Free trucking insurance cost estimator
Indicative annual primary-liability premium ranges by cargo type and fleet size. Use this to budget; get a real quote before binding.
Indicative annual primary-liability premium
$9,000 – $14,000
- Federal minimum liability
- $750,000
- Per-unit average
- $11,500
These ranges are indicative. Real premium depends on driver MVR / experience, fleet age, claims history, vehicle value, radius of operation, and dozens of underwriting factors. Use this estimate to budget; get a real quote before binding.
Sources
- 49 CFR Part 387 - Minimum financial responsibility
- 49 USC §31139 - Minimum financial responsibility statutory authority
- BMC-91 / BMC-91X - FMCSA-filed proof of insurance
Common questions, plainly answered.
It is a budgeting aid, not a quote. We use mid-market premium ranges by cargo type, scaled linearly by power-unit count. Real underwriting incorporates driver MVR, experience, fleet age, claims history, vehicle value, radius of operation, hours-of-service compliance, CSA scores, and a dozen other factors no public calculator can model. Use this to know roughly what to budget, then get a real quote.
49 CFR §387.9 sets higher minimum liability for hazmat hauling: $5,000,000 for hazardous substances in bulk (cargo tanks, portable tanks or hopper-type vehicles), bulk Division 1.1–1.3 explosives, bulk Division 2.1/2.2 gases, Division 2.3 or 6.1 PG I Hazard Zone A material in bulk, and highway-route-controlled quantities of Class 7; $1,000,000 for oil and other hazardous materials; versus $750,000 for non-hazmat property carriers with vehicles of 10,001+ lb. Higher legal exposure plus higher minimum coverage drives the premium.
No. The $750,000 floor is for non-hazardous property hauled in interstate commerce. Hazmat carriers pay $1M to $5M depending on commodity classification. Household goods carriers also have specific cargo-coverage minimums on top of liability.
This estimator covers primary liability only. Cargo coverage (typical $100,000–$250,000 per truck) and physical damage on the vehicle itself add roughly 25–40% on top of the liability premium for most fleets. Most insurers package all three into one policy.
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