What type of insurance is mandatory for CDL holders to operate commercial vehicles?

Liability insurance is a critical requirement for CDL holders operating commercial vehicles because it provides financial protection in the event that an accident results in injuries or property damage to others. This type of insurance is designed to cover the costs associated with claims made against the driver for damages they may have caused while operating a commercial vehicle. In many jurisdictions, including Colorado, maintaining a minimum level of liability insurance is not just prudent; it is a legal requirement for all commercial drivers.

The necessity for liability insurance stems from the potential severity of accidents involving large vehicles, which can lead to significant damage and costly medical expenses. Liability insurance ensures that the driver and the trucking company are financially protected against legal claims, adhering to state and federal regulations that govern commercial vehicle operation.

Collision, comprehensive, and uninsured motorist insurances, while beneficial in certain aspects, do not fulfill the mandatory requirement for liability coverage, as they serve different purposes in protecting the driver’s own vehicle or providing coverage in specific circumstances. Therefore, liability insurance is the foundation of responsible commercial vehicle operation.