Do You Need Commercial Auto Insurance for Your Trucking Business?

You’ve finally started your own trucking business. Congrats! Even starting with a single truck, you will need the right insurance coverage to protect your business. That’s where commercial auto insurance comes in. we’ll answer some of the most common questions about commercial auto insurance for trucking businesses.

What is commercial auto insurance?

Commercial auto insurance is a type of insurance specifically designed for businesses that use vehicles as part of their operations. You need commercial auto insurance if you’re using a vehicle to transport goods or people for your business.

How does commercial auto insurance differ from the personal auto insurance?
Personal auto insurance policies usually won’t cover damages if you get into an accident while using your vehicle for business purposes. That’s why you need commercial auto insurance. Commercial auto insurance will cover damages to your vehicle, as well as any injuries or property damage that you might cause while operating your truck.

Do I need commercial auto insurance if I only have one truck?
Yes! Even if you only have one truck, you need to make sure it’s properly insured. Depending on the state you’re operating in, you might be required to have a certain amount of liability coverage. For example, in Texas, all trucks must have $750,000 worth of liability coverage. If you don’t have enough coverage and you get into an accident, you could be on the hook for any damages that exceed your coverage limit.

As a trucking business owner, it’s important to make sure you have the right insurance coverage for your business. That’s where commercial auto insurance comes in. Commercial auto insurance is specifically designed for businesses that use vehicles as part of their operations. If you’re using a vehicle to transport goods or people for your business, then you need commercial auto insurance. Make sure you understand the difference between commercial and personal auto insurance policies, and always purchase enough coverage to protect your business in case of an accident.