S.C. Code Regs. § 38-414
Insurance policies and surety bonds for bodily injury and property damage will have limits of liability not less than the following:
MOTOR CARRIERS KIND OF EQUIPMENT & CAPACITY LIABILITY LIMITS FREIGHT (All motor vehicles used in the transportation of property.) | |||
1. | 10,000 OR MORE POUNDS GVWR. | ||
a. | NON-HAZARDOUS | $ 750,000 per incident | |
b. | HAZARDOUS | $5,000,000 per incident | |
(Hazardous substances, as defined in 49 CFR 171.8; Class A or B explosives; liquefied compressed gas or compressed gas; or highway route controlled radioactive materials as defined in 49 CFR 171.455.) | |||
c. | HAZARDOUS | $1,000,000 per incident | |
(Oil listed in 49 CFR 171.101; hazardous waste, hazardous materials and hazardous substances defined in 49 CFR 171.101 but not mentioned in 1.(b) or 2.(b).) | |||
2. | LESS THAN 10,000 POUNDS GVWR. | ||
a. | NON-HAZARDOUS | $ 300,000 per incident | |
b. | HAZARDOUS | $5,000,000 per incident | |
(Any quantity of Class A or B explosives; or highway route controlled quantity radioactive materials as defined in 49 CFR 173.455.) | |||
S.C. Code Regs. 38-414