The trucking profession is saturated with risks, many of which are exclusive to the industry. Whether you have been hauling loads for decades or just getting your start behind the wheel, having the right trucking insurance is an essential part of protecting yourself, your business, and your trucks against potential loss. At Burstad Insurance, we help truck drivers in the greater Central and Western Wisconsin areas find personalized commercial trucking insurance that reduces financial risk exposures. Our goal is to provide complete coverage at affordable rates that support your bottom line.
Our team of independent agents can find coverage for a wide range of business models, including private carriers, owner-operators, and commercial trucking businesses. We can insure:
- 18-wheeler and semi-trucks
- Freight trucks
- Tow trucks
- Dump trucks
- Flatbed trucks
- And more
Trucking Insurance Rates
Regardless of how big or small your business may be, profitability is an important part of its continuity. We know how important it is to find affordable commercial insurance coverage. We also know that you cannot afford to jeopardize the quality of your protection for the sake of extra savings. By working with an independent agent, you do not have to choose. We offer coverage that takes on some of the most expensive risks, including trucking accidents, cargo damage, liability, truck damages, and more. We consider a wide range of variables when assessing your risk exposures and then make recommendations for coverage based on those factors. Your trucking insurance premiums may be influenced by:
- The type, age, and condition of your fleet
- The distance you drive annually
- The average distance you drive for each pickup/delivery
- The type of cargo you haul
- Driver history, including accidents, moving violations, and insurance claims records
- And more
Motor Carrier Coverage
If you drive a vehicle for-hire, you probably need motor carrier coverage. As an independent contractor, this means that you must purchase your own insurance to protect yourself and your truck. You may also need coverage for the cargo you haul and the businesses you contract with.
At Burstad Insurance, we provide motor carrier insurance for owner-operators and lease contractors that includes many different types of coverage. Examples include:
Liability Protection
All drivers need liability insurance. Not only is it the law, but it could also protect your business against devastating financial losses and legal bills that could threaten your financial solvency. Since accident liability is one of the greatest risks of the trucking industry, we recommend high-limit coverage that pays for victim medical bills, as well as legal fees and judgments that are the result of a bodily injury or property damage lawsuit.
Non-Trucking Liability Coverage
For insurance purposes, it matters whether you are ‘on the job’ when you cause an accident in your truck. If you have liability coverage through a lease, you likely also need private non-trucking liability coverage to pay for bodily injury and property damage liability you incur because of an off-duty accident. This includes when you are operating your truck for private use or during your commute.
Physical Damages
Your rig would cost thousands of dollars to repair after an accident and even more to replace in the event of a total loss. Could you fulfill motor-carrier contracts without the use of your truck? Whether you experience a rollover, multi-vehicle pileup, or a run-in with wildlife, make sure your truck is protected with collision and comprehensive damages insurance. Together, these two coverages can pay for repairs or compensate you for loss of value if your truck is damaged due to an accident or non-collision event.
Uninsured (UM)/Underinsured Motorist (UIM)
Trucking injuries can result in hospitalization, extensive medical treatments, lost income, and more. If you are injured by an uninsured driver, UM coverage provides a source of compensation for your losses when there is no other insurance policy to pursue a claim against. We also recommend UIM coverage, which can help pay excess damages when an insured at-fault driver has too little coverage to pay for your losses.
Medical Payments
If an accident leaves you or your passenger injured, medical payments coverage can help pay for your necessary medical expenses up to the limits of your coverage. This benefit pays regardless of who is at-fault for the accident. Furthermore, accepting medical payments reimbursement does not prevent you from pursuing compensation of damages from an at-fault motorist if you were not at-fault for the accident.
Cargo Insurance
The companies that hire you expect their shipments to reach the final destination fully intact. If the transfer does not go as smoothly as expected, look to your cargo insurance to help provide compensation for covered damages and loss that occurs in transit.
Commercial Insurance for Private Trucks
We can also offer extensive commercial coverage options for businesses that own their service trucks. Ask one of our agents about commercial insurance solutions that include coverage for physical damages, liability, injuries, medical payments for drivers and passengers, roadside assistance, and more.
Request Your Trucking Insurance Quotes
We recognize the dangers you face in the trucking industry day in and day out. With our team by your side and robust insurance coverage behind you, you can stop worrying about your financial risks and spend more time focused on financial growth instead. Whether you need motor carrier and private commercial truck insurance, the team at Burstad Insurance can help you assemble a multifaceted protection plan that safeguards your business against potential loss. Our agents will adjust your coverage according to your needs, whether you need to protect one truck or and entire fleet. Your coverage can also be revised to meet the guidelines of your lease agreements and any state requirements your business is required to maintain.
For more information about commercial trucking insurance or to request your free quotes, contact our office today. We look forward to serving you soon.
