When are tow trucks subject to financial responsibility coverage?
Part 387
Section § 387.3: Applicability.
Guidance Q&A
Question 3: When are tow trucks subject to financial responsibility coverage?
Guidance: For-hire tow trucks with a GVWR or GCWR of 10,000 pounds or more performing emergency moves in interstate or foreign commerce are required to maintain minimum levels of financial responsibility in the amount of $750,000. For-hire tow trucks performing secondary moves are required to maintain levels of coverage applicable to the commodity being transported by the vehicle being towed.