|Company||Insures OTR Trucking?||Insures Startups?||Insures Owner Operators?|
Classic Truck Insurance Inc.
Good's Insurance Agency
Insure My Rig
When a commercial truck has an accident, the trucking company needs to be insured to protect themselves from four distinct types of claims. A single accident is likely to result in damages for each of these four categories, making it monumentally important that a truck insurance company is fully covering each category of claims.
Truck liability insurance covers the damage that is done to the other party. If a tractor trailer damages a delivery dock while dropping off a load, payment will be made to the shipment receiver for repairs. If a truck strikes another vehicle, the insurer will pay for the repairs required by the other vehicle. If a pedestrian or a driver in another vehicle is hurt by your truck, the insurance company will pay for the medical bill.
If a tractor trailer carrying a load of fine china gets jostled and partially destroyed while going over a curb, it’s good to have cargo insurance coverage. Likewise, if the trailer is broken into and some of the shipment is stolen, the truck insurance agents will be writing the check, and not you.
Physical Damage Insurance
There are plenty of ways a semi truck can be damaged that will result in a hefty repair bill. Getting backed into at a truck stop, damage from hail or flash floods, and arson are all events that are out of your control but can still sink your business. Tractor trailer insurance that doesn’t include physical damage coverage will leave a major gap in your protection.
Workers’ Compensation and Medical Insurance
Accidents or illnesses will result in medical bills and recovery time. A company that doesn’t have coverage for employee injury is leaving out an important aspect of insurance coverage and missing a strong recruitment tool.
Bobtail Insurance and Non-Trucking Liability Insurance
Keeping your vehicle protected when it is not under dispatch or not pulling a trailer is an essential part of a semi truck insurance plan. These policy types will keep your vehicle covered in the few situations that aren’t covered by the previously mentioned insurance policies, and the additional coverage tends to be very inexpensive.
Finding the Best Price
Getting commercial truck insurance quotes can take longer than your typical car policy. Due to the additional details that factor into calculating premiums, you can expect an accurate quote to take approximately 15 minutes. Call as many commercial truck insurance companies as you have the stomach for, but make sure to speak with no less than three. Premiums vary a surprising amount between agencies, and taking the first offer will likely mean that you are overpaying.
16 comments. Add a comment.
Jim Yant says
Looking for pilot car insurance. Been in pilot car business for 3 years. Had commercial truck since the late 1960’s. Sold off the trucks & trailer about 4 years ago. At this time I’m covered until 05/11/14. Would like a quote. Thanks
Imari Fletcher says
I recently purchased insurance through Shelter Insurance, to find out two weeks later that they have not filed my insurance to Washington due to them only covering trucks within a 200 mile radius. This information was not told too me by my agent at the time of purchase of the policy.
Ken Curtis says
Hauling only my own product load value no more than 25,000. Will be going to Granby, QC. Canada wwith in the 200 mile radius.
Buddie Fowler Jr says
Looking for insurance to cover 1999 Ford F350 and trailer that hauls 3/4 cars at a time.
Conrad Rios says
I am starting a business and need to pick up a deliver commercial vehicles for my customers that could possibly be loaded with cargo or empty.
I need to know what type of coverage I would need to protect my customers vehicle.
Bobby atmore says
We need a quote for two million in coverage because of an UIA port authority,,thanks.
Jeramy Baker says
Do you have typical insurance rates for each type of operation? I know insurance for oilfield trucking costs more than for driving a reefer, but by how much?
I sold my ranch and moved to WA but kept my Hino FA flatbed truck. It was insured under a larger ranch policy, but now it seems the typical insurance company does not know what this truck is. It is no different than a Dodge, Chev or Ford dually (14K gvw) but no one claims to have ever seen one! Much less been asked to provide insurance.
I have owned it since new and have averaged only 8000 miles/yr, with no accidents.
need quote for renewal 3 year in business 9 trucks
What type of insurance do i need to haul cattle?
I just got the CDL on my own and have a friend who is willing to teach me how to drive with him on a semi truck until I get some experience and perform the driving test to get the actual CDL and be able to drive alone as well. I live in Texas. My friends company owner is willing to let me start driving with my friend but since I don’t have any experience the insurance company is not willing to insure me without 2 years experience. Everyone starts somewhere and I am wondering what are my options? Can I also pitch in if the insurance premium is higher or can I get insurance on my own as an independent contractor/driver? Or else? Anyone’s input is appreciated.
Carolyn Kutz says
Need Liability insurance for 1 Box Truck I just purchased for personal use. It is a C6000 Topkick diesel 24 ft box truck.
Looking for Liability coverage for 2, 33000 gvw trash trucks single axle.
Currently insured but trying to get a better rate for coverage.
I’m burnt out on ooida, 28 years driving, last 8 or 9 owner operator with own authority, no accidents, write ups, or tickets… Need quotes before the 20 of Feb . rick305rickgmail.com
I need to know price for cargo van running 48 state general freight and need 100/25 im new driver with cdl
Bobby ranger says
Ooida is scum bags .sucking you dry for every penny they can get..always raising your insurance for no reason..they are the biggest liers,and scumbags in trucking..they dont even pay out there claims..