Are semi trucks required to carry insurance?
The Federal Motor Carriers Association governs certain trucking companies whose trucks travel between states and requires the companies to have at least $750,000 worth of bodily injury and property damage insurance on each truck and driver. However most companies carry $1,000,000 worth auto liability insurance. Trucking companies that are not under federal jurisdiction are typically required by their particular state government to maintain a specified amount of insurance on their trucks and drivers.