If you own or operate a commercial trucking business, having the right insurance coverage is more than just a legal requirement—it’s essential protection for your business, your assets, and your peace of mind. Whether you’re an independent owner-operator or manage a fleet, understanding how commercial truck insurance quotes work can help you find the right coverage at the best price.
In this post, we’ll cover what commercial truck insurance includes, what factors affect your quote, and how to compare policies to make the best decision.
What Is Commercial Truck Insurance?
Commercial truck insurance is a specialized policy that covers trucks used for business purposes. It provides protection for:
- Physical damage to your trucks
- Liability in case of accidents
- Cargo losses
- Driver injuries
- Legal expenses
Common types of trucks insured include:
- Semi-trucks / 18-wheelers
- Box trucks
- Dump trucks
- Flatbeds
- Tow trucks
- Tankers
Types of Coverage Included in a Quote
When you request a quote, insurers typically offer a package that includes multiple coverage types:
1. Primary Liability Insurance
- Required by law for all commercial trucks
- Covers damage or injuries to other parties in an accident
2. Physical Damage Coverage
- Covers repair or replacement of your truck due to collision, theft, fire, or vandalism
3. Motor Truck Cargo Insurance
- Protects the freight you’re hauling in case of damage, theft, or loss
4. Bobtail / Non-Trucking Liability
- Covers you when the truck is used for non-business purposes (e.g., driving without a trailer)
5. General Liability Insurance
- Covers accidents or injuries not directly related to driving (e.g., loading docks, premises)
6. Workers’ Compensation
- Required if you have employees; covers medical costs and lost wages after a work injury
What Affects Your Commercial Truck Insurance Quote?
Insurance rates vary widely based on several factors:
- Type of truck and its value
- Driving history of the operator(s)
- Cargo type (e.g., hazardous materials cost more to insure)
- Distance driven (local vs. interstate)
- Years in business and DOT history
- Location and routes (urban vs. rural, high-risk areas)
- Coverage limits and deductibles
Average Cost of Commercial Truck Insurance
On average, here’s what you can expect to pay annually in 2025:
| Truck Type | Average Annual Premium |
|---|---|
| Owner-Operator with Own Authority | $9,000 – $15,000 |
| Owner-Operator Leased to Company | $3,000 – $5,000 |
| Small Fleet (3–5 trucks) | $15,000 – $30,000+ |
Note: These are estimates. Your actual quote may vary based on specific risk factors.
How to Get Accurate Commercial Truck Insurance Quotes
To get reliable quotes, be prepared to provide:
- USDOT number and business details
- VIN numbers and truck info (make, model, year)
- Driver information and MVRs (motor vehicle records)
- Proof of current or past insurance
- Type of cargo and transport routes
- Desired coverage limits
Tips to Lower Your Commercial Truck Insurance Premiums
- Maintain a clean driving record
- Invest in safety features like dash cams, anti-theft devices, and GPS tracking
- Hire experienced drivers
- Bundle policies or increase deductibles
- Shop around and compare at least 3–5 quotes
- Work with a commercial trucking insurance broker for tailored options
Final Thoughts
Getting the right commercial truck insurance quote isn’t just about finding the cheapest rate—it’s about protecting your business from costly risks and ensuring you’re legally compliant. Make sure to compare coverage options, understand policy details, and work with providers who understand the complexities of the trucking industry.