Tag: how much does truck insurance cost

  • What Is Commercial Trucking Insurance? 2025 Guide to Truck Insurance Coverage

    Whether you’re hauling freight across state lines or making local deliveries, commercial trucking insurance is a must. But what exactly does it cover, and how much does it cost in 2025?

    In this FAQ-style guide, we break it all down—using recent data, clear definitions, and insights truckers can trust.

    What Is Commercial Trucking Insurance?

    Commercial trucking insurance is a policy designed to protect trucks, drivers, cargo, and businesses from financial losses due to accidents, theft, breakdowns, and liability claims. Unlike personal auto insurance, this coverage is built for heavy-duty commercial vehicles and the unique risks of the trucking industry.

    What Does It Cover?

    Typical commercial trucking insurance includes several types of coverage. Here’s a quick breakdown:

    Type of CoverageWhat It Covers
    Auto LiabilityBodily injury or property damage to others caused by your truck
    Physical DamageRepairs to your own truck due to collision, fire, theft, or vandalism
    Motor Truck CargoLoss or damage to the cargo you’re hauling
    General LiabilityCoverage for business-related risks outside of operating the truck
    Bobtail/Non-Trucking UseCoverage when the truck is used without a trailer or not under dispatch
    Trailer InterchangeDamage to non-owned trailers under interchange agreements

    (Source: National Association of Insurance Commissioners)

    What’s the Average Cost of Trucking Insurance in 2025?

    According to 2024 industry data from the American Transportation Research Institute, average annual premiums vary by operation type and location:

    Type of OperationAverage Annual Premium (2024)
    Owner-Operator (Lease On)$4,500 – $7,000
    Owner-Operator (Authority)$9,000 – $16,000+
    Small Fleet (3–10 trucks)$12,000 – $25,000 per truck
    New Authority (First Year)$15,000 – $30,000+ per truck

    (Source: ATRI Operational Costs Report, 2024)

    Key Factors That Affect Cost:

    • Driving record
    • Truck value and type
    • USDOT safety history
    • Operating radius
    • Cargo type
    • Location and garaging ZIP code

    Who Needs Commercial Truck Insurance?

    If you operate any of the following, you’re likely required by law to carry commercial trucking insurance:

    • Owner-operators with their own authority
    • For-hire carriers
    • Freight brokers who own assets
    • Private fleets or logistics companies
    • Hotshot and box truck drivers

    FMCSA regulations mandate a minimum liability coverage of $750,000 to $5 million, depending on cargo type. Most brokers require at least $1 million in coverage to work with you (FMCSA, 2025).

    Can I Get Commercial Truck Insurance Online?

    Yes—and that’s where platforms like Logrock come in.

    We make it easy to get multiple trucking insurance quotes with just one application, using smart tools like:

    • FMCSA lookup to auto-fill your DOT info
    • VIN decoder for faster truck details
    • Google Maps address autofill

    It’s trucking insurance, built for the road. Be sure to check out our other blogs for a deeper look at what makes our mobile-friendly quote form stand out—and get valuable insights on insurance for new authorities, renewals, and more.

    Built for the Road: Why Our Mobile-First Quote Form Matters

    Why Do You Need Commercial Trucking Insurance?

    Affordable Trucking Insurance: How to Save Big on Coverage

    How To Prepare for the FMCSA Authority Application

    Final Take: Why Commercial Truck Insurance Matters

    Trucking is the backbone of the U.S. economy—but it comes with serious risk. One accident, cargo loss, or claim could put your entire operation at risk. Commercial trucking insurance protects you, your business, and your future on the road.

    Ready to start saving? Get A Quote in Minutes!

    Sources:

    1. National Association of Insurance Commissioners (2024). Commercial Auto Insurance Overview. Retrieved from naic.org
    2. American Transportation Research Institute (2024). Operational Costs of Trucking. Retrieved from truckingresearch.org
    3. Federal Motor Carrier Safety Administration (2025). Minimum Insurance Requirements. Retrieved from fmcsa.dot.gov