Most truck accidents involve serious injury and /or death. Because a typical rig can weight up to 80,000 pounds, occupants of a 4000-pound passenger car have little chance to escape serious injury on impact. Given the serious injury potential of large commercial vehicles the minimum insurance required for commercial trucks over 10,000 pounds and subject to the Federal Motor Carrier Safety Regulations is $750,000. It has been our experience that motor carriers carry at least a 1 million dollar primary policy and most companies with more than a few trucks carry and umbrella policy.
The Federal Motor Carrier Safety Regulations specify larger insurance coverage for trucks carrying hazardous material and commercial passenger vehicles.
Given the propensity for serious injury and wrongful death arising from a 18 wheeler accident most insurance companies who underwrite large Truckers Insurance Policies have “quick response teams” on the site of the accident in 24 hours or less. The purpose of such teams is to gather information helpful in the defense of a wrongful death or serious injury lawsuit. The defense of truck accident cases frequently centers on efforts to shift responsibility from the driver or company to the plaintiff or other third parties.