Commercial trucks are an important part of the American economy. They transport goods and materials to and from businesses and factories, and they are essential for the delivery of products to stores and consumers. Because of the size and power required to transport a significant amount of cargo, large commercial trucks and truck companies require different types of insurance coverage.

Your auto insurance policy covers you and your vehicle in the event of an accident. Similarly, your commercial truck’s liability and comprehensive insurance coverage will offer the same protections. However, due to the value and size of commercial trucks, you may need larger coverage limits. Aside from this, there are also several other types of policies you might need. Let’s take a look at insurance coverage for commercial trucks.

What types of coverage are available for trucks?

Trucks come in all shapes and sizes, requiring different insurance. While your pickup truck will require a standard auto insurance policy, a commercial truck typically requires special insurance based on the nature of the business. There are so many different types of trucks on the road, from box trucks to tractor-trailers, that it’s important to know what type of truck you are driving and what insurance is required.

If you are looking for insurance for truck coverage, there are various coverage options available depending on the specifics of your trucking business. One of the most important types of coverage is liability insurance. This is the most basic type of insurance and is required by most states and the Federal Motor Carrier Safety Administration(FMCSA). Liability insurance will cover property damage and bodily injury claims made by other drivers if your truck causes an accident. Aside from this, you can also purchase Collision and comprehensive insurance. This policy is known as physical damage coverage, and it pays for damages to your truck regardless of who is at fault for an accident.

Aside from this, you might also consider some other types of insurance specific to your business and commercial truck. Truckers general liability insurance protects your trucking business against non-truck-related incidents. Before looking for pallet trucks for sale, you should ensure that you have insurance coverage to protect against accidents or other incidents on the loading dock and elsewhere. If you are hauling products or goods for other companies, you might also consider cargo insurance to cover expensive loads that you might carry. Tow truck companies also need on-hook coverage to protect the vehicles that they cover. Depending on your business and the type of truck you have, you may require specific insurance options.

How much truck insurance do you need?


There is no one definitive answer to how much insurance coverage you should buy for your commercial truck. The amount of coverage you need will depend on several factors, including the value of your truck, the state you live in, and the type of business you are in. The FMCSA has insurance filing requirements, and most states require commercial trucks to have a minimum amount of liability insurance of $10,000 per person, $20,000 per accident, and $10,000 in property damage. However, some states have higher requirements. For example, California requires commercial trucks to have a minimum of $30,000 per person, $60,000 per accident, and $15,000 in property damage.

The amount of coverage you need will depend on the truck’s value and the type of cargo you will carry. The most important thing to keep in mind is the risk to your company. Commercial truck insurance coverage is designed to help protect your business and your property. When it comes to buying insurance for your commercial truck, it is always better to have too much coverage than not enough. By purchasing the right amount of insurance, you can protect yourself, and your business from any potential losses should something happen to your truck.

The trucking industry is crucial to the economy, and it’s essential that businesses have the right insurance to operate. Commercial insurance will protect you and your business in case of an accident. It’s important to shop around and compare rates to find the best deal on commercial truck insurance.

By Manali