Commercial Auto Liability is the coverage that insures bodily injury and property damage to a third party that you are legally liable. It is required by law in the United States to carry at least a $750,000 combined single limit of auto liability coverage in order to operate as an interstate motor carrier. Most motor carriers, however, operate with a combined single limit of $1,000,000 in auto liability coverage due to most freight brokers and shippers requiring that amount on a certificate of insurance.
Auto liability is often times the most expensive line of coverage that you will purchase when obtaining motor carrier trucking insurance. This is due to the fact that most claims are paid out from this coverage and are oftentimes more expensive than other claims. This premium can vary depending on various factors specific to your company.
It is extremely important when searching for auto liability coverage that you not only search for a competitive price, but you also search for an agent and insurance carrier that focuses their expertise and specialties on the trucking industry.