New Venture Trucking Insurance

     Elite Insurance & Beyond is the leading agency in South Florida with the most competitive prices for new venture trucking companies.

When launching your own trucking company, you will need to buy a new trucking insurance in Florida.

Insurance compliance is critical when you name and register your company for MC (Motor Carrier) and DOT (Department of Transportation) authorizations.

Commercial trucking insurance is different from personal auto insurance. Trucking insurance has higher premiums and liability limits ($750,000 and up) because more is at risk.

Your new trucking insurance policy may include:

  • General liability – protects against property damage and bodily injury claims.
  • Primary liability – covers damage or injuries to people or property if you’re at fault for an accident.
  • Excess liability – high limits – protects against catastrophic losses beyond what your business can cover.
  • Physical damage – pays to repair vehicles you own, hire, lease, or use in business.
  • Trailer Interchange-provide physical damage to trailers you don’t own under a trailer interchange agreement.
  • Motor truck cargo – protects the load being hauled under your direct control.
  • Hazmat (if applicable) – pays for site clean-up, in-transit accidents, contamination, loading, and unloading incidents, pollution clean-up, personal injury claims, medical payments, personal injury claims, and lost income or downtime.

Also, you can customize your new trucking insurance with coverage for your business’s specific needs, like:

  • Truck liability
  • Physical damage
  • Trailer interchange
  • Motor truck cargo
  • High-risk insurance
  • Local truck insurance
  • Intermediate truck insurance
  • Long haul truck insurance
  • Intrastate trucking company insurance
  • Interstate truck insurance
  • New authority insurance
  • Flexible truck insurance financing
  • ICC authority
  • MCS90
  • Owner-operator programs
  • Risk-retention groups
  • Towing

New venture trucking insurance rates

New trucking venture insurance rates depend on several factors. For example, it considers how long the operator has been in business, the company’s location, the age of trucks and equipment used, and the type of freight hauled.

Typically, rates decrease as your company gets more experience. Rates also drop if your company maintains excellent safety records.

Additionally, premiums can vary widely depending on which insurance company you choose.

How to get New Venture Trucking Insurance in Florida

Elite Insurance & Beyond can take care of all your commercial truck insurance needs.

Contact us today to get the lowest quotes!