How much does commercial truck insurance cost?

Commercial truck insurance typically costs $8,000–$20,000 per year for owner-operators. The exact price depends on truck type, cargo, driving history, and coverage limits. Semi trucks average $12,000–$16,000/year; box trucks run $5,000–$10,000/year.

What insurance is required for commercial trucks?

FMCSA requires a minimum of $750,000 in primary liability for general freight, $1,000,000 for hazmat, and $300,000 for non-hazmat private carriers. Most lenders and brokers also require cargo insurance and physical damage coverage.

Commercial Truck Insurance — Compare Quotes & Coverage

Find the right trucking insurance for your operation. We compare rates from 20+ carriers so owner-operators and fleets pay less for better coverage.

Best Companies 2026 Estimate My Cost

✓ No obligation quotes
✓ Licensed carriers only
✓ 2-minute form

Get Free Trucking Insurance Quotes

Licensed agents. No spam. Response within 24 hours.

Please enter your name.

Valid email required.

By submitting, you agree to be contacted by licensed insurance agents.

20+

Carriers Reviewed

$750K

Min FMCSA Liability

States Covered

Free

Quote Comparison

Commercial Trucking Insurance by Coverage Type

Every truck needs the right mix of coverage. Start with what your operation requires.

Trucking Liability Insurance

Trucking liability insurance: $750K FMCSA minimum, $1M broker standard, $421/month nationa…

Cargo Insurance for Trucks

Cargo insurance for truckers explained: $100K broker minimums, $400–$1,800/year typical pr…

Bobtail Insurance

What is bobtail insurance? Learn who needs it, what it covers, average cost ($20–$60/mo), …

Non-Trucking Liability Insurance

Non-trucking liability insurance covers owner-operators during personal, off-dispatch use.…

Physical Damage Insurance

Physical damage insurance covers repair or replacement of your commercial truck. Compare c…

Occupational Accident Insurance for Truckers

Occupational accident insurance protects independent truckers who can't get workers' comp.…

Trailer Interchange Coverage

Trailer interchange coverage protects non-owned trailers in your care under a written inte…

Reefer Breakdown Coverage

Reefer breakdown coverage protects refrigerated carriers from cargo spoilage losses due to…

General Liability Insurance for Trucking

General liability insurance for trucking covers third-party injuries and property damage n…

Insurance by Truck Type

Rates and coverage requirements vary significantly by vehicle. Find your truck type below.

Box Truck Insurance

Box truck insurance costs $5,000–$12,000/year. Compare coverage options for 16-ft vs 26-ft…

Dump Truck Insurance

Dump truck insurance costs $6,500–$15,000/year for most owner-operators. Compare rates by …

Tow Truck Insurance

Tow truck insurance costs $8,000–$18,000/year. Learn about on-hook coverage, garagekeepers…

Hot Shot Insurance

Hot shot insurance costs $4,000–$9,000/year for non-CDL operators. Learn CDL vs non-CDL th…

Semi Truck Insurance

Semi truck insurance 2026: $250–$2,500/month by operator type, $639 national average, FMCS…

Flatbed Insurance

Flatbed truck insurance costs $9,000–$20,000/year. Learn what coverage open-deck operators…

Car Hauler Insurance

Car hauler insurance costs $9,500–$22,000+/year. Learn about VIT coverage, garagekeepers v…

Top-Rated Trucking Insurance Companies

Ranked by coverage quality, claims speed, and owner-operator reviews.

See All →

Progressive Commercial

4.5/5

Best for: Owner-operators and small fleets

America's largest commercial auto insurer with competitive rates for all truck types.

Sentry Insurance

4.3/5

Best for: Mid-size and large fleets

Specializes in trucking insurance with dedicated trucking division and competitive fleet rates.

Old Republic Insurance

4.2/5

Best for: Long-haul operators and fleets

Long-standing trucking insurer with strong claims reputation and nationwide coverage.

Canal Insurance

4.0/5

Best for: High-risk accounts and new authorities

Trucking specialist known for accepting high-risk and hard-to-place accounts.

Great West Casualty

4.1/5

Best for: Safety-focused carriers and fleets

Dedicated trucking insurer providing comprehensive coverage with a focus on safety.

National Interstate Insurance

4.0/5

Best for: Specialty transportation and niche truck types

Specializes in specialty transportation with flexible program options.

Guides for Owner-Operators & Fleets

Owner-Operator Insurance Guide

Owner-operator insurance costs $750–$1,833/month depending on authority status. Learn what coverages you need, leased vs independent differences, and how to save.

New Trucking Authority Insurance

New trucking authority insurance costs $15,000–$25,000 in year one. Learn why rates are high, which carriers accept new MCs, and how to cut costs by $5,000+.

Fleet Insurance Guide

Fleet insurance costs $150–$900/vehicle/month for trucking companies. Learn how fleet rating works, what coverages you need, and how to save with telematics.

Frequently Asked Questions

Commercial truck insurance typically costs $8,000–$20,000 per year for owner-operators. Semi trucks average $12,000–$16,000/year; box trucks run $5,000–$10,000/year. Exact costs depend on truck type, cargo, driving history, state, and coverage limits.

FMCSA requires a minimum of $750,000 in primary liability for general freight, $1,000,000 for hazardous materials, and $300,000 for non-hazmat private carriers. Most shippers and brokers also require cargo insurance and physical damage coverage.

Bobtail insurance covers your tractor when driven without a trailer, regardless of dispatch status. Non-trucking liability (NTL) covers you only when the truck is used for personal, non-business purposes. Owner-operators leased to a carrier typically need NTL; independent operators often need bobtail.

View complete FMCSA insurance requirements →