Texas Commercial Truck Insurance
With over 20 years of commercial truck insurance experience, NITIC is proud to offer Texas truck drivers with competitive, accurate insurance quotes with our simple and easy process. Our team is fully aware of the constantly shifting requirements of the federal government, freight brokers, and private freight carriers, so you can trust us with all of your Texas commercial truck insurance needs and questions. With an A+ rating with the BBB and over 100 5-star Google reviews, our team is on hand to provide the customer service experience you expect.
Texas Truckers Put Their Trust in NITIC for All Their Insurance Needs!
With an A+ BBB Rating and Over 100 5-Star Google Reviews, Texas Truckers Trust NITIC for Easy Commercial Truck Insurance Quotes!
Commercial truck insurance is always necessary for any trucking company, regardless of how long it has been in business or how new it is. In addition to being legally required, this insurance provides good financial support in the event of property damage, or bodily injury. To get the finest coverage plan, you must first identify your company’s needs.
What do we offer Texas commercial truck owner-operators?
At NITIC, we strive to make comparing commercial truck insurance rates straightforward and useful. Whether you are a private carrier, owner-operator, or commercial motor carrier, we offer insurance coverage for all business types. We make sure you get the greatest protection at a cost you can afford when you engage with us for your truck insurance.
Talk to one of our Texas truck insurance agents! Our professionals will help you satisfy all of your insurance obligations, including renewals.
Areas we cover in Texas
We provide coverage for all Texas cities, including the following when it comes to commercial truck insurance:
- Houston
- San Antonia
- Dallas
- Austin
- Fort Worth
- El Paso
- Arlington
- Corpus Christi
- Plano
- Lubbock
- Laredo
- Irving
- Garland
- Frisco
- McKinney
- Amarillo
- Grand Prairie
- Brownsville
- Killeen
- Pasadena
- Denton
- Mesquite City
- McAllen
- Waco
- Carrollton
- Midland
- Pearland
- Abilene
- Round Rock
- College Station
- Richardson
- League City
- The Woodlands
- Lewisville
- Beaumont
- and surrounding towns and cities
Customers in these Texas cities can choose from a variety of discounts. For the best protection for your business, just give us a call.
Commercial truck insurance coverages in Texas
Every state in the United States mandates that truck owners and operators get third-party liability insurance to protect them from accidents that can cause both property damage and bodily harm. You need enough commercial truck insurance to safeguard your Texas trucking business against unforeseen occurrences like accidents, vandalism, natural disasters, and others.
Through NITIC, you will get the following coverages that will help you run your trucking company successfully and offer first-rate financial support in Texas:
Get in touch with us to learn more about any of the aforementioned coverages, and we’ll let you know how much it will cost to have it tailored to your company.
What types of trucks do we offer coverage in Texas?
When it comes to the sorts of trucks to insure for your company, we in Texas have the requisite experience. The many truck types for which we offer coverage are listed below:
- Box trucks
- Dump trucks
- Hotshots
- Tow trucks
- Semi-trucks
- Private Carrier
- Owner Operator
Need a free consultation? Give us a call. We will be right back to you.
Why do you require Commercial Truck Insurance in Texas?
In Texas, more than 1.7 lac persons are employed as truck drivers. Of every 1000 jobs, 16 are held by truckers. The Texas Transportation Department reports that when it concerns deadly truck accidents, Texas is the nation’s leader. More than 15% of all deadly transportation accidents in the US occurred on Texas highways.
Considering the stats, your trucking company must have adequate commercial truck insurance in Texas in order to control the risks and expenses related to truck accidents and other occurrences.
Following are the several advantages of having the proper truck insurance:
- Covers the third-party costs (bodily injury and property damage).
- Covers all of your property damage and personal injuries.
- Defends against any legal action brought by accident victims
- Pays all medical costs.
- Covers any freight damage to your transport.
Minimum commercial truck insurance requirements in Texas
For intrastate truckers, the TDI establishes the rules requiring a minimum coverage value of $500,000.
Any truck that crosses state lines is required to abide by the FMCSA regulations. The type of products being transported and the truck’s weight both affect how much insurance is provided for interstate transportation which is as follows:
- You will need $3 lac in liability insurance for hauling non-hazardous cargo weighing under 10,001 pounds.
- You will need liability insurance worth $7.5 lac for hauling non-hazardous cargo weighing more than 10,001 pounds.
- You will need liability insurance worth $1 million for hauling oil.
- You will need $5 million in liability insurance for hauling hazardous cargo.
What is the cost of commercial truck insurance in Texas?
The average cost of commercial truck insurance for a one-truck operation operated by a trucker in Texas with a clean driving history is $1127 per month. And, Dallas is a touch pricey.
Also, these price projections are based on drivers that operate one truck and require liability, type of cargo, bobtail, and physical damage insurance.
The final premium cost is affected by a number of factors, including,
- Type of cargo you are transporting
- Your previous insurance claims
- Length of time you have been in operation
- Amount of risk because risk varies from business to business
- Truck model and weight
- Type of coverage you choose
Bobtail and Non-Trucking Liability Insurance in Texas
Bobtail Insurance in Texas
Bobtail insurance is a specialized form of coverage tailored for Texas owner-operators who drive their commercial trucks without a trailer, often referred to as “bobtailing.” This insurance provides protection during the times when you’re off-duty or not hauling a load for your motor carrier. It becomes particularly relevant when you’re driving the truck for personal use or for purposes unrelated to your contracted carrier in Texas or out of state. The essence of bobtail insurance lies in filling the gaps left by primary liability coverage. While your motor carrier’s insurance typically covers you when you’re on duty, bobtail insurance steps in to protect you during off-duty hours or when the truck is not in active service for your carrier. It serves as a safety net, ensuring that you have coverage even during those non-operational periods, offering peace of mind for owner-operators.
Non-Trucking Liability Insurance in Texas
Texas Truck Commercial Truck Insurance Cost
While each driver’s situation is unique, the average commercial truck insurance premium in Texas for drivers with a clean driving record is between $12,000 – $17,200 per year, depending on the type of truck they are looking to insure. In Texas, we see a range of premiums from $12,000 to $17,200 per year.
To find out how much you can expect to pay for your commercial truck insurance in Texas, contact our team today for a quick and easy quote.
Example Texas Commercial Truck Insurance Cost Estimate
The below scenario assumes a clean driving record. Your personal driving history will affect your Texas insurance cost and premium. See below for a more thorough list of factors that can influence your truck insurance premium.
|
Limit of Liability
|
$300,000
|
$500,000
|
$750,000
|
$1,000,000
|
|---|---|---|---|---|
|
Dump Truck
|
$12,200
|
$14,200
|
$15,200
|
$16,200
|
|
Box Truck
|
$12,200
|
$14,200
|
$15,200
|
$16,200
|
|
Tow Truck
|
$13,200
|
$15,200
|
$16,200
|
$17,200
|
|
Tractor Trailer
|
$13,200
|
$15,200
|
$16,200
|
$17,200
|
Texas Truck Insurance Filings
Securing authority to operate as a carrier in Texas is a significant milestone, but ensuring compliance with necessary insurance filings is equally critical. The National Independent Truckers Insurance Company (NITIC) stands as a valuable partner to assist you with essential insurance filings once you’ve been granted authority by the FMCSA
At NITIC, we go beyond insurance coverage for Texas truckers by offering a comprehensive suite of insurance services to support your success as a carrier. Trust us to navigate the complexities of insurance filings, allowing you to focus on what you do best—moving your business forward. Contact NITIC today for personalized assistance with ICC, MCS90, Form E, Form H, Form T, SR22 and form SR22A after obtaining authority.
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