According to the Federal Motor Carrier Safety Administration, commercial trucks are required to carry minimum insurance coverage amounts depending on the vehicle and cargo being driven. The more dangerous the cargo and heavier the truck, the more coverage drivers are required to have. Minimum commercial truck insurance limits are currently: $300,000 for non-hazardous cargo in trucks under 10,001 pounds $750,000 for non-hazardous cargo in trucks 10,001 pounds and over $1 million for oil being transported by for-hire/private carriers $5 million for other hazardous materials or explosives being transported by for-hire/private carriers Additional cargo coverage for household goods being transported, $5,000 per vehicle/$10,000 per occurrence Keep in mind that these are federal minimums; additional minimums may be required by certain states, companies, or when hauling specific cargo.