Texas Commercial Truck Insurance (2024)

With an A+ BBB Rating and Over 100 5-Star Google Reviews, Texas Truckers Trust NITIC for Easy Commercial Truck Insurance Quotes!​

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.

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:

• General liability
• Physical damage
• Motor truck cargo
• Non-trucking liability
• Trailer interchange
• Non-owner trailer coverage
• Garage-keeper liability
• Short-term insurance
• Hazmat insurance
• Auto hauler insurance
• Refrigerator breakdown coverage
• On-hook towing insurance

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.

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.

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.

• 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

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 – $17,200per 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.

Read more on Texas commercial truck insurance costs here!

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.