Launching a trucking business requires the right insurance in place from day one. This quick checklist highlights the essential and recommended trucking insurance coverages every new venture should secure to stay compliant, protected, and ready for the road.

Required Coverages

• Primary Liability Insurance: Covers bodily injury and property damage; mandatory for FMCSA authority.
• Cargo Insurance: Protects the freight you haul; often required by brokers and shippers.
• Commercial Auto Insurance: Covers company vehicles used for business purposes.
• General Liability Insurance: Protects your trucking business from non-driving-related liability claims.

Highly Recommended Coverages

• Physical Damage Truck Insurance: Covers repair or replacement of your truck and trailer after collision, theft, or vandalism.
• Bobtail / Non-Trucking Liability: Protects you when driving without a trailer or outside dispatch.
• Truckers Occupational Accident: Offers medical, disability, and accidental death benefits for owner-operators.
• Business Owner’s Policy (BOP): Bundles property and liability protection for offices, equipment, and business assets.
• Commercial Property Insurance: Covers buildings, equipment, and inventory if you operate from a physical location.

Administrative Essentials

• Confirm FMCSA filings (BOC-3, MCS-150, proof of insurance).
• Keep COIs (Certificates of Insurance) updated for brokers and shippers.
• Review insurance needs annually as your fleet or operations grow.

Wizard Insurance Services Inc. can help new trucking businesses secure the right trucking insurance, build an affordable coverage package, and stay compliant across all operating states. Visit wizardinsuranceservices.com or call (818) 890-7500 for guidance tailored to your trucking venture.