S.C. Code Ann. Regs. 38-414 – 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 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.)

HISTORY: Added by State Register Volume 22, Issue No. 3, eff March 27, 1998.