Do trucking companies have to carry a minimum amount of liability insurance?

Every trucking company must carry a minimum of $750,000 in insurance coverage for trucking accidents in Illinois and every other state.  This amount is higher for motor carriers that are hauling hazardous materials.  This is required by the Federal Motor Carrier Safety Administration.  The rules regarding trucking insurance coverage are quite complex, so is there is any concern regarding whether all of the insurance coverage has been identified, you should consult with an experienced Chicago truck accident lawyer.