Question 1

What is commercial truck insurance?

Accepted Answer

Commercial truck insurance is a type of policy designed to protect trucks used for business operations. It typically includes liability coverage, physical damage, cargo insurance, and other protections required for trucking companies and owner-operators.

Question 2

Who needs commercial truck insurance?

Accepted Answer

Anyone operating a vehicle for commercial transportation of goods may need commercial truck insurance. This includes owner-operators, trucking companies, delivery services, and logistics businesses.

Question 3

How much does commercial truck insurance cost?

Accepted Answer

Costs vary based on factors like driver experience, vehicle type, cargo hauled, and operating radius. Most owner operators pay between $8,000 and $20,000 per year.

Question 4

What insurance is required for commercial trucks?

Accepted Answer

Most commercial trucks must carry primary liability insurance. Federal minimums typically start at $750,000 but many brokers require $1,000,000 in coverage.

Question 5

How quickly can truck insurance be activated?

Accepted Answer

In many cases, coverage can be activated the same day once all required information is submitted and underwriting approves the policy.

Question 6

Do I need insurance to activate my MC number?

Accepted Answer

Yes. While you can apply for an MC number without insurance, your operating authority will not become active until insurance filings are submitted to FMCSA.

Question 7

What insurance filings are required for trucking companies?

Accepted Answer

Insurance companies file forms such as BMC-91 or BMC-91X electronically with FMCSA to prove financial responsibility.

Question 8

What is the minimum liability for interstate trucking?

Accepted Answer

Federal regulations usually require a minimum of $750,000 in liability coverage, although many carriers choose $1,000,000.

Question 9

What is a DOT number?

Accepted Answer

A DOT number is issued by the Federal Motor Carrier Safety Administration and is used to track safety records and compliance of commercial carriers.

Question 10

What is an MC number?

Accepted Answer

An MC number provides operating authority to transport goods across state lines for hire.

Question 11

What does primary liability insurance cover?

Accepted Answer

Primary liability insurance covers damages or injuries caused to other people or property if the truck is involved in an accident.

Question 12

What is physical damage coverage?

Accepted Answer

Physical damage coverage protects the truck itself from losses caused by collisions, theft, vandalism, or natural disasters.

Question 13

What is motor truck cargo insurance?

Accepted Answer

Cargo insurance protects the freight being transported in case of theft, damage, or loss during transit.

Question 14

What is bobtail insurance?

Accepted Answer

Bobtail insurance provides liability coverage when a truck is driven without a trailer attached.

Question 15

What is non-trucking liability insurance?

Accepted Answer

Non-trucking liability covers a truck when it is used for personal purposes outside of dispatch.

Question 16

Can new trucking companies get insurance?

Accepted Answer

Yes. Many insurers offer new venture trucking insurance, although rates may be higher during the first two years of operation.

Question 17

Can I insure multiple trucks under one policy?

Accepted Answer

Yes. Fleet policies allow multiple trucks and drivers to be insured under one policy.

Question 18

What is the radius of operation in truck insurance?

Accepted Answer

The radius of operation refers to how far trucks travel from their base location, such as local, intermediate, or long-haul operations.

Question 19

Can multiple drivers be added to a trucking policy?

Accepted Answer

Yes. Policies can include multiple approved drivers depending on underwriting guidelines.

Question 20

Do insurance companies check driver records?

Accepted Answer

Yes. Insurers review motor vehicle records and safety history before issuing coverage.

Question 21

What insurance do box trucks need?

Accepted Answer

Box trucks typically require commercial auto liability, physical damage coverage, and cargo insurance.

Question 22

What insurance do dump trucks need?

Accepted Answer

Dump trucks often require liability coverage, physical damage, and general liability depending on the type of work performed.

Question 23

What insurance do hotshot trucking operations need?

Accepted Answer

Hotshot trucking operations usually require liability coverage, cargo insurance, and physical damage protection.

Question 24

What insurance do delivery and logistics companies need?

Accepted Answer

Delivery companies often need commercial auto liability, cargo insurance, general liability, and sometimes hired and non-owned auto coverage.

Question 25

Can trailers be insured separately?

Accepted Answer

Yes. Trailers can be insured through trailer interchange coverage or physical damage policies.

Question 26

What is a deductible in truck insurance?

Accepted Answer

A deductible is the amount the insured must pay before the insurance company covers the remaining loss.

Question 27

What happens if a truck is totaled?

Accepted Answer

If the truck has physical damage coverage, the insurer will pay the actual cash value or agreed value depending on the policy.

Question 28

What is a certificate of insurance?

Accepted Answer

A certificate of insurance confirms that a trucking company has active insurance coverage.

Question 29

Can I replace a truck on an existing policy?

Accepted Answer

Yes. Policies can be endorsed to replace a vehicle with a new truck.

Question 30

How do I get a commercial truck insurance quote?

Accepted Answer

You can request a quote by providing information such as driver details, truck information, cargo type, and operating radius.

KEMPER AGENT

Orlando Truck Insurance

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