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What Kind Of Insurance Do I Need For A Commercial Truck?

What Kind Of Insurance Do I Need For A Commercial Truck?

Commercial truck insurance policies are paramount to the success and protection of any modern trucking company. Do not underestimate road hazards. The IIHS even states that out of 5 million traffic accidents per annum, more than 33,000 of these result in death. Furthermore, these types of accidents could set you back by around $100,000 to $200,000.

For maximum protection, truckers should customize their policy according to the risks they face daily. Choose between the following commercial truck insurance coverages: general liability, primary auto liability, trailer interchange, motor truck cargo, non-trucking liability, rental reimbursement, and reefer breakdown coverage.

Common Types of Commercial Trucking Insurance Coverages

Standard commercial truck insurance policies carry state-mandated coverages against third-party liability claims. However, not every trucker can make do with the bare minimum. As we mentioned above, different businesses face varying risks. If you want to increase your policy limits, consider the following first- and third-party insurance coverages:

  • General liability
  • Medical payment coverage
  • Motor truck cargo
  • Non-trucking liability
  • Primary auto liability
  • Reefer breakdown coverage
  • Rental reimbursement
  • Trailer interchange
  • Uninsured/underinsured motorists plan

Note: You don’t have to sign up for each coverage, but we strongly suggest perusing the pros and cons of each option to get a better grasp of your insurance needs.

Consult a professional insurance expert if you find yourself on the fence about which coverages your business needs. But whatever you do, never agree to cookie-cutter plans. 

Insurance policies with generic terms and coverages do not protect your business from significant occupational hazards and road risks. In the worst case, insufficient coverage will force you to pay liability claims out of pocket.

Frequently Asked Questions:

What type of insurance is crucial for a commercial truck?

Commercial truck insurance is crucial, with coverage options including general liability, primary auto liability, and non-trucking liability among others.

Are there state-mandated coverages for commercial truck insurance?

Yes, standard commercial truck insurance policies carry state-mandated coverages against third-party liability claims.

What coverage options can I choose to increase my policy limits?

Options include general liability, medical payment coverage, motor truck cargo, non-trucking liability, and more.

Should I sign up for every coverage available?

No, it's best to evaluate the pros and cons of each coverage option based on your specific needs and risks.

What's the risk with cookie-cutter insurance plans?

Generic plans might not cover all your business-specific risks, potentially leaving you to cover liability claims out of pocket.


Stuck between two or more insurance providers? Assured Standard can help! Check out our in-depth comparison reviews of the best commercial truck insurers on the market.

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Assured Standard will protect your business with the right insurance, depending on your needs. Now more than ever, it’s crucial to have the right general liability insurance experts on your side. Protecting the future of your business starts today.
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