The process to obtain commercial auto insurance for trucks generally involves the following steps:

1. Gather the required documentation, such as the vehicle registration and driver’s license of the driver.

2. Obtain quotes from different insurance companies to compare prices and coverage options.

3. Provide detailed information about the truck, including its value, make, and year of manufacture.

4. Evaluate and select the insurance policy that best suits your needs.

5. Pay the insurance premium and sign the contract.

Several factors can influence the cost of commercial truck insurance, including:

• Truck value: The value of the truck is an important factor as more expensive vehicles may require higher insurance premiums.

• Vehicle age: Newer vehicles generally get more affordable commercial insurance policies due to their lower likelihood of damages or accidents compared to older vehicles.

• Desired coverage: The type and level of coverage you choose will also influence the cost of insurance. The more coverage you want, the higher the premium you are likely to pay.

• Location and routes: The geographic area where you operate your truck and the routes you take can also affect the cost of insurance. Areas with higher traffic congestion or higher theft rates may have higher premiums.

• Cab scores & violations: Drivers with good driving records and few accidents or violations are more likely to obtain commercial insurance policies at lower rates, while those with poor driving records may face higher premiums or coverage denial.

Depending on the insurance company, you may have access to some discounts on your commercial truck insurance. Some common discounts include:

• Clean driving history discounts: If you have a history of accident-free and violation-free driving, you may qualify for a discount on your insurance premium.

• Safety equipment discounts: If your truck is equipped with additional safety devices such as alarm systems or GPS tracking, you may be eligible for a discount.

• Multi-policy discounts: If you have multiple insurance policies with the same company, such as truck insurance and general liability insurance, you may be able to get a discount for having multiple policies with them.

• Prepayment discounts: Some insurance companies offer discounts if you pay your insurance premium in advance instead of making monthly payments.

We have an extensive portfolio of insurance companies in each state we operate in. Our goal is to offer protection options tailored to the needs of each transportation company. Currently, we have access to over 35 insurers.

We work with a wide variety of insurance companies, which have different ratings ranging from Non Rated, Rate B, and Rate A. These ratings are provided by specialized credit companies in the insurance industry, such as AM Best or Demotech. Both evaluate the financial solvency of insurers to establish the probability of the company fulfilling its obligations to the client in the event of an accident. We can also access Risk Retention Groups if necessary. It’s important to note that each transportation company is unique, as each has particular characteristics such as loss history, driver records, types of trucks, transported commodities, etc. This determines the type of company that can insure them, as each insurer has a different risk appetite.

Yes, we have the knowledge and experience to meet the requirements for transportation companies to have the appropriate coverage for working with ports and Amazon. In addition, our partner, Personal Truck Services, takes care of generating all the regulatory permits and processes for the UIIA.

Insurance companies analyze each risk individually, considering various variables. Therefore, the necessary documentation is requested to obtain a price commensurate with the associated risk, based on each company’s experience and track record.