How much trucking insurance am I required to carry in the state of New Jersey?

Every state has its own insurance requirements for truckers. While many states’ requirements may be similar, it’s important to understand what your state specifically requires if you’re a trucker. Our Kearny, NJ, team at MSM Insurance Agency Inc. is dedicated to helping truckers get the coverage they need to legally and safely operate within the state, as trucking laws can vary significantly from state to state.

What Is Trucking Insurance?

Trucking insurance is similar to conventional car insurance in that it protects your moving vehicle. However, trucking insurance is tailored to meet the specific needs of truckers. It provides coverage for cargo, legal and liability protection, property damage, and more.

How Much Trucking Insurance Is Required in New Jersey?

All truckers are required to carry commercial liability insurance. If you operate a truck weighing more than 26,000 pounds, you must purchase $1.5 million in commercial liability coverage. For smaller trucks weighing between 10,000 pounds and 26,000 pounds, you are required to carry at least $300,000 in commercial liability insurance. Commercial liability insurance is similar to auto liability insurance in that it protects truckers from bodily injuries, property damage, and any deaths resulting from accidents.

We’re Here to Help

Our Kearny, NJ, agents at MSM Insurance Agency Inc. are committed to helping our current and future clients meet their insurance needs to operate legally within the state. We understand that trucking laws can vary from state to state, which is why we’re just a phone call away. We’re always available to answer your questions and ensure you get the coverage you need.