Commercial truck insurance & Commercial Trucking Insurance Requirements by State

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By viptamilonline

Commercial trucking insurance plays a crucial function in the operation of businesses such as Cowtown Express, ensuring financial safety and adherence. This comprehensive guide will follow us through different insurance requirements that are that are imposed by every state in the United States.

From operating authority to freight minimal limits up to national freight shipping We delve into fundamental aspects and regulations that help companies in the field navigate through the complicated terrain of insurance for commercial trucks.

Understanding Commercial Trucking Insurance

Commercial insurance for trucks plays an essential part in safeguarding trucking businesses as well as their assets. It covers a variety of insurance, such as cargo insurance, liability insurance, as well as physical damage insurance. Different factors affect these types of insurance including the kind of vehicle used, type of cargo, and history of driver. It is crucial for companies that transport goods to take a careful look at these aspects to identify exact coverage requirements that apply to their business in the event of an either intrastate or interstate.

What Is the Difference Between Interstate and Intrastate Coverage?

  • Interstate coverage is type of insurance that permits motor vehicle to move goods across states. typical requirement is higher thresholds for public liability insurance, due to risk taking capacity of.
  • In state coverage other hand, covers transportation of goods within single state. It is often accompanied by less restrictive minimum requirements. Furthermore, certain regulations could apply to interstate transport of hazardous material or cargo.

Companies operating trucks must be sure that they are covered according to their operation in order to comply with regulations and properly protect themselves and their passengers in roadway.

Interstate Truck Insurance Minimum Requirements

For commercial vehicles to be operated in safe and legal manner it is necessary to meet particular insurance requirements set out through Federal Motor Carrier Safety Administration [ FMCSA ]. These regulations cover wide range of crucial aspects. These include:

  • Minimum coverage: FMCSA mandates minimum liability insurance for commercial vehicles based on kind of cargo carried. For freight that is not hazardous and weighs less than 10001 lbs minimum amount of protection is $300,000. If non hazardous cargo exceeds 10,001 pounds minimum coverage is increased to $750,000. In case of hazardous substances coverage minimum can be between $5,000,000 and $1,000,000 based upon kind of product being shipped.
  • CDL Conditions: If you’re hauling greater than 26,000 pounds it is required to obtain Commercial Drivers License [ CDL ]. CDL shows your expertise as well as your ability to operate commercial vehicles.
  • MC as well as DOT Authority: To run trucking company for commercial use it is necessary to obtain motor Carrier [ MC ] Number through FMCSA. This number acts as an identification code when you conduct interstate activities. You may also require registration with States Department of Transportation [ DOT ] for intrastate transport of goods.
  • Car Information: When obtaining commercial truck insurance. You have to give specific information on vehicles you plan to insulate to insurance policy. It includes manufacturer year, model as well as vehicle Identification Number [ VIN ] of every vehicle.
  • Choice of Insurance Companies Carefully pick right insurance company for your commercial truck. Take into consideration factors like coverage choices, prices as well as reputation and customer support when you make your choice.

What Other Types of Insurance Should You Have?

The right coverage for insurance is essential to your successful trucking companies of all kinds. Apart from liability insurance various other kinds of insurance are strongly recommended or even required for certain scenarios. Below are some crucial coverage options:

  • Cargo Insurance This insurance covers damages or losses to cargo that is being moved and is usually requested by brokers or shippers.
  • Bobtail Insurance Bobtail insurance offers protection of liability in cases where truck is operated without trailer, for instance for when it is making return trip from delivering.
  • Physical Damage Insurance insurance for physical damage will cover repair or replacement for your vehicle in event accident, collisions and other physical harm.
  • Passenger Insurance Provides insurance for passengers who are traveling with vehicle, assuring security of their financial well being as well as their health.
  • On Hook Insurance: It is an type of insurance which provides security for trucking companies when there is loss or damage to customers vehicle nor property that is under custody, care nor under supervision by insurance company.
  • Limited Depreciation Insurance This type of protection covers depreciation cost of an item that is insured for example, vehicle or other property in occasion of claim covered by policy.
  • Mechanical Breakdown Insurance [ MBI ]: This is an insurance type that covers unexpected breakdowns, mechanical or other issues of vehicles component or systems. In contrast to traditional warranty coverage, MBI covers repairs and replacements of mechanical problems that happen after original warranty period of manufacturer has expired.

Which are the top Commercial Truck Insurance companies?

The best commercial truck insurance provider is based on the specific needs of your budget. This is our selection of the most reputable insurance companies that can assist you in your search.

Progressive Commercial Truck Insurance

Progressive is among the top insurance firms across the nation. In addition, it is the largest commercial insurance company on the market.
Alongside legal requirements for primary coverage choice, Progressive offers multiple commercial insurance plans that are specific for the industry of trucking. company insures motor vehicle owners and private companies in every state.

The policies of truck insurance cover motor truck cargo general responsibility, non-trucking, rental reimbursement for downtime as well as on-hook towing and trailer interchange. These policies are available to provide Progressive an all-in-one source for all your commercial auto insurance requirements.

Berkshire Hathaway

Berkshire Hathaway owns three different insurance businesses that may help commercial truckers. Geico brand is well known for its low-cost auto insurance policies to consumers however it also provides small business policies. policy.
The firm also operates biBERK it was founded in year 2015. subsidiary offers insurance tailored specifically for small-sized businesses.
The firm is also the creator of THREE company’s goal is to make insurance simpler for small-sized firms. THREE offers a straightforward three-page policy that covers all of your necessities of business.

State Farm

State Farm is a Fortune 500 business with an outstanding standing among its clients. It is the biggest provider in the country of auto and home insurance policies.

This includes all of the commercial trucking insurance coverages you might expect to find, including primary insurance, general insurance, non-trucking liability, and so on. Additionally. You are able to obtain motor vehicle cargo coverage and transportation coverage through inland marine policy. State Farm also offers uncommon policies like insurance for rideshares.

The one drawback for businesses is the fact that they don’t provide an online tool for quoting. It is necessary to ask a local agent for a quote, and then set a policy. After you’ve purchased a policy in place, State Farm offers a convenient online tool for claiming.


The Owner-Operator Independent Drivers Association [ OOIDA ] is a trade organization that promotes truckers as well as trucking policy. association also offers specific insurance policies.

It is necessary to be a member of the group to be eligible for insurance, however cost of membership is only just $45 per year. It’s beneficial to find an insurance policy through an entity that understands how to navigate the industry of trucking.

OOIDA members also have access to dental and medical insurance. It is a great alternative to offer insurance to your employees working on trucks.

These policies cover primary responsibility, general liability non-loaded liability, accident coverage for passengers physical damage insurance. Trade associations also advocate to promote fair business practices as well as highway safety measures for truckers.


Hartford offers more than two hundred years of experience in its commercial and personal areas of insurance. It is a Fortune 500 company that is most famous for its insurance of property, however, it is also able to insure a variety of verticals for business.

Alongside typical commercial truck insurance policies, Hartford offers coverages for towing from on-hook, animal transit, and property that is in transit transporter cargo for motor trucks, interchange of trailers, and much more. It is possible to customize your policy by incorporating tailored coverage to your specific business or industry.

Hartford provides a simple online service to obtain an instant quote and then secure your property the same day. Hartford has a stellar service reputation, with more than a million small business clients.


In 1926, the company was founded. Nationwide is among the oldest car insurers in America. Its name suggests that Nationwide offers insurance plans across all fifty states.

The main drawback of Nationwide is that it does not cover semi-trucks and tractors. But it does provide complete coverage guidelines for other commercial vehicles.

Nationwide also has an extra policy to insure farm trucks. Although it generally has positive reviews, customer satisfaction ratings are a bit lower than those of other truck insurance companies for commercial vehicles.

National Independent Truckers Insurance Company

The National Independent Truckers Insurance Company [NITIC] has offered Commercial trucking coverage for more than 30 years. Although not as large as some of its competitors, NITIC has an excellent track record due to its rapid settlement of claims.

The company offers the largest and widest variety of auto insurance for available commercial vehicles. NITIC covers all types of trucks and provides reasonable rates with various options for customization and discounts.

One of the main positives of the company is web web-based quote system. It allows you to access samples of quotes and request quotes for needs you have.

NITIC is a top-rated company with excellent reviews from customers and is recognized for its outstanding customer service. The company also has you more targeted approach because it works only on insurance for trucks.


Established in 1904 Sentry is a Mutual Insurance Company offering special insurance policies for companies as well as individuals. They offer basic commercial trucking insurance policies including primary liability and general liability.

The company also has plans for liability insurance that is not trucking as well as cyber insurance. It protects both companies and their assets in a scenario of a cyber attack.

Sentry offers positive customer reviews and agents who specialize in insurance for commercial trucks. One drawback is it isn’t possible to request a quote via the web. It is necessary to contact a representative to request a quotation.

What benefits from Commercial Truck Insurance?

Commercial trucking insurance is a great method to secure your assets. Insurance for your business against liabilities minimizes the risk of litigation. In addition, adding property and medical damage insurance reduces the chance of losing your most precious assets.

Numerous commercial trucking companies provide discount options. It is possible to receive an insurance discount for tracking when you permit an insurance provider to put up an electronic tracker device.

Insurance companies use these data to enhance their risk assessment models. The safer you’re driving less expensive your insurance costs of insurance.

A different driver discount for drivers depends on the amount of experience and certificate. Drivers who have a commercial driver’s license [CDL] and who completed a required course at school for truckers or years of professional working experience are usually eligible to receive the discounted rate.

A lot of insurance providers offer customizable plans to ensure that you choose a plan that best meets your company’s needs. Every trucking company is legally required to have primary insurance, however. You may also purchase additional policies to help protect your company.

What are the negatives of Commercial Truck Insurance?

The sheer number of insurance providers for commercial trucks and their policies makes it hard to decide on which is the most suitable option to suit your needs. Many plans require additional insurance to shield assets from damage or theft.

Costs for monthly premiums are extremely high for commercial truck insurance. Costs will vary based on the kind of trucks.  That you’re covering as well as cargo that you are carrying along with other risks. Sometimes, truckers wind up having to pay for insurance they do not require.

Alongside high annual premiums, some businesses add insurance charges. There is a chance that you will come across an insurance firm that has an affordable monthly cost and then end up paying costs that will make your policy costlier.

Claim adjusters are sometimes misinformed clients during settlement. Be sure to choose companies with an excellent reputation in claims as well as customer service.

Commercial Truck Insurance Pros & Cons

Below is a brief overview of the advantages and disadvantages of commercial truck insurance.


  1. This helps companies that transport trucks protect their valuable assets.
  2. Flexible programs let you pick the coverage that you want.
  3. Tracking discount coupons are now available.
  4. Discounts for drivers are offered.


  1. Sometimes, it is necessary to have a standalone or additional policy.
  2. Premiums that are higher per month add up to your company’s expenses.
  3. Insurance costs can raise the cost of insurance.
  4. Claim adjusters may attempt to stop your claim from receiving the entire insurance amount.


For a trucking firm similar to Cow Town Express understanding trucking industry insurance regulations is vital. From the transportation of freight by truck to the safety of truck drivers in commercial trucks, following these guidelines will result in operational efficiency and compliance with federal laws. General liability insurance you have in place protects your business assets as well as reduces dangers.

To protect your company and be sure to comply, ensure that you are aware of the rules for each state’s insurance. Do not hesitate to contact us for assistance and request a quote from an experienced truckload freight carrier right now!

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