Commercial Truck Insurance California

Everything You Need to Know About Commercial Truck Insurance in California

Trucks transport products from their primary loading pickup location to final unloading and delivery at the receiver’s location. The products or cargo may include finished goods, raw materials, or other work-in-process items. The truck driver or trucker may also assist clients in the packing and unpacking of items.

There are many California trucking businesses that have warehouse establishments for both long-term and temporary storage of their customers’ products. Some of them haul their cargo to the same locations repeatedly, while others change their destinations frequently. 

It doesn’t matter if your business owns one or more trucks. What’s essential to your trucking business’ success is to prevent the perils your truckers face on the road. You might own one truck to deliver goods or an entire fleet of vehicles that transported freight to different parts of the world. Either way, having California commercial truck insurance is always a good idea to consider. Here’s everything you need to know about commercial truck insurance in California. 

 A blue truck parked in empty parking.

California Truck Insurance Policy Information

In 2019, 5,005 large trucks were involved in fatal crashes. Trucks also made 10% of all vehicles involved in fatal crashes, according to the same source. It only shows how dangerous the commercial trucking industry is. 

Regardless, California’s commercial truck accidents, specifically in cities like Los Angeles, San Diego, San Jose, and San Francisco, are expensive. The average payout can add up to an average amount of $70,000

When looking for the perfect California truck insurance policy, it is always recommended to make sure that this insurance policy information is explained by your insurance company, together with the accurate insurance quote applicable for your business.

In case that you have included big commercial trucks for your business like auto trailers, garbage trucks, dump trucks, car haulers, tank trucks, box trucks, tow trucks, and flatbed trucks, make sure that the truck insurance you’ll get is enough to enclose your liabilities. 

Commercial truckers insurance limits the losses in case of a covered peril. The risk you face is a changing one though these trucking vehicles have different work to do. Many factors are included as to how much you will pay for the California truck insurance you purchase. These include the employees who drive the truck, the number of miles logged yearly, and the truck’s amount of time on the road.

Insuring Your Truck With These California Insurance Coverages

Like any other vehicle, California commercial insurance truck coverage is applicable in various iterations. Each of them is created with a particular goal of safeguarding the truck insurance policy owner from significant losses. Below are the different types of insurance coverage that may be included in your trucking insurance in California.

Every time truckers operate their rig, they need to carry liability trucking insurance. It puts protections into appropriate place that helps safeguard truckers and owners against unnecessary situations. Injuries, property damage, and other types of accidents can happen anytime while operating a trucking vehicle. Since trucks have more considerable weight and size, they usually tend to do more damage and injuries than car accidents in California. The liability trucking insurance coverage will pay for any legal defense if someone files a lawsuit after an accident.

The repair cost, including the damages done in an accident, is prohibitive. But this insurance coverage will compensate for the repair cost as specified in your trucking commercial insurance policy limits. Though sometimes the collision coverage can pay for the injuries and damages because of the colliding incident between the objects or vehicles, this trucking insurance coverage is more comprehensive and still pays for non-collision damages. State law in California doesn’t require this type of insurance coverage for the trucking business. However, it’s still crucial to get one, especially if trucks are financed. It’s crucial to get California commercial truck insurance to ensure appropriate compensation and fair insurance market value.

  • Uninsured/Underinsured Motorist Insurance Coverage

This insurance coverage occurs if other parties involved in an accident lack coverage to pay or compensate for damage repairs or don’t have any truck insurance.

Suppose someone asks to transport their items using your trucking vehicle. In that case, you must provide a good service and take responsibility for the products or goods because it is in your possession. But if an accident or a collision happens, and the goods are damaged or dumped onto a roadway, the cost can be expensive if you don’t have insurance. It’s a good thing that there is a motor cargo insurance coverage that safeguards you from different liabilities that occur with many risks of products being transported for others.

Why Do You Need Commercial Truck Insurance?

Suppose you are located in different California cities like Los Angeles, San Diego, San Jose, San Francisco, and many others. In that case, California commercial truck insurance is an excellent way to keep your company moving and provide your truckers with the benefits they deserve. If your truck is on the road, you are always making money. But if not, you’ll get business losses, especially without getting insurance. Just make sure that the commercial California insurance you purchase covers the important coverages mentioned above.

It’s always a good idea to shop around first and consider which Commercial Auto Insurance in California quote is appropriate for you.

How Much Does Commercial Truck Insurance in California Cost?

On average, the cost for truck insurance in California is $14,189 per year.

For example, an owner of a truck that is based in Bakersfield, with over 3 years of experience, will need to pay $12,721 for an annual premium. Another truck owner, at the same location, but with 2 years of experience and with a different type of cargo will pay $15,600 for the same annual premium.

The cost of commercial truck insurance in California is based on many factors, including the type of cargo you are hauling, your driving history, and how long you’ve been in the trucking business. 

Related: Trucking Business Plan

Is Commercial Trucking Insurance Required in California?

Any driver who is traveling within California in a truck that is more than 10,000 gross vehicle weight needs to have liability insurance. East Insurance Group provides insurance in all locations in California, including San Diego, Los Angeles, Fresno, Sacramento, and San Jose. 

There are many unpredictable situations that can happen to you if you are driving a truck. Accidents, theft, and injuries are just some of the situations that can be covered with commercial trucking insurance in California.

Are you still confused about commercial vehicle insurance in California or do you need some help with getting a quote for your business? Contact us today and get all the information you need fast and for free! 

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