Trucking Insurance

Having proper trucking insurance is crucial for your organization. The Federal Motor Carrier Safety Administration (FMCSA) and the state of Pennsylvania have regulations requiring trucking companies to carry minimum insurance amounts.  

Your agent can help you get a trucking insurance policy that addresses your organization’s risks and exposures while helping you comply with FMCSA and state regulations. Contact Kingsley Blasco Insurance today to start building your customized trucking insurance plan.  

What Trucking Insurance Is Required? 

 

Truck drivers and trucking companies must maintain minimum amounts of public liability insurance according to Federal Motor Carrier Safety Administration (FMCSA) regulations. Pennsylvania also has state laws requiring any companies using vehicles for business purposes to carry minimum amounts of commercial auto liability coverage.  

Pennsylvania also requires businesses to carry medical benefits insurance, which may help cover accident-related medical bills up to the policy’s limit for the driver, no matter who caused the accident.  

Depending on your risks and exposures, your agent may recommend that you also purchase the following optional coverages: 

• Comprehensive and collision coverage
• Uninsured motorist coverage
• Underinsured motorist coverage
• Income loss
• Extraordinary medical benefits
• Accidental death benefit
• Rental reimbursement coverage
• Guaranteed asset protection (GAP) coverage
• Towing coverage
• Motor truck cargo insurance
• Non-trucking insurance
• Bobtail insurance
• Trailer interchange coverage
• Non-owned trailer insurance 

How Does Trucking Excess Insurance Work? 

 

Trucking excess liability insurance, or trucking umbrella insurance, may help cover your legal liability for third-party property damage and bodily injuries after an at-fault accident if your primary liability policy doesn’t provide enough coverage.  

For example, if you cause an accident resulting in $1.25 million in damages, but your primary liability policy has a $1 million limit, your trucking excess liability policy may help cover the remaining $250,000 worth of damages.  

Your agent can help determine whether trucking excess insurance is an appropriate addition to your trucking insurance plan.  

How Much Is Insurance For a Semi Truck? 

 

Your operation’s trucking insurance premiums depend on numerous factors about your business, the driver, your chosen coverages and limits, whether you haul cargo across state lines, the type of cargo you haul, and previous claims.  

Since trucking insurance is highly customizable, working with your agent is crucial to determine which coverages and limits are appropriate for your organization. They can help you get personalized quotes for trucking insurance from reputable insurance companies.  

How to Get Trucking Insurance For Your Pennsylvania Business 

 

Contact Kingsley Blasco Insurance in Newville, Pennsylvania, to start building your customized trucking insurance plan and get a quote.