A Trucking Awesome Guide to Truck Insurance in 2021

Truck drivers average between 605 and 650 miles driven per day. With this much time on the road, there is a lot of risks related to accidents or broken-down trucks.

Truck insurance is an important aspect of driving a truck. It’s also a legal requirement to carry a policy on drivers. Keep reading to learn more about truck insurance and how to get it.

What Is Truck Insurance?

Truck insurance is a type of insurance for truck drivers. This type of insurance is important for small business owners and owner-operators. Truck insurance can help to manage unexpected costs related to vehicle repairs or accidents.

Insurance coverage can help to pay for theft, vandalism, damage due to weather conditions, or any other unfortunate event.

Types of Truck Insurance

There are several different types of truck insurance. Each one covers different situations. The type of insurance you need is dependent on several factors, including the type of cargo you carry and your driving record.

Primary Liability

Primary liability insurance is the legally required coverage. It covers third-party property damage and bodily injury. This time of coverage is generally the minimum required to cover damages made to others.


Bobtail coverage is a non-trucking liability policy that covers situations when the truck is driven off dispatch or for personal reasons. This type of coverage will cover situations primary liability coverage will not.

Motor Truck Cargo

This type of insurance covers the cargo you are carrying. This is especially important for shipping companies. It can also cover costs related to damaged cargo during unforeseen events, such as traffic jams.

Physical Damage

This type of insurance covers trucks in case of fires, natural disasters, or theft. This type is not a requirement but might be a good idea. These kinds of policies will also cover repairs for accidents.

How Does Truck Insurance Work?

Before obtaining truck insurance, you need to have a few pieces of information available, including:

  • Current policy
  • Driver’s license
  • VIN numbers for trucks needing coverage
  • MC number from your ICC authority

If you do not have a declaration page from a current commercial insurance policy, you will need to present a personal auto policy.

Once you have received truck insurance quotes from several companies, you can decide on the one that benefits your needs most.

The company and policy type you choose will decide how to submit claims.

How to Lower Cost

Premiums can vary but are generally a couple of hundred dollars a month. There are a few ways to lower your costs:

  • Compare quotes
  • Sign longer-term policies
  • Increase deductibles to decrease premiums
  • Pay once a year instead of monthly
  • Insure more than one truck with the same company
  • Bundle policies

Approaching insurance policies strategically can decrease costs.

Choose the Best Company

Now that you understand what to look for in truck insurance, you are ready to shop around and choose a company to provide your insurance.

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