Small Business Insurance Quote

As a owner operator trucking is your business, so is your cost of repair and operation,
which means you really have to watch your expenses. Commercial truck insurance costs is a fixed expense which means you
can count on having an insurance bill every year. A flat tire is not a fixed expense it is a variable because it is an unexpected repair cost.

Lets get back to commercial truck insurance, they are different kind of commercial insurance you need to review. But fore most you need your primary tractor liability insurance to keep your registration.. This kind of insurance is figured by, where your home base is. Insurance companies run a risk analysis on your area including the economic conditions. and of coarse your driving record to come up with a quote for you. There are minimum amounts of coverage you have on your tractor and this can change I have seen a Primary liability coverage of 1 million dollars minimum coverage. Primary liability what does this cover? It covers you in the event of an accident on the road. But do you know that ,if it goes over this amount with no additional rider you have to pay the rest, called “out of pocket expense“. You should consider a cheap addition of a rider or umbrella coverage .or general liability coverage. Your agent should be able to give you the information you need on this.

One question you should also ask your agent is what commercial truck insurance packages are available for the specific conditions you are driving and cargo you are hauling. Do you have bob tail insurance, are you covered if the tractor get hit when it is parked. Cargo insurance? If someone breaks into the trailer? Because you do not need an additional bill if some thing happens and you are not covered. Commercial trucking insurance can be difficult to understand, especially when you are the owner/operator without a company to fall back in the event of a accident. You also do not want to be over insured and wasting money on premiums.

I would take the information the insurance agent recommends and go to three other companies to get quotes and opinions
on trucking insurance coverage. I have found that the more people involved each agent has a little different spin on coverage
and may see something the other agent didn’t. I also tell them to give me a price quote and I have other quotes coming in this usually lets them know if they want your business that they have to be competitive in pricing .