How much insurance do i need to oparate cargo van under my own authority.

[JohnnyMoe]

Hello all i am new to expediting and i am considering bying cargo van and my own authority to oparate 48 states. Can anyone tell me insurance requirments for that type of vehicle?Cargo, liability/

 

[Jack_Berry]

call ooida. do research here using the search function.

 

[Jefferson3000]

Hello all i am new to expediting and i am considering bying cargo van and my own authority to oparate 48 states. Can anyone tell me insurance requirments for that type of vehicle?Cargo, liability/

FMCSA requires a minimum liability of 300K for any vehicle under 10,000 gvwr. Add $50,000 cargo insurance required if you set up as common carrier rather than contract. The real question is what your customers require.

If you want to deal with the major expedited carriers, they require 1 Mil. liability, 100K cargo, no matter what type vehicle you run.