A policy is available for truckers and their exposures. This policy provides vehicle-related coverage’s needed by this type of operation and recognizes regulatory requirements.

Coverage’s are available for liability, uninsured motorist, physical damage, trailer interchange physical damage, medical payments and towing. Other coverage’s are available by endorsement.

At CCI Truck Underwriters,Inc, we can review your business and provide you with a quote for your exposure. We have access to a specific Trucking industry market that will provide you with the coverage’s you need at a competitive rate.

Truckers Insurance Coverage’s

Q: What is a "Commercial Truck"?

Primary Auto Liability is usually the most costly portion of any company's commercial truck insurance package. Truck insurance protecting you from damage or injuries to other people as a result of truck accidents, this commercial truck coverage is also mandated by the State and Federal agencies. A form of proof is required to be sent to them.

Interstate truckers will need the MCS90, the BMC91x and the appropriate state form endorsements which extend coverage to the regulatory agencies.

Policy limits, generally, for operations with commercial trucks drivers with over 10,000 gross vehicle weight have a required limit of $750,000. This limit is set by the FHWA on interstate travel and, generally, matched by the various States.

A traffic accident involving a large commercial truck, such as an 18-wheeler or semi truck, can have disastrous consequences. A typical fully loaded large commercial truck can weigh over 80,000 pounds, while an average passenger automobile weighs approximately 3,000 pounds. Because of the shear size of trucks, any collision between a commercial truck and another vehicle is likely to result in serious, even fatal, injuries.

This commercial truck insurance policy, without question, requires careful thought and evaluation prior to purchasing. In addition, you need to be constantly evaluating the nature of your freight to make sure the coverage meets the demands.

Physcial Damage

This type of policy provides actual cash value protection to an insured's equipment in the event of an accident. This commercial truck insurance also applies to losses resulting from fire, theft, and vandalism of the insured equipment. This coverage can be very important for commercial truck drivers.

Workers Compensation

This Workers Compensation coverage offers you disability and income benefits to employees as the result of a job-related injury. It is mandatory that all trucking companies employing individuals maintain a Workman's Compensation policy to cover their drivers in the event of an injury.

 ICC Authority

Generally ICC Authority is required for trucking companies which are hauling commodities over state lines for others. CCI Underwriters can help you obtain ICC Authority, DOT Numbers, Regulatory Permits along with different types of bonds to meet your transportation needs.

Non-Trucking Liability

Non-Trucking Liability provides limited liability insurance for owner-operators who are permanently leased to an ICC regulated carrier. It provides limited liability protection when the owner-operator is not on dispatch, nor pulling a loaded trailer. For example, this coverage would apply when the owner-operator gets their truck washed or brings their trucks into a shop for repairs.

Once the owner-operator is under dispatch, they are covered under the Primary Liability insurance policy of the company that they are leased to.

Why is this information needed?  The insurance carriers that we use to rate your coverage's require the following information in order to quote their "Best Premium". 

It does take a little work, however, it is for the truckers or contractors benefit and will help receive the best premium quote.

1. Radius Credits are Available!  For the best rating we need to know where your are travel.  We need to verify the information by obtaining your "Pro Rata Schedule B Report" "the IFTA Report" and make sure you indicate if this area is "Regular" or "Frequent".

2. Filings Required?  Why is this needed?  In order to do the required filings that you may need, Forms RS-1 (Single State Registration) and RS -2 (Fee Schedule) and RS-3 (Registration Receipt) need to be submitted and will be used by the company underwriters to fill out Form 1756 for the ICC.

5.  Equipment List - All Owned and Long Term Leased Autos- Why is this needed?  This information is required in order to provide physical damage coverage.  In addition, when filings are made on your behalf, the insurance agrees to pay for liability resulting from the negligence in the operation, maintenance, or use of any motor vehicle subject to the law, whether described in the policy or not.  Please provide the following:

• Year, Make and Model of all equipment
• Type of equipment 
• Gross Vehicle Weight 
• Present Value
• Vin Number
• Maximum mileage radius ·        
•  Leinholder

6.  Financials - (Balance Sheet, Profit/Loss statement, Plus any interium statements) Why are they needed?  The underwriters recognize that a business in a strong financial condition will have an acceptable maintenance program, resulting in trucks being operated in a safe condition.  Additionally, well paid drivers are safe drivers.  Underwriters want the last 3 years and a projection of the coming year.  Again credits/debits are applied.

7. Copy of Owner-Operator Lease Agreements- Why are they needed?  It is important for an underwriter to review lease agreements to properly determine if any gaps in coverage exists, and which endorsements are needed. (EX) The truckers form contains a provision that states, the insured contract does not include a contract that pertains to an auto loaned, or leased to a named insured with a driver. The effect of this exception is the named insured is not covered for liability assumed under a lease that holds another trucker harmless for the named insured's use of a covered truck over a route or territory that the other truck is authorized to serve by public authority.

8. Optional - Please provide a copy of renewal from present carrier or a non-renewal notice if available.