Commercial motor vehicles (CMVs) face significant risks such as equipment damage, accidents and lawsuits that could financially offset your business. Commercial auto insurance covers many companies and can offer additional coverage for specialized needs. Our agents at Academy Insurance Agency, Inc. are ready to help you sort through your commercial truck insurance options.
What Does Commercial Truck Insurance Cover?
Commercial auto insurance offers a variety of coverage options designed to meet the needs of your business. Basic commercial auto insurance policies cover your trucks in the event of an accident. Collision and comprehensive coverage cover most damages from a wide range of perils. You should consider coverage if you fall under the following categories:
- Independent owner-operators and truck drivers
- Commercial transportation businesses
- Any business with trucks, drivers, or transportation-related activity
Additional coverage options are available based on the needs of your business. When determining what coverage you need, it’s best to talk with an agent to discuss what coverage areas are right for you.
How Much Does Commercial Truck Insurance Cost?
The cost of your commercial truck insurance is based on several factors. Your policy could be quoted by the following:
- Types of coverage
- Vehicle type
- Operating Radius
- Driving history of the drivers
- Claims made in past
- FMCSA regulatory requirements (if applicable)
Reach out to an agent to discuss the factors impacting your premium.
Get Started Today
At Academy Insurance Agency, Inc., we have over five decades of knowledge to help you determine which coverage options will best suit your business. Reach out to an agent to get started with commercial truck insurance today.