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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.

Regulatory Topic: Applicability of Financial Responsibility Requirements to Towing
Published Date: Sunday, May 4, 1997
Issued Date: Friday, April 4, 1997