What Insurance Do You Need to Launch a Trucking Business?
- Nate Jones, CPCU, ARM, CLCS, AU
- 13 hours ago
- 2 min read
Starting a trucking business involves more than buying trucks and finding clients — insurance is essential to protect your investment, comply with regulations, and secure contracts. Without proper coverage, even a small accident can jeopardize your business.
This guide explains the key insurance policies every new trucking business should consider.
Commercial auto insurance is the backbone of trucking coverage. It protects your trucks, drivers, and business from financial losses due to accidents, vehicle damage, or property damage caused while driving.
Key points:
Required for operating trucks commercially
Covers liability for injuries and property damage
Can include collision and comprehensive coverage
General liability insurance protects your trucking business from claims unrelated to driving, such as:
Third-party injuries at your business location
Property damage during loading/unloading
Legal defense costs for covered claims
This coverage is crucial for protecting your assets and maintaining credibility with clients and brokers.
Cargo insurance covers the goods you transport, protecting your business from financial loss if shipments are lost, stolen, or damaged.
Considerations:
Required by many shippers or brokers
Protects high-value or fragile freight
Can be customized by cargo type
Check Now: Cargo Insurance Basics
If you hire drivers or other employees, workers’ compensation insurance is typically required by law. It covers:
Medical expenses from work-related injuries
Lost wages for injured employees
Rehabilitation costs
This coverage protects both employees and your business from potentially costly claims.
Umbrella insurance provides additional liability coverage beyond the limits of your primary policies. It’s ideal for:
Businesses with multiple trucks
High-value contracts or freight
Extra protection against catastrophic claims
How Insurance Helps You Launch Successfully
Having the right insurance enables you to:
Meet regulatory and contract requirements
Qualify for shippers and brokers
Reduce financial risk from accidents, cargo loss, or employee injury
Protect your trucks, drivers, and business reputation
Starting with a comprehensive insurance plan ensures your trucking business is built on a solid foundation.
Partner With Wexford Insurance
Launching a trucking business without the right coverage is risky. Wexford Insurance specializes in commercial trucking insurance, helping startups protect their vehicles, cargo, drivers, and business operations from day one.
Final Thoughts
Insurance is a critical component of any trucking business launch. By securing commercial auto, general liability, cargo, workers’ compensation, and umbrella coverage, you protect your assets, satisfy clients, and comply with regulations. Starting your trucking business with the right insurance from Wexford Insurance sets you up for long-term success.
Contact us today.
