Liability + cargo + physical damage for a single-truck operation, adjusted by state, truck class, experience, and operating radius. Use this as a sanity check before quoting brokers.
Planning estimate for liability, cargo, and physical damage on one truck. Compare at least three written quotes using identical limits and deductibles.
Module 2 covers the exact coverage limits GCs require, how to structure additional insureds, and the two riders most agents forget to sell you.
Enroll for $39The calculator starts with the planning range stored for each state, then applies transparent factors for axle configuration, CDL experience, operating radius, and driving record. Those factors are editorial assumptions, not insurer rate filings or quotes. The result excludes policy fees, endorsements, hired/non-owned auto, umbrella, and workers' compensation.
For a useful broker comparison, send every agent the same VIN, garaging address, stated radius, annual mileage, material, driver roster, limits, deductibles, and loss runs. Ask each broker to label every included and excluded coverage.
FMCSA's federal financial-responsibility table lists a $750,000 minimum for many for-hire interstate property carriers, with higher limits for specified hazardous materials. That is not a universal recommendation: state rules and customer contracts can differ, and many GCs require higher limits.
FMCSA minimum-level tableA single-truck policy often costs several thousand dollars per year, but the actual quote depends on garaging ZIP code, truck value, radius, driving history, authority, material, limits, and deductibles. Use this calculator for planning, then compare written quotes.
Typical coverage includes commercial auto liability, physical damage when financed, motor truck cargo when contractually required, and general liability. Workers' compensation and umbrella coverage depend on staffing and customer requirements.
No. Federal minimum financial-responsibility rules vary by operation and cargo, while many general contractors impose higher contractual limits. Confirm both the legal minimum and the customer's certificate requirements.