Trucking Insurance

There is a multitude of laws and regulations that govern how much truck insurance you need to carry.

• Most independent truckers and trucking companies must comply with coverage requirements set by the Federal Motor Carrier Safety Administration (FMCSA). Rules will differ based on various factors.
• If you finance a truck when you buy it, you might have to purchase physical damage insurance.
• Certain trucking companies must carry surety bonds.

Our agents are experts in all aspects of trucking insurance, which is why we are committed to working with you to determine where your coverage needs lie. Plus, if you are concerned about keeping your plan affordable, we can comprehensively search the insurance market to find you a plan that is both to your benefit but still affordable. 

Truckers need to insure both their vehicles and the business liabilities they assume. Therefore, they will need several types of coverage within their trucking plan:

• Physical Damage Insurance: This will pay for damage to your truck and trailer following collisions or other accidents.
• Non-owned Trailer Physical Damage Coverage: If you own your cab but not your trailer, you will likely have to insure the trailer separately.
• Motor Truck Cargo Insurance: As a subset of inland marine insurance, cargo insurance insures the items in your truck that are shipments.
• Primary Trucking Liability Insurance: Liability coverage pays for third-party injuries or property damage because a wreck is your fault. Primary coverage pays for at-fault accidents that occur while you are on dispatch.
• Non-Trucking Liability Insurance: When you drive your truck for personal or non-business purposes, you can extend your liability coverage during this time.
• Trucking General Liability Insurance: During times of loading, unloading, or other activities involving a parked truck, this coverage can apply. It will pay for third-party property damage or bodily injuries.
• Bobtail Liability Coverage: If you are driving without a trailer or an empty trailer (even on dispatch), this liability coverage will apply.
• Environmental Liability Coverage: Truckers who haul hazardous materials or contaminants will need this coverage. It can help you clean up the damage and pay other costs resulting from spills and other accidents.

A full-time trucker will also likely qualify for worker’s compensation coverage if they get hurt in a wreck on the job. But, again, talk to your agent about the best way to tweak your plan to your benefit.