Commercial Vehicle Insurance Coverage

Federal and State law requires commercial vehicles to carry a minimum amount of liability insurance, based on the size of the commercial vehicle and the type of product it carries. With several parties liable, such as the commercial vehicle driver, commercial vehicle owner or leaser, trailer owner/leaser, as well as the people responsible for loading the trailer, there can be numerous parties and insurance policies involved, meaning the sum of all insurance valued is likely in the millions. Insurance adjusters will try to scam for what appears to be a just settlement when in reality your case deserves much greater compensation.

Passenger carriers:

• Seating capacity 16-26: $500,000 single limit
•  Seating capacity 27+: $5 million single limit

Household goods carriers:

• 26,000 lbs. or less: $300,000 single limit
• Property carriers over 26,000 lbs.: $500,000 single limit

Hazardous materials carriers:

• $1 million or $5 million single limits, depending on specifics.
• A motor carrier that operates a foreign commercial motor vehicle must comply with the minimum level of financial responsibility in 49 CFR Part 387 to the extent Part 387 prescribes a higher level of financial responsibility than the state.

Texas insurance companies are required to file their commercial policyholders’ information with the Texas Department of Motor Vehicles. This electronic notification provides the state with the driver and vehicle information, coverage limits, and policy inception and expiration dates. All cancellations are also reported to the Texas DMV. Drivers are also required to keep proof of vehicle registration and insurance in their cab at all times. Drivers must provide this proof at the time of a violation, accident, and upon the request of a law enforcement officer or court official.

After you are injured in a commercial vehicle accident, our experienced Houston commercial vehicle accident attorneys will investigate the commercial vehicle driver, commercial vehicle company’s, and trailer company’s insurance coverage. However, investigation of a commercial vehicle accident can be a detailed and lengthy process due to the number of different parties liable, which is why we recommend working with a legal team as early as possible after your accident.

Free Commercial Vehicle Accident Legal Consultation

The attorney you choose does make a difference; don’t get hurt twice. Our expert legal team has proven to be dedicated, compassionate, and most importantly, effective fighters for our clients. We have handled thousands of personal injury cases and recovered millions of dollars for our clients. We are with you every step of the way. We handle all personal injury cases on a contingency fee basis, and we never charge a fee unless we win.

Hollingsworth Law Firm is located at 1415 North Loop West, Suite 200, Houston, Texas 77008. You can call us at 713-637-4560 or fax at 713.474.9017. Our office is open Monday through Friday from seven in the morning until seven at night closed on Saturday and Sunday. You can always send us a message on our website.