DMV: Commercial Vehicle Insurance

Commercial Vehicle Insurance

 

If you are a motor carrier and conduct commercial business with motor vehicles meeting any of the following criteria, you are required to report insurance coverage to DMV once a year:

1. A vehicle that operates in intrastate commerce (within Connecticut only) with a gross weight or gross vehicle weight rating (GVWR) or gross  truck/trailer weight or gross combination weight rating of 18,001 pounds or more;

 

2. A vehicle that operates in interstate commerce with a gross vehicle weight, or GVWR or gross truck/trailer combination weight of 10,001 pounds or more;

 

3. A vehicle designed to transport more than 15 passengers, including the driver;

 

4. A vehicle used in the transportation of hazardous materials in a quantity requiring HAZMAT “placarding” under the Hazardous Materials Transportation Act.

 

5. If the first four choices do not apply to you, you must complete and submit a Compliance Affidavit form to DMV for new registration transactions or renewals.

If any of above applies to any of your vehicles, Section 14-163d of the Connecticut General Statutes requires that you must file an Acord 25 Certificate Of Liability Insurance with DMV once a year that you maintain the following minimum levels of insurance coverage:

  • Freight vehicles of 10,001 pounds or more GVWR, non-hazardous:  $750,000
  • Freight vehicles of 10,001 pounds or more GVWR, hazardous: $1,000,000  or  $5,000,000 (higher liability required for certain types of hazardous material, see Federal Motor Carrier Safety Administration.
  • Any vehicle with a seating capacity of more than 8 passengers: $1,500,000
  • Any vehicle with a seating capacity of 16 passengers or more: $5,000,000
 




Content Last Modified on 2/28/2014 1:58:52 PM