Trucking insurance is one of your largest costs for a trucking company. And the price seems to be rising. We know there is a lot that goes into calculating the cost of insurance for your trucking company. From the state you are located in to the product you haul and how far you haul that product; there are many different factors determining what you will pay. However, you do have control in that cost.
Just to give an example of how drivers can affect your business, we have a client with about 6 trucks that was quoted $211,000, but when 2 drivers were replaced, the premium dropped to $121,000! That’s a significant difference, $90,000 to be exact.
This calculator can’t tell you exactly how much you’ll pay, but it will help you understand what will cause you to pay more or less.*