Commercial Trucking Insurance Vs. Standard Commercial Auto

Commercial trucking insurance and standard commercial auto insurance serve distinct purposes and cater to different risks.

Commercial trucking insurance provides specialized coverage tailored to the unique risks associated with operating large trucks. A policy may include the following:

• Bodily injury and property damage liability coverages may help protect against such losses caused to others.

• Cargo liability coverage may help cover the value of the goods being transported in case of damage or loss, should the trucking company be held liable.

• Physical damage coverage, including collision and comprehensive insurance, may help cover damage to the truck itself caused by accidents, theft or vandalism.

In contrast, standard commercial auto insurance primarily covers smaller vehicles, such as cars and vans used for business purposes. Its coverage typically includes the following:

• Liability coverage may help protect financially against damage caused to others in an at-fault accident.

• Comprehensive coverage may help cover noncollision-related incidents, such as theft or natural disasters.

• Collision coverage may help protect against damages from a collision, regardless of who is at fault.

Vehicle Type

One of the most significant differences lies in the types of vehicles insured. Commercial trucking insurance is designed specifically for larger vehicles, such as tractor trailers, delivery trucks dump trucks and more.

Standard commercial auto insurance, on the other hand, is meant for lighter vehicles, including sedans, passenger vans and light trucks.

Regulatory Requirements for Commercial Trucking Insurance

Commercial trucking is subject to more stringent regulatory requirements compared to standard commercial auto insurance. Trucking companies must comply with the following:

• Federal regulations are established by the Federal Motor Carrier Safety Administration (FMCSA) and include higher amounts of liability insurance coverage than the state requires.

• State regulations vary by state, and typically include minimum amounts of commercial auto liability coverage.

Learn More

Contact A.M.G.A. Brokerage Commercial Underwriters of America in EFFORT , Pennsylvania, for a personalized insurance quote.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.