How Much Does Hot Shot Truck Insurance Cost?

California Hot Shot Truck Insurance AgencyIf you own a trucking business running expedited freight, you need an insurance policy just for your business. Typically known as “hot shot trucking,” your business can carry loads of cars or freight for one or more customers. Your vehicle of choice can be anything from a three-quarter ton truck to a one and a half ton truck with a gooseneck trailer.

Insurance options for Hot Shot Trucking are similar to other commercial auto policies but tends to carry higher limits:

  • Liability Insurance (both for injury as well as property damage)
    • Get into an accident where you are considered at fault? Liability insurance can cover the cost for medical bills, pain and suffering, repairs or replacement of the other driver’s vehicle.
  • Physical Damage Insurance (to protect your vehicle and trailer)
    • Collide with something or experience theft, fire, vandalism or other damage? Physical damage insurance can cover your expenses.
  • Cargo Insurance (to protect your load) 
    • If your load is damaged due to fire, theft, vandalism or collision, cargo insurance can cover the cost. This can be a valuable coverage option for many truck businesses.

How Much Does Hot Shot Truck Insurance Cost?

Like any insurance policy, it depends on several factors including what type of vehicle you are driving, your driving history, where you live, etc. We have seen policies for around $2,000 a year for local haulers in California. The best way to find out the price of an insurance policy is to call our agency. Our agents can shop specific coverage for your business, search for insurance discounts, then provide you with several quotes from our top insurance carriers. Since we specialize in truck insurance, we can explain your coverage options and find you the best rate and coverage for your trucking business. We write insurance policies in California, Nevada, Texas, Arizona, Oklahoma, Idaho, Oregon, Washington, Arkansas, Florida, Colorado and Illinois! We help a lot of truck businesses!

It is important to know that Hot Shot Trucking is not a common insurance coverage that a lot of insurance carriers desire. You’re in a specific niche and that can lessen your ability to find agents or insurance companies willing to write it.

Fortunately, we’ve developed a network or relationships with many insurance companies and can find you the right insurance coverage for your hot shot trucking insurance company. Call or email our agency to start your free hot shot insurance quote.