How to Get Charter Bus Insurance for Your Transportation Business
- Feb 12
- 2 min read
If you operate a charter bus or motor coach company, securing the right charter bus insurance is not optional—it’s essential for legal compliance, financial protection, and long-term business success. Whether you manage a small fleet or multiple vehicles across state lines, understanding coverage requirements and choosing the right partner can protect your business from costly claims.
Understand Federal and State Requirements
Charter bus operators must meet minimum liability requirements set by the Federal Motor Carrier Safety Administration (FMCSA). According to the FMCSA passenger carriers transporting 16 or more passengers are typically required to carry at least $5 million in liability coverage.
You may also need to comply with state-level Department of Transportation (DOT) regulations. Reviewing guidelines through your state DOT website ensures your policy meets local mandates. The National Association of Insurance Commissioners is another helpful resource for understanding insurance standards.
Know the Types of Coverage You Need
A comprehensive charter bus insurance policy often includes:
Commercial Auto Liability – Covers bodily injury and property damage.
Physical Damage Coverage – Protects your buses from collision, fire, theft, or vandalism.
General Liability – Covers incidents occurring outside of driving operations.
Workers’ Compensation – Required if you employ drivers or staff.
Umbrella Coverage – Adds extra protection beyond primary policy limits.
Your coverage needs will depend on fleet size, travel radius, driver experience, and passenger capacity.
Factors That Impact Insurance Costs
Insurance premiums for transportation businesses vary based on:
Driving records and safety history
Years in business
Vehicle value and condition
Annual mileage
Claims history
Maintaining strong safety protocols, regular vehicle inspections, and ongoing driver training can significantly reduce risk and help control premium costs.
Work With a Transportation Insurance Specialist
Charter bus insurance is highly specialized. Working with an agency that understands passenger transportation ensures you receive accurate coverage tailored to your operations.
Wexford Insurance specializes in commercial transportation insurance solutions designed specifically for charter bus operators and motor coach companies. Their team understands federal filing requirements, risk management strategies, and competitive pricing structures within the industry.
If you’re starting a new transportation company or reviewing your current policy, now is the time to request a tailored quote.
👉 Request a free charter bus insurance quote from Wexford Insurance to ensure your fleet is properly protected and fully compliant.
The right policy does more than meet legal requirements—it protects your drivers, passengers, vehicles, and business reputation.
