Commercial Truck Insurance Blog
How Your Premiums for Commercial Truck Insurance in Texas Are Determined
Commercial truck insurance is critical to running a trucking business in Texas. It is required by law and protects you and your business from the risks of accidents, theft, vandalism, and other unforeseen events. The average insurance cost for a commercial truck is about $20,000 per year. However, this amount can vary depending on several factors, such as the type and use of the truck, […]
Texas Trucking Insurance Compliance: Rules and Filings
Filing the proper documents for commercial truck insurance is a significant responsibility for any trucking company. These filings provide legal proof to regulators that your trucking business carries liability coverage at the state-mandated minimums. This protects the public by guaranteeing your company can cover damages if your commercial trucks are involved in an at-fault accident. Trucks are so large and heavy compared to passenger vehicles, so they […]
Owner-Operators: Tips for Insurance When Leasing to a Carrier
Leasing your truck to a motor carrier as an owner-operator involves intricate insurance considerations. There are key differences between the provider-furnished coverage from the carrier and the contingent cargo coverage you obtain yourself. Without fully grasping these nuances, you could be left with costly coverage gaps. What is Provider-Furnished vs. Contingent Cargo Coverage? When you lease your truck to a carrier, they typically provide certain insurance policies […]