How much does trucking insurance cost?

The average cost of trucking insurance varies based on several factors, including the truck type, driving history, and coverage options. On average, owner-operators with authority can expect to pay between $8,000 and $15,000 annually, while leased operators typically pay $3,000 to $5,000 annually.

What information will trucking insurance need?

When giving a quote, insurance providers ask for driver details, truck information, type of cargo hauled, operating radius, and coverage limits desired.

How does LoadStop help truckers reduce insurance rates?

LoadStop improves fleet safety, efficiency, and compliance, which lowers trucking insurance rates. LoadStop monitors driver behavior using real-time telematics, lowering the risk of accidents through proactive coaching and observation. By preventing expensive malfunctions, its predictive maintenance technology reduces claims that can raise insurance premiums.