Starting a trucking company takes more than just a truck and a DOT number—it requires the right commercial trucking insurance to operate legally and protect your business. If you're wondering what insurance you need to start a trucking company, you're not alone. This is one of the most common questions from new owner-operators and small fleet startups.
Let’s break down the essential coverage types, why you need them, and how to get insured affordably.
1. Primary Liability Insurance (FMCSA Required)
Primary liability insurance is required by the FMCSA to obtain your MC authority. It covers damage or injury caused to others in an accident where you're at fault.
Minimum required: $750,000–$1,000,000
Covers: Third-party bodily injury and property damage
Needed for: All for-hire carriers operating across state lines
2. Cargo Insurance
Cargo insurance covers the freight you’re hauling in case of theft, damage, or loss during transit. While not federally required, it’s a standard industry expectation—most brokers and shippers won’t work with you unless you have it.
Typical coverage: $100,000 per load
Covers: Fire, theft, collision, and other cargo risks
3. Physical Damage Insurance
This covers your own truck and trailer if they're damaged in an accident, by theft, or due to weather.
Optional but highly recommended
Helps protect your investment, especially if financed or leased
4. Non-Trucking Liability (Bobtail Insurance)
Non-trucking liability, also called bobtail insurance, covers your truck when it's being used for personal use or without a trailer—such as driving home after a delivery.
Often required by motor carriers for leased-on drivers
Covers liability when you're not under dispatch
5. General Liability Insurance
This policy protects your business from non-driving-related claims, like injuries on your property, advertising issues, or customer disputes.
Often required for those with terminals, offices, or yards
May be required for certain contracts.
What Else Should New Trucking Companies Know About Insurance?
Insurance costs for new trucking companies are typically higher in the first 12–24 months due to limited driving and business history.
Down payment assistance is available through select programs and partners like Single Point, making it easier to get started.
Work with an insurance provider that understands the unique needs of new authorities, including filings, certificates, and flexible payment plans.
Final Thoughts
Having the right insurance is not just about compliance—it’s about protecting your truck, your freight, and your future. Understanding what coverage you need to start your trucking company is a key part of building a safe and successful business from day one.