Motor Carrier Insurance

What kind of work do you do?
A flatbed truck waiting for a load.
Choose from the nation's best insurance providers
Logos of Insureon's business insurance carrier partners

Why do motor carrier businesses need insurance?

Federal laws mandate liability and cargo insurance for motor carriers. Even when it's not required, it's a good idea to carry coverage. Business insurance covers losses in the event of an accident, injury, or lawsuit, which ensures your business can survive a disruption.

The owner of a motor carrier company talking on the phone with a client.
Vertical bar chart underneath dollar sign

Find affordable coverage

With Insureon, motor carriers can get free quotes from top-rated providers.

A licensed agent will help you find coverage. Get peace of mind knowing you have the right policies at an affordable price.

What types of insurance do you need for motor carriers?

These policies cover the most common risks of a motor carrier business.

General liability insurance icon

General liability insurance

This policy covers the most common lawsuits brought by people outside your business, such as a client who trips over a box at your company's office.

  • Customer bodily injuries
  • Customer property damage
  • Copyright infringement
Business owner’s policy icon

Business owner's policy

A BOP is a cost-effective way for motor carrier companies to buy general liability coverage and commercial property insurance together.

  • Accidents that harm customers
  • Theft or vandalism of business property
  • Business interruption insurance
Commercial auto insurance icon

Commercial auto insurance

Commercial auto insurance covers accidents involving your business's commercial trucks. Each state has its own requirements for auto liability insurance.

  • Injuries caused by your truck
  • Property damaged by your truck
  • Physical damage coverage
Workers’ compensation insurance icon

Workers' compensation insurance

Most states require workers' comp for motor carrier businesses that have employees. It also covers work-related medical costs for sole proprietors, which personal healthcare can deny.

  • Employee medical expenses
  • Disability benefits
  • Workplace injury lawsuits
Cyber insurance icon

Cyber insurance

This policy helps motor carrier companies recover financially from data breaches and cyberattacks. It's recommended for any business that handles customer information.

  • Data breach investigations
  • Fraud monitoring services
  • Cyber extortion demands
Umbrella / excess liability insurance icon

Commercial umbrella insurance

This policy helps motor carrier businesses meet requirements for higher limits. It boosts the coverage limits on commercial auto, general liability, and employer's liability insurance.

  • Multi-vehicle accidents
  • Customer injury lawsuits
  • Workplace injury lawsuits
Looking for different coverage? See more policies.

How much is insurance for a motor carrier?

A transportation professional calculates the cost of business insurance.

An independent motor carrier who operates a charter bus for hire can expect to pay less for insurance than a large trucking business.

Factors that affect business insurance costs include:

  • Whether you transport passengers, household goods, or hazardous materials
  • The amount of cargo and liability insurance required by the Federal Motor Carrier Safety Administration (FMCSA)
  • Number and type of commercial vehicles
  • Employee driving records
  • Whether you operate intrastate or interstate
  • Policy limits and deductibles

How do I get motor carrier cargo insurance?

It's easy to get insurance for your motor carrier business if you have your company's information on hand. Our application will ask for basic facts about your business, such as revenue and number of employees.

You can buy a policy online and get a certificate of insurance with Insureon in three easy steps:

  1. Complete a free online application.
  2. Compare quotes from leading insurance companies.
  3. Pay for your policy and download a certificate.

Insureon's licensed insurance agents work with top-rated U.S. providers to find affordable insurance for your business. Get peace of mind knowing you have the right coverage, whether you work in the trucking industry or run a non-trucking company like charter bus rentals or sightseeing tours.

Verified business insurance reviews

Hear from customers like you who purchased small business insurance.

FAQs about motor carrier insurance

Review common questions about motor carrier insurance policies.

Do I need commercial motor carrier insurance if I already have personal auto insurance?

Your personal auto policy only covers accidents that take place while you're driving for personal reasons. It won't cover accidents that occur while driving for business purposes beyond a commute.

Here are a few reasons why motor carriers might need additional insurance:

  • Your state mandates insurance. The laws in almost every state require a commercial auto insurance policy for vehicles owned by a business. Sometimes they include requirements for other types of coverage, such as uninsured motorist coverage or personal injury protection (PIP).
  • The FMCSA mandates insurance. Motor carrier businesses may need public liability insurance and cargo insurance to comply with FMCSA insurance requirements.
  • You need coverage to sign a contract. Your clients might require you to carry insurance coverage as part of a contract. It can also give you an edge over competitors, as clients prefer bonded and insured companies that can withstand disruptions.
  • Insurance protects against catastrophic losses. Car insurance is a crucial part of risk management. It helps your business recover quickly from accidents that might otherwise result in a devastating financial loss.

If you drive a personal, rented, or leased vehicle for work, you can look to hired and non-owned auto insurance (HNOA) for coverage. Certain professions may require additional coverage, such as commercial trucking insurance for towing, trailer interchange, and other specialized risks.

What other types of insurance do you need for motor truck cargo carriers?

These insurance products cover other risks faced by businesses in your industry:

What is the difference between a trucker and a motor carrier?

Generally, a trucker delivers goods over long distances in a semi-trailer. The term "motor carrier" is more varied. Motor carriers include many different types of vehicles carrying a variety of items, even passengers, for profit.

Examples of motor carriers include:

Find insurance quotes for motor carriers
Save money by comparing insurance quotes from multiple carriers.