Box truck insurance

What box truck insurance covers

• Auto liabilityRequired to haul for-hire. FMCSA minimum is $750,000 over 10,001 lbs GVWR and $300,000 under it. Many brokers want $1,000,000.
• Physical damageCovers your truck for collision, theft and fire. Required by your lender if the truck is financed.
• Motor truck cargoCovers the freight in your box. Most load boards and brokers require it.
• General liabilityCovers damage at a customer's home or dock during a delivery.
• Hired and non-owned autoCovers rented trucks and employees' cars used for business.

Do you need a USDOT and MC number?

If you haul for-hire across state lines, you need operating authority (an MC number) and the liability limits that go with your truck's weight. A USDOT number is required for interstate trucks over 10,001 lbs GVWR. California requires a USDOT number and MCP for many intrastate operations too. We'll sort out exactly what you need.

What affects your premium

• Driving record. Clean MVRs and two or more years of CDL experience get the best pricing
• Radius and states. Local and regional work usually costs less than long-haul
• What you haul. Higher-value or higher-risk freight raises cargo and liability rates
• Equipment value. Physical damage is priced on what your truck and trailer are worth
• Safety scores and loss history. CSA scores, inspections and past claims all count
• Where the truck is garaged. Rates vary by ZIP code, even inside California