WANT TO KNOW HOW TO SAVE MONEY? Acquire the Best Commercial Truck Insurance in Florida
You have to compare your quotes. That's how we help!
When aiming to secure a policy, it's essential to compare and contrast quotes from different companies to find the coverage that suits your requirements the most effectively. Here's how we facilitate that for you:
Step 1: Request Three Competitive Quotes
We understand your needs and assist you by bringing three premier Florida Truck Insurance agents who will vie for your patronage. With us, obtaining the finest quotes is as simple as filling out our concise online form.
Step 2: Choose the Most Suitable Insurance Policy
Commercial truck insurance cost in Florida ranges from an average of $3,010 to $33,380. However, by choosing the right insurance company, you can significantly lower your premiums. Our service simplifies the process of obtaining quotes from different providers, enabling you to find the ideal balance between cost and coverage for your trucking enterprise.
Florida Trucking Insurance Premiums: 2023 Snapshot
In 2023, we analyzed 99 trucking companies in Florida to give you a current picture of the truck insurance scene. Here's what we found regarding the yearly premiums per truck:
Fulfilling Truck Insurance Requirements in Florida
Both the FMCSA and the state of Florida necessitate certain insurance coverages based on various factors including the freight you transport and your operation radius. The state law stipulates the following liability insurance levels based on the goods you haul:
- Oil Transport: $1,000,000 liability insurance
- Hazardous Materials: $5,000,000 liability insurance
- Household Goods: $300,000 liability insurance
- General Freight: $750,000 liability insurance
Federal Requirements
Truck drivers operating across state lines must adhere to federal regulations, which require liability limits ranging between $750,000 and $1,000,000. It's imperative to be well-acquainted with these stipulations to ensure compliance and secure your business operations.
Learn More Meet the TOP Trucking Insurance Providers in Florida
A majority of the truck insurance policies in Florida are written by the following companies: Berkshire, Great West, IAT Insurance Group, Lancer, National Indemnity, Northland, OOIDA, Progressive, & Wesco.
While these companies hold a significant market share, remember that there are over a dozen other carriers in Florida vying for your attention, promising substantial savings and optimum coverage.
Get 3+ Florida Truck Insurance Quotes When We Shop
ADDITIONAL RESOURCES FOR YOU Resources for Truckers
Stay informed and safe with these valuable resources:
- Florida Department of Transportation (FDOT): Your go-to place for the latest on infrastructure projects and transport regulations in the state.
- Florida Department of Highway Safety and Motor Vehicles (FLHSMV): Address your vehicle registration, titling, and compliance needs with ease.
- Florida Trucking Association (FTA): Connect with industry peers and stay abreast of the latest trends, advocacy efforts, and networking opportunities in the Florida trucking scene.
- Florida Office of Insurance Regulation (FOIR): Ensure you're partnering with compliant insurance providers and safeguard your business through the oversight of this official state department.
- Florida Department of Revenue (FLDOR): Stay compliant with tax regulations and learn about beneficial tax incentives for trucking businesses in Florida.
Our extensive network caters to all significant cities in Florida, including Miami, Tampa, Orlando, and Jacksonville, assisting truck drivers in steering their businesses toward success.
DISCLAIMER: All information is based on data from May 2023 to August 2023 and a sample of 99 trucking companies in Florida. Rates and offers may vary. Please refer to our full disclaimer for more details.