Why Personal Auto Coverage Often Falls Short
A standard personal auto policy often doesn’t cover the risks of using your vehicle for business hauling. Flatbed trucks carry heavy and sometimes hazardous loads, operate across long distances, and face unique liability risks. Most operators choose commercial auto coverage to address these exposures.
Common Coverage Options for Flatbed 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 the goods you’re hauling 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 – May help cover certain claims not directly involving your truck, such as loading/unloading incidents.
Cost Factors
Industry estimates suggest premiums for flatbed trucks may range from $2,500 to $5,000+ 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
Note: You may be subject to federal or state filing requirements depending on your cargo, routes, and weight class. These requirements can affect your insurance needs.
Tips for Getting the Right Flatbed Truck Insurance
- Disclose Cargo Types – Insurers rate differently for hazardous vs. non-hazardous materials.
- Review Deductibles – Select a deductible that balances affordability with risk tolerance.
- Ask About Discounts – Safety programs, GPS tracking, and driver training may lower rates.
- Update Your Policy – Revise coverage as your hauling operations change.
Note: Coverage availability, terms, and costs vary. Always confirm details with a licensed insurance provider.
