When you’re looking for a long haul trucking insurance company, it’s important to compare from at least three options before you commit so you don’t overpay.
The easiest way to do that is to let us get you in touch with several different companies at once so you can choose a policy that works for you.
What is Long Haul Trucking Insurance?
This is policy that meets the insurance needs for long haulers. Insurance companies have different definitions for what they consider to be long haul, but for most, this would be truckers that have a radius of operation of over 500 miles.
A major driver of trucker insurance premiums is their radius of operation. You want to find the insurance carrier that prices your radius the best. Some just automatically charge more, but some understand the risks of long hauling better than others and can be more competitive on price.
How much does Long Haul Trucking Insurance Cost?
On average Long Haul Truck Insurance policies costs can range from $9,000 – $14,000 per year. This price is dependent on several factors, including:
- Where you reside
- Where you run
- The coverages you get
- Level of experience
- Type of freight hauled
- Your credit history
Long haul trucking insurance carriers vary tremendously in price from one another, making it imperative to compare your options. You can lower your premium by requesting a higher deductible, avoiding vanity coverages, and switching companies every few years. But by far, the easiest way to lower the amount you pay each month is to simply shop around.
Although it’s true that every long haul truck insurance policy is different, long haulers can expect to pay slightly more on average than truckers operating within a smaller radius. The table below represents average rates for the various coverages. Your quote will depend on several factors and may be better than the averages.
Commercial Truck Insurance costs by coverage
| Coverage | Average Cost |
| Primary Liability | $6000-9000 |
| General Liability | $200-600 |
| Umbrella Policy | $400-800 |
| Physical Damage | $2,500-4,000 |
| Bobtail Insurance | $350-400 |
| Un-/Underinsured Motorist | $50-100 |
| Occupational Accident | $1600-2200 |
| Cargo Insurance | Varies |
| Other Endorsements | Varies |
Why does Long-Haul Trucking Insurance cost more?
It’s a matter of simple math from the underwriter’s perspective. The more miles you drive, the more likely you’ll find yourself in an accident. Add in the fact that long haul truckers oftentimes push themselves for several hours and several weeks on end, and you’ll understand why insurance companies price long-haul trucking higher than short haul trucking.
Finding the best Long Haul Trucking Insurance Company
Some insurance companies put a hard cap at a 300 mile radius and won’t insure drivers operating farther than that. Some companies will insure up to 500 miles but no farther. Out of all the commercial trucking insurance providers, only around half will cover over a 500 mile radius.
Shopping for truck insurance is incredibly tedious. This is where we can help. We can connect you with different insurance companies that specialize in long haulers so you can compare your options.
Sure, you want to get the best price, but there are many other factors that should influence your decision. What should you be looking for when speaking with these representatives?
A best long haul trucking insurance company has the best cost & coverage and is:
1. Professional– The representative you speak with is knowledgeable and courteous. They walk you through your coverages and explain, in detail, what kind of policy works best for you.
2. Reputable – The long haul insurance carrier has been in business for several years. They have many customers already. If you have a complicated issue, they are quick to find a solution.
3. Dedicated – The insurance carrier specializes in long haul trucks. They know the hazards of driving a large radius, and they’re equipped to offer you coverages that fit your kind of work. LHT insurance isn’t just something they do on the side.
4. Stable – The long haul trucking insurance company is prepared to pay out in the event of a claim. They won’t buckle. They have a good AM Best rating. You know you can trust them.
5. Responsive – After you’ve been in an accident, the truck insurance carrier is available to file your claim then and there. When you contact your representative, it doesn’t take them more than a few hours to return your call.
Tips to getting the Best Commercial Truck Insurance Quotes
Though it is true that LHT insurance costs more than insurance for shorter range trucking businesses, there are still things you can do to reduce your monthly bill, while getting adequate liability coverage and property damage coverage.
Avoid irrelevant coverages
Certain commercial auto coverages like liability insurance, physical damage, and cargo insurance are no-brainers, but insurance salespeople will sometimes also offer you additional perks and add-ons. These additional coverages will strengthen your policy, but you might not need them. Be sure to ask your agent to walk you through what you’re being covered for and what coverages can be trimmed off your policy.
Ensure your cargo coverage matches your insurance needs
Make sure the insurance coverage portion of your policy matches the cargo you actually transport. This is an area where you want to thread the needle and not be over or underinsured.
Compare multiple insurance carriers
The trucking industry is always changing. New insurance programs come and go and premiums are extremely dynamic. They best way to continue to pay the market rate is to shop around.
Our service will get you in touch with three different insurance agents, who’ll then compete for your business. They’ll offer individual prices and you can select which plan works best for your b
