Semi Trucks Insurance Coverage

Protecting Semi Truck Drivers & Assisting Them With Risk

Getting a semi-truck insurance policy can be a difficult and tedious task. We’ve got you covered, whether you’re a one-man operation trying to scale or a company with a fleet. Semi-truck insurance has a wide range of prices that are influenced by factors such as driving history, operating radius, type of cargo, number of trucks, and more. To get the best quote, all drivers involved should partake in a safety program, which can significantly reduce the risk, resulting in cheaper insurance premiums.

Information Required:

Any type of operation that uses a commercial truck for hauling, transporting, and more will require a commercial auto insurance policy to legally drive and operate.

Information that will be collected to push out a quote:

• USDOT Authority
• CDL Experience
• Loss Runs
• Cargo/What You’re Hauling
• Operating Radius
• Driving History
• State/City/Location
• Vehicle Type
• Credit History
• Value of Truck

Price & Coverages

Semi truck insurance can range from a wide variety of annual prices. There are many factors in determining what you’ll be paying for your semi’s insurance. A few of the factors include the driving experience of the driver, age of the driver, CDL experience, driving record, and payment plan. Typically, when you pay the year in full, you can expect to see a discount of 10-20% on overall premium.

Coverages that are commonly seen on a semi truck insurance policy include:

• Primary Liability or Commercial Auto Liability
• Cargo Insurance
• General Liability
• Physical Damage
• Non-Trucking Liability (AKA Bobtail Insurance)
• Uninsured/Under-insured Motorist
• Occupational Accident
• Umbrella Policy

Looking for ways to save on monthly insurance premium? We’ve got you covered, read our article on the 15 ways to reduce truck insurance cost today!