Truck insurance might seem complicated and overwhelming, but that’s why our team is here. We’re transportation professionals who help businesses insure their commercial vehicles all day, every day. We understand the risks you face and the coverages you need to protect your business from them. Our goal is to make truck insurance as easy as possible.
Part of that includes the articles below. The following articles explain different concepts and different coverages that your truck business might need. Commercial vehicle insurance might seem overwhelming, but that’s why we’ve broken down different topics into smaller, manageable articles. From deductibles to physical damage coverage, we’ve compiled useful information for any trucking business to have.
So, take some time to click through and read the posts below. They’re there for you to read at your leisure. We hope that you enjoy the content and find it helpful as you begin the process of getting coverage for your trucks.
As a smart business leader, you’ve taken the steps to get insurance for your moving company. You know that you have enough coverage. But lately, you’ve been looking into other insurance carriers.
You’ve explored getting better insurance for moving company trucks. Still, you’re hesitant.
Each year, commercial trucks travel nearly 400 billion miles combined. That’s a lot of miles we’re putting on our trucks and our drivers.
Semi-truck insurance generally costs between $13,000 and $23,000 per year per power unit. But this is a simple answer that we give without knowing many of the details about your business that can affect your semi-truck insurance rates, such as:
Many details about your business affect your rates, so you could be at the lower end or the upper end of that range – or not within the range at all. Insurance rates differ so much from business to business, which is why it’s essential to get semi-truck insurance quotes.
| Number of Semi Trucks | Average Insurance Cost per Year |
|---|---|
| 1 rig | $13,000 – 23,000 |
When you go to renew your truck insurance, chances are your premium is not going to stay exactly the same. In fact, if your agent says that the rate’s going to be the same without asking you to update the details they have about your business, you should be wary.
Truck insurance rates are not the same across the board. Every business is different, so every business is going to pay a different price for their tractor-trailer insurance. There are a lot of factors that influence the cost of semi-truck insurance – insurance carriers look at a lot of details about a business before they will give them a quote.
So, you’ve got a flatbed truck…or two. You’re all set to run your business, but now you’ve got a question: what kind of insurance do you need for a flatbed truck? There are a lot of coverages out there for trucks, so which ones should you get for your business?
Truck insurance can get a tiny bit complicated. Okay, maybe more than “a tiny bit.” There are a lot of different coverages you can consider for your flatbed trucks and a lot of details about your business to take into account.
If you’re in the towing industry, you’re going to need specific towing insurance to protect your vehicles. Insuring a tow truck isn’t quite the same as insuring a car or a semi-truck.
If you run a towing business, you may have noticed a trend that doesn’t exactly make you happy – tow truck insurance rates have been going up. Your bills are probably higher than you would like. You might be seething about your rates, but it’s important to understand that the trend of increasing tow truck insurance rates isn’t just an arbitrary thing.