2026 Calculator
Trucking Insurance Calculator
Get an instant estimate for your commercial trucking insurance
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This estimate is based on projected 2026 data and industry averages. Actual premiums vary by insurer, location, and individual factors. Consult a licensed insurance agent for accurate quotes.
*Based on estimated 2026 projections. Data may not reflect real-time legislative changes.
Frequently Asked Questions
How much does trucking insurance cost in 2026?
Commercial trucking insurance costs $10,000-$20,000 per truck annually for semi-trucks. Box trucks cost $5,000-$10,000. Factors include driving record, cargo type, and operating radius. Hazmat carriers pay 1.5-2x more than standard freight.
What is the FMCSA minimum insurance requirement?
FMCSA requires $750,000 minimum liability for interstate trucking of non-hazmat freight. Hazmat carriers need $1,000,000-$5,000,000 depending on cargo. Intrastate requirements vary by state, typically $300,000-$750,000.
What types of coverage do truckers need?
Essential coverage includes Primary Liability (required), Cargo Insurance, Physical Damage, Bobtail/Non-Trucking liability, and Uninsured Motorist. Most carriers also add Trailer Interchange coverage for non-owned trailers.
Does cargo type affect trucking insurance rates?
Yes, significantly. General freight is baseline. Hazmat increases premiums 50-75%. Auto transport adds 20-25%. Refrigerated cargo adds 10-15%. High-value cargo requires additional Cargo insurance.
What is bobtail insurance?
Bobtail (non-trucking) insurance covers your truck when operating without a trailer, such as driving home after a delivery. It's NOT covered by your motor carrier's policy when you're off-dispatch.
How do I get cheaper trucking insurance?
Reduce costs by: maintaining clean driving records (biggest factor), increasing fleet size (5-25% discounts), installing telematics/ELDs, taking defensive driving courses, and bundling coverage with one insurer.
What is trailer interchange coverage?
Trailer Interchange insurance covers damage to trailers you don't own but are using under a trailer interchange agreement. It's essential for owner-operators hauling trailers owned by shippers or other carriers.
Does operating radius affect insurance cost?
Yes. Local operations (under 50 miles) pay about 20% less. Long-haul (500+ miles) pays 25-50% more due to increased exposure, fatigue risks, and multi-state regulatory complexity.
What is the difference between primary and contingent cargo insurance?
Primary cargo insurance pays first regardless of fault. Contingent cargo only pays if the motor carrier's insurance doesn't cover the loss. Shippers often require proof of primary cargo coverage.
How does CDL experience affect trucking insurance rates?
New CDL holders (0-2 years) pay 25-50% more than veterans. Most insurers require 2 years of CDL experience. Drivers with 10+ years clean records can save 15-20% on premiums.