Do I need insurance for my truck when I'm driving it for personal use?
If you drive your truck to the grocery store or to visit friends between jobs, you will still need insurance coverage for any accidents. If you are under a long-term contract with a company, they may pay for your general liability – but this only applies to when you are working.
If you are driving your truck back to a depot after a job, also known as "bobtailing," this may be included in the general liability policy paid for by your contractor. If you are driving without a trailer for personal use, you will need to purchase non-trucking liability to cover your vehicle.
If you don't know the specifics of your policy, you may be driving with gaps in your insurance coverage. Our experienced agents can review your policies and make sure you have the necessary insurance for every circumstance.
What does commercial truck insurance cost?
The cost of your truck insurance coverage will vary depending on several factors.
Cargo: Your cargo greatly affects the cost of your insurance, but it must be accurately disclosed in order for potential claims to be paid. A truckload of fresh cabbage will do less damage during an accident than a trailer filled with kitchen appliances and will therefore cost less to insure.
Contract requirements: If you drive under a company, they often cover your liability insurance.
Coverage requirements: Some states have minimum limits of coverage and some contracts may require you to hold higher insurance coverage amounts.
Driving history: Your driving record has a greater impact on your commercial truck insurance because the loads you are carrying can cause more damage in accidents.
Operating radius: Local drivers will often pay less than regional drivers because less drive time usually means less risk.
Vehicle type: Newer vehicles and heavier trucks often cost more because they are costlier to replace and prone to cause more damage in accidents.