What are the minimum truck insurance requirements?

Dump truck operators generally need $2 million to $5 million in Third Party Liability coverage to secure work, despite lower statutory minimums. Essential policies also include Motor Truck Cargo (typically $25,000+) and standard Accident Benefits. Most construction contracts mandate these higher limits for job site compliance.

Standard Dump Truck Coverage Limits

• Third Party Liability: While the legal minimum is $200,000, you need at least $2 million to register with most carriers; $5 million is preferred for municipal work.
• Motor Truck Cargo: Limits of $25,000 to $50,000 are standard to cover load spillage or damage to aggregates like sand, gravel, and asphalt.
• Commercial General Liability (CGL): Almost all job sites require a separate $2 million to $5 million CGL policy for non-driving accidents on the premises.

Always review your specific construction contracts before purchasing, as many prime contractors mandate $5 million liability limits for site access.