There are 172,000 people working as truck drivers in Texas. 15 out of 1,000 every jobs in Texas belong to truckers. According to the Texas Department of Transportation, the state leads the United States when it comes to fatal truck accidents. More than 13 percent of all fatal trucking incidents in the United States took place on Texas roads, despite it being home to less than eight percent of the country’s population.
Where it is in Dallas, Houston, San Antonio, Austin, or El Paso, It is crucial for any trucking companies to have commercial truck insurance in Texas. Commercial truck insurance can help you handle the costs associated with damage to your truck, other vehicles, and lawsuits related to injuries and deaths stemming from collisions. Commercial truck insurance in Texas is expensive but it is required if you work as a trucker.
Finding the right commercial truck coverage in Texas can be challenging. In this article, we’ll recommend you the top 7 providers of commercial truck insurance in Texas:
- The 7 best commercial truck insurance companies in Texas
- What is commercial truck insurance?
- Do I need commercial truck insurance in Texas?
- What coverages are required for interstate truckers?
- What types of trucks are covered by commercial truck insurance?
- What kind of coverage is needed for a pickup truck in Texas?
- How much does commercial truck insurance cost in Texas?
- How do I find cheap commercial truck insurance coverage in Texas?
The 7 best commercial truck insurance companies in Texas
We’ve done the homework for you. Here are the top 6 best commercial truck insurers in Texas and the pros and cons of each.
- InsurePro: Best for flexible pay-per-day trucking coverage
- Progressive: Best Overall for Texas truckers
- Simply Business: Best for comparing several quotes of Texas commercial truck insurance
- National Independent Truckers Insurance Company (NITIC): Best for independent truckers in Texas
- Sentry: Best for unparalleled personalized service to Texas truckers
- The Hartford: Best for being a highly ethical insurer
- State Farm: Best for providing top-tier customer service to Texas truckers
- Commercialinsurance.net: Best for connecting you with knowledgeable agents
InsurePro: Best for flexible pay-per-day coverage
InsurePro is a newer broker. They offer innovative business insurance coverage, which they call insurance on-demand. This means that you have the flexibility of buying trucking coverage for a short period of time, even just a day, and you only pay for coverage when you are actually on the road.
This is perfect for part-time truckers or trucking businesses that may not haul every day of the month. Buying trucking coverage for a few days when you need it will help you save a lot of money since you don’t pay for the coverage when you are not on the road.
InsurePro also offers one of the best digital experiences. You can get quotes and buy the policy directly on their website, which only takes about 10-15 minutes. After buying the policy, you can manage your policy online using their dashboard with many useful features.
Progressive: Best Overall for Texas truckers
Pros: Progressive is a reputable company that’s been offering vehicle insurance for more than 80 years and is the top commercial vehicle insurer in the United States. The company is known for its flexibility, great rates and top-tier service.
Progressive is famous for its discounts, which could help you save on your commercial truck insurance. You can earn discounts for things like:
- Having significant driving experience
- Earning a CDL certification
- Paying your premium in full rather than monthly or quarterly
- Bundling your commercial truck coverage with other coverage
- Allowing Progressive to electronically monitor your driving habits
- Agreeing to autopay.
Progressive is able to cover anything from a small single truck to a complete fleet of semis.
Cons: Progressive is a very large company. If you’re uncomfortable with large corporations, or you don’t like having a portion of your premium dollars going toward Progressive’s large television marketing campaign, it may not be the right insurer for you.
Simply Business: Best for comparing several quotes of Texas commercial truck insurance
Pros: Simply Business is a cutting-edge insurance provider. The firm has developed its own state-of-the-art platform, based on its own algorithms, to ensure it is able to connect small businesses with the commercial truck and other business insurance they need at the most reasonable price. The platform makes it quick and easy to get quotes from several providers at once, making it possible to compare coverage and premium prices from highly reputable insurers all on a single screen.
The firm’s experts have used their extensive experience to make sure you only have to input the information needed to generate quick and accurate quotes. The entire process should take less than ten minutes, even for coverage as complex as commercial truck insurance.
Once you get your quote, Simply Business makes it easy to purchase a commercial truck policy online or through an agent. When you get your commercial truck policy through Simply Business, it’s simple to manage your coverage online, including downloading a certificate of insurance, filing a claim, renewing your insurance, and more. This is especially great for truckers who spend a lot of time out on the road.
Simply Business earns a 4.1 rating on Trustpilot which is very high compared to other insurance companies and brokers.
Cons: If you prefer getting truck insurance coverage from a particular carrier that Simply Business doesn’t partner with, you are out of of luck since Simply Business can only provide you with quotes from carriers that they partner with.
National Independent Truckers Insurance Company (NITIC): Best for independent truckers in Texas
Pros: NITIC is a commercial truck insurance company that specializes in insuring independent owner operators and small trucking fleets. The company has a B++ Rating with A.M. Best, an A+ rating with the Better Business Bureau, and 4.9 stars on Google Reviews. That means you can feel confident NITIC is a solid organization financially and provides its customers with great customer service.
If you’re an independent trucker needing to insure a small fleet, NITIC could be the ideal provider for you.
Cons: if your fleet is too large, or you work in certain specialized types of trucking, you may not be able to get coverage through NITIC. Also, it has a solid financial security rating with A.M. Best, but it’s not as high as many of the other providers on this list.
Sentry: Best for unparalleled personalized service to Texas truckers
Pros: Compared with many of the insurers that make our list, Sentry is relatively small, which makes it possible for it to offer a more personalized level of service, especially when it comes time to make a claim. If you have unique commercial truck insurance needs, your agent may be able to work with Sentry to meet your coverage requirements.
Sentry has been in business since 1904 and has a solid reputation.
If you choose Sentry as your commercial truck insurance provider, you can expect:
- Flexible coverage options
- An experienced claims team that understands trucking
- Certified safety directors with more than 20 years of industry experience.
Sentry is committed to the trucking industry. The company is an allied member of the American Trucking Association and several other industry groups. It currently insures more than 37,000 truckers.
Another pro: Sentry has received an A+ rating from A.M. Best, the insurance rating agency, 30 years in a row.
Cons: If you prefer to conduct business online, or if you have extensive business insurance needs, Sentry may not be the best option for you.
The Hartford: Best for being a highly ethical insurer
Pros: The Hartford is one of the oldest companies of any kind in the United States. It’s been offering insurance solutions for more than 200 years and has helped one million plus businesses with their insurance needs. The company takes pride in the fact that the Ethisphere Institute named it a World’s Most Ethical Company twelve times. The Hartford’s longevity and focus on ethical business practices makes it a company that you can feel good about doing business with.
The Hartford’s dedicated and highly experienced small business team is available to help company owners explore their business liability and other commercial insurance options. If you decide to purchase insurance from The Hartford, you can rest assured knowing you’re entrusting your business to a strong, stable, knowledgeable, and ethical provider.
Cons: The Hartford is not known for being a low cost insurer, so it’s coverage may be more expensive than other providers. It’s online systems may not be as easy to use as those of newer, tech based companies.
State Farm: Best for providing top-tier customer service to Texas truckers
State Farm has earned top customer satisfaction ratings from J.D. Powers, a company that monitors and reports on the insurance industry.
Even though the company provides top level service, commercial truck coverage from State Farm is quite affordable because the firm offers discounts for things like:
- Insuring multiple vehicles
- Driving accident free
- Installing anti-theft devices
- And more.
You can’t purchase commercial truck insurance direct from State Farm, but it does have a wide network of agents across Texas, so it should be easy to find one in your area.
You can rest assured knowing State Farm has been in business since 1935 and is a solid and stable company.
Another pro for truckers: State Farm is known for its simple claims process, which helps get trucks back on the road quickly after an accident.
Cons: If you prefer to do business online, State Farm is not the right insurer for you because you have to work through an agent to get coverage. They may also not be the lowest cost provider.
Commercialinsurance.net: Best for connecting you with knowledgeable agents
Commercialinsurance.net is a national broker specializing in small business insurance, including trucking businesses. They offer a wide range of small business coverages for all industries. For trucking businesses, they offer all coverages that a truck owner operator or a trucking business would need. Whatever coverages you might need for your trucking business, you can find at commercialinsurance.net
Pros: One of the unique aspect of commercialinsurance.net is that they partner with hundreds of agents across the country, who represent hundreds of carriers. These agents are experts in their field, knowledgeable about the specifics of each industry as they have accumulated years of experience helping tens of thousands of customers. Regardless how unique your trucking business is, you can count on commercialinsurance.net connecting you with the most knowledgeable about your situation who will help you find the right coverages for your business at the most affordable prices.
Cons: If you prefer not talking to anyone on the phone and completing the entire truck insurance purchase process online, you’d better find another carrier or broker since commercialinsurance.net will connect you with an agent knowledgeable about your specific situation.
What is commercial truck insurance?
Commercial truck insurance is a type of protection that is usually purchased by trucking businesses, people who primarily use trucks for work or companies that depend on trucks for doing business.
Commercial auto insurance covers all kinds of vehicles that are used for conducting business, which could include certain kinds of trucks. Commercial truck insurance is different in that it exclusively covers larger vehicles that are typically used for construction, contracting, or hauling freight.
Commercial trucking insurance is usually purchased by the owner of a company, but it covers the driver, passengers and any individuals harmed in an accident.
Do I need commercial truck insurance in Texas?
Texas state law requires truck drivers and businesses in the state that are dependent on trucks to maintain a minimum amount of liability insurance. How much that’s needed depends on the type of freight hauled and where you haul it.
What coverages are required for interstate truckers?
Some other coverages you likely need include:
- Cargo insurance, which covers the things you haul in your trailer. It’s not a coverage required by the Federal Motor Carrier Safety Administration (FMCSA), but most for-hire interstate owner operators will make you purchase it. If you don’t have it, they won’t hire you.
- Bobtail, which covers you If you’re leased on to a motor carrier and are running under their authority. You can find out whether you need this — or other — coverages on your lease agreement.
- Physical damage, which protects a tractor or trailer if it’s damaged in an accident. This coverage is required if you finance a truck. Even if you don’t, it’s a good idea to purchase it. Your truck — or trucks — are your livelihood. If a vehicle is seriously damaged in an accident, you could be forced to pay for repairs out of pocket. Repairing trucks is expensive and the cost of an accident could jeopardize the future of your trucking business.
Some other insurance truckers often get include non-trucking liability, uninsured motorist coverage, and rental reimbursement. Your insurance agent or rep at your insurance provider can advise you on the coverages and levels you need.
What types of trucks are covered by commercial truck insurance in Texas?
It’s possible to insure any type of truck. Different insurers offer coverage for different types of vehicles, so you may need to shop around to find insurance for yours.
Some common types of trucks covered by most insurers include:
- Cement mixers
- Tow trucks
- Box trucks
- Dump trucks
- Tractor trailers
What kind of coverage is needed for a pickup truck in Texas?
Pickup trucks are unique in that they could be covered by three types of insurance:
- Personal auto: If you drive a pickup because you prefer them and use them for things like hauling garden supplies from a nursery to your home, personal auto coverage should be adequate.
- Commercial auto: If you’re a contractor or landscaper and use your truck for every day business purposes, you should be able to cover your pickup with a commercial auto policy.
- Commercial truck: If the pickup is part of a larger trucking fleet, it could be covered by a commercial truck policy.
An insurance agent or company representative can advise you on the best coverage for your pickup truck.
What doesn’t commercial trucking insurance cover?
Commercial trucking insurance doesn’t cover intentional damage to your vehicle. For example, if you purposely damage a part of your truck to get it replaced with a newer or better one, your insurance company won’t cover it.
Truck insurance usually won’t cover personal losses or theft of personal items like cash, jewelry, or clothes. Contraband and explosives aren’t covered either. And if you haul live animals, they won’t be protected unless you get special insurance for them. If you’re not sure about what’s covered by a commercial truck policy, connect with your insurance agent or insurance company representative.
How much does commercial truck insurance cost in Texas?
Based on our research, the average cost for commercial truck insurance in Texas is just over $13,500 per year. That’s for liability, cargo, and physical damage coverage for a single truck. Coverage can range from under $11,500 to more than $15,500.
Use these costs as benchmarks. There are many factors that impact the cost of coverage including:
- Vehicle value
- Number of trucks
- What you haul
- Number of drivers
- Driving history
- Years in business
- Where you drive in Texas and beyond
- And more.
It’s a good idea to get several commercial truck insurance quotes and compare them to get the coverage you need at the best possible price.
How do I find cheap commercial truck insurance coverage in Texas?
Trucking is your livelihood, so you don’t want to skimp on your coverage. However, there are some things you can do to find the insurance you need at a fair price:
- Shop around for the best value. Get quotes from several companies or an online insurance marketplace that represents multiple carriers so you can compare coverage and premium prices.
- Don’t stop shopping around. Make sure you get new quotes before you renew your policy every year.
- Take advantage of discounts. If they’re not offered to you when getting a quote, ask about them, whether you’re buying online or through an agent.
Taking these steps will help ensure you’re not paying too much for your Texas commercial truck coverage.
Learn more at the cheapest truck insurance companies.
Commercial truck insurance in Dallas, Texas
Dallas is the biggest economy in the state of Texas. As a commerce center of Texas and the 10th biggest economy in the world, Dallas offers a lot of economic opportunities. Trucking is an essential industry in Dallas. Similar to the situation in other parts of the country, there has been a significant trucker shortage in Dallas. As a result, many trucking companies have increased salary and bonus to attract new drivers. Individual entrepreneurs also see the opportunity to invest and become truck owner operator. These new truck drivers and new truck owner operators will need proper truck insurance to start their jobs and their businesses in trucking industry.
Trucking insurance for new drivers and new owners operators are very expensive. Be sure to consider the top providers we recommend above.
Commercial truck insurance in Houston, Texas
Houston is the second biggest economy in Texas. It used to be the biggest one until Dallas overtook the position in 2017. It remains to be the biggest oil center in the US. Similar to Dallas, Houston has experienced trucker shortage and has been attracting new truck drivers as well as new owner operators who have joined in the industry in the past 2-3 years.
These new drivers and new owner operators need proper trucking insurance, which is very expensive. Be sure to consider the best insurance companies we recommend above for trucking businesses and individuals in Texas.
The top causes of truck crashes and accidents in Texas
According to the Texas Department of Motor Vehicles, the top causes of truck crashes in Texas are:
- Faulty evasive action. This happens when truckers make bad choices when trying to avoid accidents or when they are distracted and respond to traffic risks too late.
- Driver inattention. One of the most common causes of truck — and all types of vehicle — accidents is distracted driving. The distraction can be cell phone use, eating food, drinking coffee, changing radio stations, or anything that makes a driver take his or her eyes off the road.
- Safety rule violations. This includes things like driving more than the number of hours allowed and failing to get a rig inspected for safety issues. Safety problems often result in the most serious accidents on the road.
- Improper lane changes. The blind spots on tractor trailers lead to many collisions.
- Failing to yield the right of way. When large trucks don’t yield to other drivers in smaller vehicles, the results are often fatal.