured motorists coverage pays for your injuries caused by an uninsured driver, or in some states, a hit and run driver, in a crash that is not your fault.
3. Property damage liability protects you if your car damages someone else's property. It also provides you with legal defense if another party files a lawsuit against you. It is a good idea to purchase enough primary liability insurance to cover the amount of damage your car might do to another vehicle or object.
Interstate truckers will need the appropriate state form endorsements which extend coverage to the regulatory agencies.
Policy limits, for operations with trucks over 10,000 gross vehicle weight have a required limit of $750,000. This limit is set by the FHWA on interstate travel and, generally, matched by the various States.