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COMMERCIAL TRUCKING INSURANCE ARTICLES

We are the trusted truck insurance advisors.

In the trucking industry, finding the right insurance for your commercial vehicle can be complicated. From federal and state regulations to motor carrier requirements, there are several things to consider. Getting insurance coverage, however, can be simple. At Truck Insurance Quotes, we strive to help you find quality and affordable insurance coverage that will protect your commercial vehicle, your business, and your cargo. No matter if you are looking for liability insurance, physical damage coverage, or other types of specialty plans, we can help you find the policy you need.

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Whether you are a trucker, owner, or operator, understanding the trucking industry and the insurance needed for different types of trucks can set you up for success. Take a look at some of the information below to get a better idea of how you can protect your business and your trucks. Let us know how we can help you!

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It's important to know about the biennial update.

What truckers need to know about the biennial update of DOT info

As a representative of the federal government, the Federal Motor Carrier Safety Administration (FMCSA) requires all motor carriers that operate under its authority to update their information every other year. You must do this even if your company remains in business and has had no major changes such as no longer performing interstate operations in the last two years.

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Motor carriers cannot broker loads without the proper authority.

Can a Motor Carrier broker loads?

The Federal Motor Carrier Safety Administration (FMCSA) currently does not allow motor carriers to broker loads unless they first apply for and receive a license as a property broker. If you are a new broker, that means you must complete an application for broker authority using the Unified Registration System (URS) of the FMCSA. You will need to locate proof of insurance coverage to do so.

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It's important to know the Insurance/Other Indicator.

What is the SMS Insurance/Other Indicator?

The Federal Motor Carrier Safety Administration (FMCSA) has prepared a program designed to enhance safety and to ensure that oversized commercial vehicles are as safe as possible on the roads. The SMS Insurance/Other Indicator is part of a wider initiative and designed to check for licensing, registration, reporting, and insurance issues.

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It's important to make sure you have the right truck operating authority.

How can I change from one type of truck operating authority to another?

If you find that you need to choose a truck operating authority after being exempt in the past, or you need to change from one type of operating authority to another, you can do so using the process outlined below. A thorough understanding of how operating authorities work and what they require can help you save time and money during the process.

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How to get an MC Number/Operating Authority

A company that is interested in engaging in certain types of transportation activities must have an MC Number, which is also known as operating authority. Specifically, companies that (a) transport passengers via interstate commerce and that (b) transport federally regulated commodities that are owned by others or coordinate the transportation of those commodities, are required to have operating authority. 

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