Or. Admin. Code § 740-040-0030 - Cargo Insurance
(1) All
Class 1A, 1G, 1B and 1C for-hire carriers are required under ORS
825.162 to have cargo insurance.
A policy or a certificate of insurance in the minimum amount of $10,000, signed
by the carrier's insurer, must be filed with the Department of
Transportation.
(2) The Department
may waive the requirement for cargo insurance in circumstances where a carrier
makes a sufficient showing that its service is limited to commodities not
subject to material damage or loss through ordinary transportation hazards.
Commodities not subject to material damage or loss through ordinary
transportation hazards include, but shall not be limited to: Sand, gravel,
rock, dirt, debris, cinders, wet ready-mix concrete, metallic ores and
concentrates; logs, poles, piling, and cut trees; cordwood, wood chips, lumber,
shingles, veneer, plywood, particle board, wallboard, and siding; unprocessed
agricultural commodities; fish scrap; newspapers; garbage and waste material
for recycling; compressed motor vehicle bodies; and water.
Notes
Stat. Auth.: ORS 823.011 & ORS 825.162
Stats. Implemented: ORS 825.162
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