How Much Does Insurance Cost for a Truck?
The cost of insuring a commercial truck in 2025 depends on many factors, including your base state, type of trucking operation, and driving record. There’s no universal price, but we’ve seen general trends across the country.
Typical Annual Premium Ranges:
- Owner-Operator (With Own Authority): $12,000–$25,000
- Leased Owner-Operator (Covered Under Carrier’s Policy): $3,000–$5,000
- Fleet Policies (10+ Trucks): $7,000–$13,000 per unit
Key Factors That Impact Your Premium:
- Location: Each state has its own insurance regulations, legal environments, and accident rates
- Driving History: Clean MVRs receive lower rates
- Cargo Type: Hazardous materials or high-value goods raise premiums
- Distance/Radius of Operation: Local hauls may be cheaper than long-haul interstate
- Vehicle Value and Age: Newer trucks often cost more to insure
- USDOT Safety Rating: Your company’s inspection history can affect rates
In addition to the base cost, there may be additional fees for filings (such as BMC-91 or MCS-90), certificates of insurance, or specialized endorsements.
We recommend reviewing your policy annually. If your operation has changed (e.g., new lanes, new cargo types), your insurance should reflect that.