The minimum amount of security required to compensate others for bodily injury, death, or property damage (other than cargo) shall be:
Kind of equipment | Limit for bodily injuries to or death of one person | Limit for bodily injuries to or death of all persons injured or killed in any one accident (subject to max. shown in Column 1) | Limit for loss or damage in any one accident to property of others (excluding cargo) |
Passenger equipment seating 5 or less | $25,000.00 | $50,000.00 | $10,000.00 |
Passenger equipment seating 5 - 20 passengers | $50,000.00 | $200,000.00 | $30,000.00 |
Passenger equipment seating more than 20 passengers | $100,000.00 | $500,000.00 | $50,000.00 |
Equipment used exclusively in the transportation of property | $100,000.00 | $300,000.00 | $50,000.00 |
Ala. Admin. Code r. 770-X-10-.04-.03
Author: Alabama Public Service Commission
Statutory Authority:Code of Ala. 1975, §§ 37-3-5, 37-3-7.