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Homepage - Physicians Liability Insurance Company

The PLICO Board consists of Oklahoma physicians who are elected by the OSMA House of Delegates. PLICO is managed, controlled and directed by its physician.

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Liability Insurance Administrators - Company Profile

Liability Insurance Administrators (LIA) has been offering Errors & Omissions (E&O) insurance to Appraisers and Real Estate professionals nationally since 1977. LIA is ...

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Trucking Liability Insurance Requirements

Before you can start your own interstate trucking company there is specific requirements mandated by Federal and State governments that will require you to carry particular limits of public liability limits for bodily injury, property damage, and environmental restoration. The amount of public liability insurance required will depend on your specific business operations. Here are the basics:

The lowest public liability limit required by the FMCSA is $300,000 which is for vehicles that are under 10,000 pounds GVW. The most common is $750,000 which is for vehicles that are 10,001 GVW or more pounds. When you are carrying hazardous materials the requirements increase to $1,000,000 and if you carry liquid hazardous materials such as gasoline then the limit will be $5,000,000.

Your individual base state may also have particular insurance requirements even if you do not transport any commerce across state lines (intrastate operations). I recommend that you contact an agent that specializes in trucking insurance to determine your particular needs based on your operations. Once you purchase your public liability insurance your carrier, not the agent will file the necessary forms with the FMCSA. You have approximately 20 days to make the insurance filing once you have filed your authority with the FMCSA. You will have to own or lease your truck before you can obtain the necessary insurance to satisfy the FMCSA. In addition cargo insurance must be carried as well with a minimum level of $5,000 in coverage. Most companies that you will be working for as an owner operator will require you to carry at least $100,000 in cargo insurance.

We are a full service independent insurance agency specializing in trucking insurance for over 20 years. We also operate a trucking authority service http://www.yourauthorityservice.com where you can visit to obtain authority, permitting, and insurance services.

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