Dump truck insurance generally costs $5,000 – $20,000 per power unit per year.
(But we say this without knowing your business, your drivers, your loss history, and so on.) There are a lot of factors that go into determining dump truck insurance rates, such as:
- Your drivers and their MVRs
- Your location
- Your loss history/Claims
- Speeding tickets
- Your radius
- How long your business has been around
- What you’re transporting
Your business could be at the lower end or the upper end of this range – or not within this range at all. Dump truck insurance rates vary greatly from business to business, and that’s why it’s important to get dump truck insurance quotes for your business.