S.C. Code Regs. § 103-172

Current through Register Vol. 48, No. 3, March 22, 2024

Section 103-172 - Schedule of Minimum Limits

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 LIABILITY LIMITS

EQUIPMENT & CAPACITY

PASSENGER

1 to 7 Passengers $25,000.00 $50,000.00 $25,000.00

8 to 15 Passengers $25,000.00 $100,000.00 $25,000.00

16 or More Passengers $25,000.00 $300,000.00 $25,000.00

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 172.101; hazardous waste, hazardous materials, and hazardous substances defined in 49 CFR 172.101 but not mentioned in 1. (b) or 2. (b).)

2. LESS THAN 10,000 POUNDS GVWR.

a. NON-HAZARDOUS $500,000 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. 103-172

Amended by State Register Volume 32, Issue No. 5, eff May 23, 2008.