Tennessee Trucking Insurance Requirements
Insurance requirements and costs for trucking in Tennessee.
Minimum Liability and Coverage
Tennessee follows federal minimums: $750,000 for general freight, $1 million for hazmat. For intrastate carriers, TDOT requires $750,000. Tennessee follows a modified comparative fault system (50% bar). Total annual insurance for a Tennessee owner-operator runs $9,500-$17,000. Primary liability averages $7,000-$12,500. Memphis/Shelby County and Nashville/Davidson County can produce above-average jury verdicts. The state's large trucking market means competitive insurer options. Workers' comp is required for employers with five or more employees — trucking premiums average $7-$12 per $100 of payroll.
FAQs — Tennessee Trucking Insurance
Primary liability averages $7,000-$12,500 annually. Total insurance runs $9,500-$17,000. Memphis and Nashville courts can produce above-average verdicts. The competitive insurer market and moderate overall legal environment keep costs near the national average.