How much is the Extended Third Party Liability coverage for dangerous goods vehicles?

The Extended Third Party Liability coverage for vehicles that transport dangerous goods is set at $10 million. This amount reflects the high level of risk associated with transporting hazardous materials, which can potentially cause significant damage to property and pose serious health risks to the public in the event of an accident. Insurance in this category is designed to ensure that adequate financial resources are available to cover claims arising from incidents involving dangerous goods.

While other coverage amounts may exist for different types of liability or insurance needs, the standard for dangerous goods vehicles is specifically defined at the $10 million level. This amount not only aligns with industry standards for hazardous material transport but also offers necessary protections for both the operators and the public.