Commercial Truck Insurance for Your Fleet or Single Vehicle

Why Personal Auto Coverage Often Isn’t Enough

A standard personal auto policy often doesn’t cover the risks involved in using trucks for business. Commercial trucks frequently travel long distances, carry heavy or valuable cargo, and face higher liability exposures. Most businesses choose commercial auto insurance to address these unique risks and meet contractual or legal requirements.

Coverage Availability Reminder: Coverage availability, terms, and costs vary by insurer, policy, and location. Always confirm exact details with a licensed insurance provider before making decisions.

Common Coverage Options for Commercial Trucks

Coverage terms and availability vary by insurer and location. Always confirm exact details with your provider.

• Liability Coverage – May help cover injury or property damage claims if you or an employee cause an accident.
• Physical Damage (Collision/Other-Than-Collision [Comprehensive]) – May help repair or replace your truck if it’s damaged in a covered collision, fire, vandalism, or other non-collision event.
• Cargo Coverage – May help protect goods being transported from damage or theft during transit.
• Uninsured/Underinsured Motorist Coverage – May help protect you if you’re hit by a driver without adequate insurance.
• Motor Truck General Liability – This is separate from auto liability and may help cover certain incidents away from your truck — such as accidents during loading or unloading.

Cost Factors

Industry estimates suggest premiums for commercial trucks often range from $1,500 to $4,000+ per year per vehicle, but actual rates depend on:

• Vehicle type, value, and condition
• Driver records and experience
• Cargo type and value
• Operating radius and routes
• Coverage selections, deductibles, and limits

Compliance and Regulatory Requirements

You may be subject to federal or state filing requirements depending on your cargo, routes, and weight class. For interstate carriers, filings such as MCS-90 or BMC-91X may be required to meet federal regulations. These requirements can affect your insurance needs and coverage structure.

Tips for Choosing the Right Commercial Truck Insurance

1. Disclose Your Cargo – Hazardous materials often require higher limits and special endorsements.
2. Ask About Fleet Options – Insuring multiple trucks under one policy may lower overall premiums.
3. Review Your Deductibles – Choose a deductible that balances affordability with your risk tolerance.
4. Keep Safety Records – Driver training programs and telematics may help qualify for discounts.