New Trucking Company? Try our Pay-by-mile Program

Dump truck insurance is an essential component of any business that operates these heavy-duty vehicles. It offers protection against damage or injury caused by dump trucks, ensuring that your business is covered in the event of an accident or mishap. This guide will help you understand the various aspects of dump truck insurance, including the types of coverage you need, what it entails, who requires it, what is typically covered, and the associated costs. Trucking Insurance Group has insurance programs exclusive to dump truck operations, enabling us to craft policies specific to your operation, with favorable rates.

Dump Truck Insurance

What is Commercial Dump Truck Insurance?

Dump truck insurance is a type of commercial auto insurance policy that caters to construction industry experts. It is designed for heavy-duty vehicles that haul things like dirt, sand, and gravel. You need this insurance coverage in case you cause property damage at a site or cause an accident on the road. In this guide, we'll explain the importance of dump truck insurance and what is covered.

Dump truck operations can include Sand & Gravel haulers (Aggregate), Construction Materials hauler, Enviornmental Waste Haulers, Debris Haulers, Home Renovation Contractors, Junk Removal, Snow Removal & Landscaping operations. Businesses that need dump truck insurance may also need to apply for state or federal operating authority and provide proof of financial responsibility, or filings, to regulators. Filings are provided by your insurance company, and they let the government know that you have the required liability insurance protection needed to meet state and federal requirements.

Why Do You Need Commercial Dump Truck Insurance?

FMCSA regulations are set in place to protect the public by ensuring the drivers operate with safety, avoiding potential road hazards. In order to obtain operating authority, an insurance carrier must complete your filings, confirming your insurance limits satisfy the state and federal minimum requirements for interstate & intrastate commerce transportation. Your CSA scores (compliance) dictate the terms and conditions the insurance carrier will set on you, as well as the cost of your premium, making it vital to follow your safety programs, to its entirety. You will NOT be able to book loads from any shipper/broker without Operating Authority.

Which Dump Truck Insurance Coverages Do You Need?

It is important to keep in mind legal requirements when obtaining trucking insurance. Commercial Truck Insurance is mandatory in all 50 states and failure to obtain coverage could cost you a lot of money in fines or even worse, your license. By law, you must have a minimum of 750,000 in auto liability and cargo coverage (coverage depends on what your trucks are hauling).

Bobtail Liability Insurance: Bobtail Insurance provides coverage for owner operators when the trailer is NOT attached. Typically, this includes when you are under dispatch or en-route to pick up a load.

Non-Trucking Liability Insurance: Bobtail Insurance provides coverage for owner operators when the trailer is NOT attached. Typically, this includes when you are under dispatch or en-route to pick up a load.

Occupational Accident Insurance: This coverage is intended for Owner Operators who are leased onto a motor carrier. If they are 1099 employees, they must obtain Occupational Accident INSTEAD of Workers Compensation.

Physical Damage Insurance: This is the type of insurance that you will need to pay for the damage to your tractor/trailer during an accident, or because of another covered loss. Coverage will include both comprehensive damage caused by vandalism, theft or severe weather, as well as collision damage caused by an accident. There is a huge difference in Actual Cost Value (ACV) Vs. Replacement Cost (RC) coverage, making it vital that you have an experienced broker to advise you of these coverage differences.

Motor Truck Cargo Insurance: (A.K.A) MTC, this policy provides coverage for the freight you are hauling, while it is in your care, custody & control (CCC). This coverage is vital for any "For-Hire" trucking operations to protect yourself, the shipper & freight broker. Most insurance carriers have crafted their own Motor Truck Legal Liability Form, so it is important to understand what is covered & what is excluded.

Workers Compensation Insurance: Workers Compensation will cover medical bills, physical therapy, prescriptions, and necessary travel expenses for any work-related injury. In order to receive benefits, the treating doctor must be on the state’s approved list. If the injury is serious, the employee may be entitled to lifetime medical benefits. It will also cover lost wages, burial & death benefits & legal action if an employee sues your workplace after an injury.

Umbrella/Excess Insurance: Umbrella or Excess Insurance provides extra protection for your company in the event of an catastrophic loss (CAT/Shock Loss). These coverages are secondary and only triggered when all other applicable coverage limits have exhausted. It is imperative that you have this coverage as the risk of not securing it is enough to put most motor carriers out of business.

Dump Truck Insurance Coverages

Auto Liability Insurance: Your transportation liability insurance will cover bodily injury, provide financial support for medical expenses, and property damage. If legal action is taken out against you because of the accident, your liability insurance will also cover the cost of your defense, regardless if you are found to be at fault or not.

Truckers General Liability Insurance: General liability insurance for truckers is a type of insurance that can help protect you financially if you're ever held responsible for damaging someone else's property or causing an injury. This coverage is important because it can help pay for things like repairs to the other person's property, medical bills, and even legal fees if you're sued.

All Semi-Trucks

All Trailers

Dump Trucks

Box Trucks

Tow Trucks

Vehicles We Insure

Insurance Coverages We Offer

At Trucking Insurance Solutions, we assist trucking companies and haulers of all types, providing them with the best insurance rates along with the necessary compliance advice that comes with owning a trucking company. We firmly believe that experience, knowledge & negotiation is the key to successfully securing insurance coverage. We think outside of the box to craft solutions specific to your transportation operations. Terms are just as important as premium.

General Liability

Auto Liability

Physical Damage

Motor Truck Cargo

Workers Compensation

Umbrella/Excess

Bobtail & NTL

Pollution Liability

The coverages listed above are the main coverages we offer. There are over 30 endorsements we can add to your policy to enhance coverage. Click the button to learn more about specific coverages for your trucking operation, or email: Joshua@trucking-insurancesolutions.com

We pride ourselves on being rated #1 for customer service. Our client portal allows self service, keeping you on the road more and on the phone less.

We value lasting relationships with our team and our clients. Learn why insurance companies and trucking companies put their trust in Trucking Insurance Group.

Using our unique strategies, we have been able to save clients up to 30% on their annual premium, while also helping lower the clients CSA scores.

As a client focused agency, we are available, proactive, urgent and accurate. Sincerely, we look after our clients as if they are family.

Why Trucking Insurance Solutions?

24/7 CUSTOMER SERVICE

RELATIONSHIPS

REDUCE PREMIUMS

CLIENTS