Commercial Truck Insurance

The commercial trucking industry is constantly evolving, which means you need fast and efficient insurance options to stay compliant with regulations. At American Insurance Brokers, you’ll find agents with a straightforward approach you can trust. 

We work fast, ensuring you can get out on the road with peace of mind. Since 1980, we’ve worked to maintain our reputation as the first choice for commercial truck insurance in Louisiana, Texas, Arkansas, Mississippi, Alabama, Georgia, and Tennessee. We understand the unique needs of the trucking industry in the Southeast. This is what you can expect when you partner with us for your commercial truck insurance needs

What Does Commercial Truck Insurance Cover?

Commercial truck insurance requirements vary by state, which means coverages can look different depending on your location. However, these are some of the different types of commercial truck insurance that might be included in or available as add-on coverage with your policy.

Commercial auto liability 

This type of insurance typically covers injuries to other people or damage to property if you’re at fault for an accident. It may also pay for your legal defense costs in the case of a lawsuit.

Physical damage

Physical damage is a general term for a group of insurance coverages that can protect your truck. This generally covers collision insurance, as well as your choice of full comprehensive insurance or Fire and Theft with Combined Additional Coverage (CAC) insurance.

Medical payments coverage

Also known as MedPay coverage, this can cover medical expenses for you and any passengers in your vehicle who are hurt during an accident. This is generally regardless of who caused the accident.

Uninsured motorist insurance

Depending on the state, this type of insurance coverage may consist of three separate insurance solutions that are typically categorized together. It can protect you if you’re involved in an accident with someone who is either uninsured or underinsured.

Trailer interchange insurance

This type of physical damage insurance is important for trailers being pulled under a trailer interchange agreement. This insurance may protect you financially if the trailer is damaged by collision, fire, theft, explosion, or vandalism.

Non-trucking liability insurance

When you’re under permanent lease to a motor carrier and you’re not driving under dispatch, non-trucking liability insurance can provide the truck insurance coverage you need at an unlimited radius.

Motor truck cargo insurance

For-hire truckers usually need this type of insurance to cover liability for cargo that could be lost or damaged due to causes such as fire, collision, or striking of a load.

Motor truck general liability

For-hire truckers or motor carriers often need this type of coverage for injuries or property damage that could result from business activities unrelated to truck operations.

On-hook towing insurance

On-hook towing insurance can pay to repair or replace a vehicle you don’t own if it is damaged by a collision, fire, theft, explosion, or vandalism while you are towing or hauling. Note that in Texas, on-hook towing insurance is known as Garagekeepers legal liability insurance.

Garagekeepers legal liability insurance

Garagekeepers legal liability insurance can protect business owners who offer towing services or operate service stations. It may also protect a customer’s vehicle when you are keeping it at a covered location for parking, storing, or performing service. Note that in Texas, garagekeepers legal liability coverage is called storage location insurance.

Workers’ compensation insurance

Workers’ compensation insurance, also known as workers’ comp, is a mandatory form of insurance carried by a range of different businesses and industries. It generally covers medical costs and a portion of lost wages for an employee who is injured on the job. It can also protect companies from lawsuits related to workplace conditions.

What Kind of Insurance Do I Need for My Trucking Business?

It all depends on what type of trucking business you are involved in. Are you an owner/operator? Or do you have a fleet of trucks? Does your trucking business cross state lines? These are just some of the questions whose answers will impact the type of insurance you need for your trucking business.

The better question has a simple answer: How do I get the right kind of insurance for my trucking business?

You can review the many types of commercial truck insurance listed in the previous sections to see the many options available. You can review the state-specific information below to learn what you might need based on the state you’re in. But with so much information – only a small amount of which will apply to your specific situation – it can be difficult to determine the right level of coverage.

That’s why the right question is not what type of coverage you need but how you can get the right type of coverage. When you contact American Insurance Brokers, you’re contacting an insurance broker – not an insurance company.

What does this mean for you? It means that we are not here to sell a specific policy to every trucker. We are here to learn about the specific situations of each client, determine the right level and type of coverage, and provide quotes from several reputable and vetted insurance companies. This makes the process straightforward for our clients.

How Can I Lower the Cost of Commercial Truck Insurance?

The most important step you can take to get the best possible price on your insurance for commercial trucks is to compare the prices of numerous insurance companies. That could be time-consuming but it doesn’t have to be.

When you work with American Insurance Brokers, we gather quotes from several companies so you make a single phone call and get all the information you need to make the most informed – and the most affordable – decision. 

Other ways to save money on commercial truck insurance will vary based on the policy provider. We will go over all potential discounts with you so you’ll have the bottom line when making your final decisions. Some of the ways you could potentially save money include: 

• Pay for a year in advance. Paying in one lump sum, rather than monthly or quarterly, could get you a discount on your policy. 
• Get all your coverage from one company. Some insurance companies will offer discounts if you have multiple policies through them.
• Stick with the same company. We recommend that you get a quote every year to ensure that you’re continuously getting the best possible price. Some insurance companies will offer continuous insurance discounts if you elect to stay with them year after year. This discount may or may not be significant enough to keep you from switching to a new provider. 
• Increase your deductible. As is true of most insurance products, insurance for trucks is generally less expensive if you have a higher deductible. However, there is a tradeoff – in the event of a claim on your policy, you will owe more out of pocket than if you had a policy with a lower deductible. 

The specific discounts available from any particular insurance company will vary. Sometimes a company might offer what seems like a good discount, but if their policy is expensive, to begin with, you might save more money choosing a more affordable policy without a discount. 

The good news is that American Insurance Brokers will be there to help you compare the options and decide on the best policy for your needs.

What Do I Need to Get a Quote?

The information you need to provide to get a quote for commercial truck insurance will depend on the type of coverage you need, the type of trucks you need insured, and other factors. Some of the information we will generally ask for includes:

• Legal business name 
• DOT number
• Address
• Contact information
• Number of drivers you want to cover
• Name, years of driving experience, date of birth, and driving record information for each driver you want to cover
• Number of trucks and trailers you want to cover
• Year, make, and value of each truck and trailer you want to cover
• Coverages needed
• Information about where your business operates

Not all of this information will apply to you. The key is to gather as much information as you can so that you can get as accurate a quote as possible.

Commercial truck insurance in Louisiana

Mandeville, Louisiana is the home of American Insurance Brokers. That means our team understands the unique needs of truck drivers in our state. From unpredictable weather to traffic, we know the challenges that make commercial truck insurance in Louisiana so important.

We can get you appropriate coverage for your fleet and make sure you get the best rates for your needs. We cover the following endorsements in Louisiana:

• MCS90: States that the driver’s financial commitment meets the state’s minimum requirement
• BMC34: Cargo liability coverage
• Form E: Demonstrates that drivers carry the minimum required insurance for their home state
• Form H: Confirms that drivers carry the minimum required cargo liability insurance for their home state
• OS/OW COI: Proves to Louisiana that drivers have sufficient liability insurance to operate oversize or overweight vehicles
• SR22: Shows that drivers have filed minimum liability insurance with their home state motor vehicles department

Commercial Truck Insurance in Texas

Everything’s bigger in Texas, including the sheer size of the state. We know that you’ll need a policy that covers you throughout the entire Lone Star State, from El Paso to Beaumont. We also know that you need coverage to protect you and your business as the number of vehicle accidents in Texas continues to rise. 

With our free coverage review, we can take a look at your existing policy to see if you need additional coverage. At American Insurance Brokers, we’ll customize your policy to ensure you’re fully confident and protected when you hit the wide-open roads of Texas.

Commercial Truck Insurance in Alabama

Serving all of Alabama, including Huntsville, Birmingham, Montgomery, and Mobile, American Insurance Brokers offers commercial truck insurance for nearly any trucking situation in the state. With one out of every 15 jobs in Alabama being trucking related, there is no question that this is an essential industry – and we do everything we can to help those who need coverage. 

Since premiums for liability coverage are determined by your driving record, garage location, limit of liability coverage desired, type of operations, and condition and age of equipment, your quote will be highly personalized to your company. It will also take into account whether you are traveling across Alabama state lines.

Commercial Truck Insurance in Mississippi

Whether you’re an independent trucker or own a fleet, commercial truck insurance in Mississippi is essential.

Mississippi law requires commercial truck drivers to carry a minimum amount of liability insurance. Depending on the type of goods you’re transporting, this is the type of coverage that is necessary:

• $300,000 for household goods
• $750,000 for general freight
• $1,000,000 for oil transport
• $5,000,000 for hazmat materials

If you do cross state lines, you’ll need to meet federally mandated coverage guidelines. Typical liability minimums are between $750,000 and $1,000,000. Our agents can help you calculate your required coverage so you can get back on the road.

Commercial Truck Insurance in Tennessee

From Knoxville to Memphis, commercial truck insurance in Tennessee is easy when you work with American Insurance Brokers. To protect yourself in the event of a large truck crash in Tennessee, theft or damage to your truck, and a host of other potentially serious situations, it’s important to have the right level of insurance. 

Like many other states, the amount of liability insurance you need will depend on what you’re transporting. From there, we can add on important coverages, such as medical payment insurance, trailer interchange insurance, and much more.

The skilled team at American Insurance Brokers will create a policy that serves your needs in Tennessee and beyond.

Commercial Truck Insurance in Arkansas

Different situations call for different coverage types, and we offer a variety of options for commercial truck insurance in Arkansas. You choose the coverage you need as dictated by state law. When you work with us, you can be sure that your coverage will meet or exceed Arkansas commercial truck insurance requirements.

Commercial Truck Insurance in Georgia

If you’re searching for commercial truck insurance in Georgia, you’ve come to the right place. Our agents are knowledgeable about issues that are specific to Georgia insurance policies. They have the training and experience necessary to connect you with the best coverage options for your team. 

In a state where more than three out of four communities depend exclusively on trucks to move their goods, there’s no doubt that truckers are important – and insuring them, their vehicles, and their cargo is essential. 

In Georgia, trucks operating within state lines usually require at least $100,000 per person and $300,000 per accident in liability coverage. If your business takes you to surrounding states and beyond, we can help you find the right interstate coverage to meet your needs.

Your First Choice

At American Insurance Brokers, we combine decades of proven reliability with the best in customer service. Our policyholders recommend us to their colleagues because of our strong commitment to finding truck insurance policies that give your business the maximum security it needs without overpriced premiums.

We also strive to make the insurance process easy from day one. Because we serve the entire southeastern United States, our team understands the region’s unique needs and regulations. We’re always just a phone call away for any questions or concerns you may have.

Get your free policy review to learn more about the types of coverage you need and how our team can help. During your policy review, we know you’ll learn why American Insurance Brokers, Inc. is the best choice for commercial truck insurance in the South.

Contact us today to get your personalized commercial truck insurance quotes!