What truck insurance coverages are needed for a trucking company?

When it comes to truck insurance coverages, a trucking company may need a wide variety of coverages, such as liability coverage, physical damage coverage, cargo coverage, workers’ compensation, on-hook/in-tow coverage, general liability, or trailer interchange coverage.

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How well do you understand Truck Insurance Coverages?

If you're a business owner with a trucking company, it's imperative that you understand the necessary truck insurance coverages. The trucking industry is the backbone of the American economy, as it facilitates the delivery of goods from grocery stores and gas stations to car dealerships. Although starting a trucking company can be a profitable venture, there are a few factors to bear in mind. Whether you're a new business owner or a well-established trucking company with a fleet of vehicles, it's vital that you have the right insurance coverage to safeguard your business, trucks, cargo, and drivers. Our team can assist you in obtaining multiple trucking insurance quotes to ensure that you receive the best possible coverage at the most competitive price.

As with personal insurance coverage requirements, the Federal Motor Carrier Safety Administration (FMCSA) stipulates that trucking companies must have a minimum amount of coverage. While auto liability coverage satisfies this requirement, there are numerous other insurance options that you may want to explore to enhance your protection.

  • Auto Liability Insurance

  • Cargo Insurance

  • Fleet Services

  • Garagekeepers

  • Occupational Accident

  • On-hook / In-tow

  • Physical Damage

  • Pollution

  • Trailer Coverages

  • Truckers GL

  • Warehouse Legal

  • Workers Comp

To comply with FMCSA regulations, trucking companies are required to have a minimum liability policy of either $750,000 CSL or $1 million CSL. This policy, known as auto liability insurance, will cover the costs of any bodily injury or property damage claims made by other drivers if you are at fault in an accident. Medical bills, car repairs, and legal fees can all be covered by this insurance. However, it's important to note that liability coverage will not cover any losses or expenses for your trucking company. As a result, many trucking business operators opt to purchase additional coverages to ensure their business is fully protected.

Cargo Insurance

As a commercial trucking business, your goal is to transport and deliver cargo nationwide. Depending on what you're hauling, the value of your motor truck cargo could be quite high. To ensure that you're fully protected, it's important to have cargo insurance coverage. This type of insurance will safeguard your load from losses due to things like fire, theft, or collision. Earned freight coverage can also help reimburse you for the money you would have earned if you'd delivered the load successfully. Having cargo insurance coverage is a smart business move that protects your company from potential losses related to your cargo.

Fleet Services

At CheapTruckInsurance.com, we offer comprehensive fleet services for commercial trucking companies. Our experienced team & partners can help identify potential risks, provide prompt claims service, offer customized coverage options, and provide competitive pricing. We understand that every fleet is unique, and we're committed to providing personalized service and support to each of our clients. Contact us today to learn more about how we can help you manage your risk and protect your assets.


Commercial trucking companies need to protect their assets, and one way to do that is through garagekeepers insurance. If your business stores vehicles on your property, this type of coverage can help protect you from losses due to fire, theft, vandalism, and other incidents. With care, custody, and control of your clients' cars, garagekeepers insurance can be a vital form of protection to prevent unexpected liability. At [Your Business Name], we offer customized garagekeepers insurance policies that meet the unique needs of your trucking business. Contact us today to learn more about how we can help you manage your risk and protect your assets.

Occupational Accident

Occupational accident coverage is an insurance option for your trucking business that provides protection for commercial trucking companies and their employees from financial losses resulting from work-related accidents or injuries. This coverage is designed to fill gaps in traditional workers' compensation insurance, which may not offer sufficient coverage for independent contractors or owner-operators. Occupational accident coverage offers benefits such as medical expenses, disability benefits, and accidental death and dismemberment coverage to employees. This coverage is especially crucial for truck drivers, who face a high risk of accidents and injuries on the job.

On-hook / In-tow

On-hook insurance coverage, also known as In-Tow coverage, protects commercial truckers who tow other vehicles as part of their business. This insurance coverage is essential for tow truck operators, auto dealerships, and other businesses that transport or store vehicles. It helps cover the cost of repairs or replacement if a towed vehicle is damaged while in your care, custody, or control. At CheapTruckInsurance.com, we offer comprehensive on-hook insurance coverage quotes tailored to meet the specific needs of your commercial trucking business.

Physical Damage

Physical damage insurance coverage for commercial trucking companies is like having a full coverage option for your personal vehicle. It covers your truck regardless of who is at fault in an accident and helps get your truck back on the road quickly if something happens. Collision coverage takes care of repairs following an accident with another vehicle or object. Comprehensive coverage pays for repairs due to non-accident-related damage like fire, theft, vandalism, or natural disasters. Having physical damage insurance is the best way to guarantee that your truck and trailer are completely protected.

Pollution Coverage

If your business involves handling hazardous materials or substances, it's important to consider the potential risks to the environment. Environmental damage caused by your commercial vehicles could lead to expensive cleanup costs. That's why it's important to have pollution and hazmat coverage. This type of insurance can help cover the costs associated with cleaning up the environment in the event of a truck accident. We offer pollution and hazmat insurance quotes tailored to the specific needs of your commercial trucking business. 

Trailer Coverages

Trailer insurance is a crucial aspect of any commercial trucking business, and it is important to have the right coverage to protect your assets. There are different types of trailer coverage options available, such as physical damage coverage, which can protect against damages caused by accidents, theft, and natural disasters. Cargo coverage can protect against the loss of goods being transported in the trailer. Trailer interchange coverage can protect against damages that occur while using a borrowed trailer. It's important to work with an insurance provider who can help you understand your coverage options and choose the best policy for your business needs.

Truckers General Liability

Truckers General Liability insurance, also known as Truckers GL, is a type of insurance policy that offers liability coverage for damages that you, your drivers, or your vehicles may cause while operating your trucking business. It includes coverage for bodily injury and property damage claims, and it can also cover legal fees and medical expenses. Truckers GL is not a mandatory coverage, but it can be beneficial for protecting your business from financial loss in case of accidents or other liabilities. It is important to choose the appropriate level of coverage based on the risks and needs of your business, and a knowledgeable insurance agent can help guide you through the process.

Warehouse Legal Liability

Warehouse Legal Liability coverage protects your trucking business from legal liability for loss or damage to your customer's goods while they are being stored at your warehouse. It can also cover any damage that occurs during transportation to and from your warehouse. With Warehouse Legal Liability coverage, you can rest assured that your trucking business is protected from any potential legal claims related to your customers' goods. This type of coverage is essential for any trucking business that offers storage services, as it provides a layer of protection against unforeseen events that could result in significant financial losses.

Workers Comp

Workers' compensation insurance is required for most businesses, including those in the trucking industry. If one of your employees is injured on the job, workers' comp insurance will provide benefits such as medical expenses, lost wages, and disability payments. This coverage can protect your business from expensive lawsuits and claims, and it can also provide peace of mind for your employees. Trucking can be a hazardous job, and accidents can happen, so it's important to have workers' comp insurance in place to protect your employees and your business. Be sure to work with an experienced insurance provider to ensure that you have the right coverage for your business needs.

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