How much does dump truck insurance cost?

get quotes for your dump truck insurance

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.

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Why are tow truck insurance rates going up?

Tow truck insurance rates

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. It’s not just because insurance companies are out to get towing businesses. The truth of the matter is that towing is a dangerous business and that commercial auto insurance rates across the board are rising. We’ll explain why this has been happening and how you can counter this trend.

Read moreWhy are tow truck insurance rates going up?

How much does tow truck insurance cost?

We can help you get tow truck insurance quotes.

If you own a tow truck or a towing business, you may have noticed that your tow truck insurance rates are on the rise. Wrecker and tow truck businesses come with a significant amount of risk, which is why the insurance rates can be so high. Anyways, with the way things have been going, you might be a bit concerned about the cost of tow truck insurance.

Read moreHow much does tow truck insurance cost?