Tag Archives: Trucking Insurance Information

Trucking Transportation Insurance

Trucking Transportation Insurance

Trucking Insurance | TransInsuers | Call for a Quote: 866-748-4200TransInsurers was started in 2002 to meet the trucking transportation insurance needs of the small to mid-sized trucking company. We realized how difficult it was for people, who are on the go, to find an insurance agent who is responsive to your needs and that provides a full line of coverage applicable to the busy trucking professional.

We offer superior trucking transportation insurance coverage at affordable rates for all types of local and long distance commercial truck insurance, including tractor and semi trailer; short truck; dump truck; specialized haulers; and hotshot truckers. We represent a number of top rated trucking and transportation broker insurance carriers, which gives us the ability to find the right insurance, at the right price, to fit almost every trucking need. TransInsurers will also work with you on financing options, if required. Our coverage is provided through well-known companies like AIG, Canal, CNA, Occidental, Zurich, Carolina Casualty, Northland, Hartford, Progressive, RLI Transportation and Sagamore.

Trucking Transportation Insurance:  Primary Liability Insurance

Primary liability is usually the most expensive portion of any trucking company’s insurance package. This protects you from damage or injuries to other people as a result of truck accidents. Primary liability coverage is mandated by the State and Federal agencies, which require proof of insurance documents to be sent to them.

Interstate truckers will need the MCS 90, the BMC 91x and the appropriate state form endorsements, which extend coverage to the regulatory agencies.

Policy limits for trucks over 10,000 pounds gross vehicle weight will generally have a required limit of $750,000. This limit is set by the FMCSA on interstate travel and is usually matched by the various states.

Trucking Transportation Insurance: Physical Damage Insurance

Physical damage policies provide actual cash value protection to an insured’s equipment in the event of an accident. This coverage applies to cases of fire, theft and vandalism of the insured equipment. The total coverage is based on the type of equipment and the year of its purchase. Equipment valuation is usually based on the commercial blue book equipment value guides.

Trucking TransportationInsurance: Cargo Insurance

Cargo insurance is designed to protect the cargo owner’s financial interests while the cargo is exposed to potential damage while in transit. The type and value of the cargo affects the insurance premiums paid, in addition to a number of other factors such as the time sensitivity of the load, the potential for theft and the impact of changes in temperature. Some commodities are more susceptible to certain perils than others. The underwriter when determining a rate for cargo insurance considers all of these factors. Many times insurance companies place exclusions in cargo policies because of the loss record of certain commodities. Be sure to ask about exclusions.

The policy is purchased with a maximum load limit per vehicle. This insurance policy, without question, requires careful thought and evaluation prior to purchasing. In addition, you need to be constantly evaluating your loads to make sure the coverage meets your needs. The state and federal regulations only require a minimum amount of cargo coverage; however, most brokers and shippers will generally require a much higher amount. This amount is usually $100,000 or greater.

FreightGuard Spot Cargo Insurance Program

Shippers, freight brokers and freight forwarders use FreightGuard to provide ALL Risk loss or damage protection on cargo in transit. For high value freight, they cannot rely on traditional cargo policies that contain numerous exclusions and claim conditions. Often times, settlement is based on weight. Pennies on the pound.

FreightGuard’s Insurance Policy is a significantly broader form of coverage, which is in the name of the party who actually owns the cargo. When a claim occurs, you don’t have to prove who was responsible for the damage or theft – only that it took place during the insured transit.

Trucking Transportation Insurance:  General Liability Insurance

General Liability policies pertain to very broad coverage other than automobile. This coverage provides protection for injuries or property damage sustained while on your premises, using your products or services, or because of a breach of contract.

Policy limits usually start at $100,000, with the usual policy limits of $1,000,000 per occurrence and a policy aggregate of $2,000,000. Higher limits are available as needed.

Trucking Transportation Insurance: Non-Trucking Liability Insurance

Non-Trucking Liability provides limited liability insurance for owner-operators who are permanently leased to a federally regulated carrier. It provides limited liability protection when the owner-operator is not on dispatch or pulling a loaded trailer. When the owner-operator is under dispatch they are covered under the Primary Liability insurance policy of the company that they are leased to.

Trucking Transportation Insurance:  Occupational Accident Insurance

Occupational Accident insurance coverage provides the owner-operator with medical benefits and disability coverage due to a work-related accident, injury, or death. It is not purchased in lieu of Workman’s Compensation, but only when Workman’s Compensation is not available in the specific state or not required by law.


Trucking Transportation Insurance | TransInsuers | Call for a Quote: 866-748-4200


Why Choose TransInsurers for Your Transportation Trucking Insurance Needs?


  • Our trucking transportation insurance specialists are continually looking for more markets and competitive pricing to better serve you.
  • We want to provide you with the best trucking transportation insurance service in the industry and be the only insurance agent you will ever need!
  • TransInsurers provides a wide range of property and casualty trucking transportation insurance coverage through some of the strongest companies in the country, such as:

National Indemnity
Occidental Fire & Casualty
Pennsylvania Manufacturing Association
Carolina Casualty

Trucking Transportation Insurance News, Information & Educational Resources

This Trucking Transportation Insurance blog and our site are dedicated to providing useful Transportation Insurance information and resources.   Below  is a summary of our resources we plan to add:

  • Blog Post are segmented by Categories which are links found on the right sidebar.
  • Relevant Insurance and Financial Services Authority Sites are also links on the right sidebar.
  • Relevant Feeds of Summary Articles from Authority Sites are on the right sidebar.
  • Authority Links are often found on individual Posts as referenced documentation.
  • Quotes–get a free, no obligation risk assessment and  quote—Call or eMail a request.

Thank you again for visiting our Transportation Insurance Blog.  Please let me know if you have any suggestions with a comment.  Enjoy!