Blog Call 800-726-8376 Call Se Habla Español Average cost of truck insurance What is the average commercial truck insurance cost? January 17, 2023 If driving a truck is part of your commercial activity, then protecting your assets, cargo, and other people with adequate coverage is a necessity. But the average commercial truck insurance cost is capable of digging deep into your pockets. This is because the rate of road accidents is rising, and so is the price of premiums. The approximate cost of an accident involving a truck is estimated to be $148,279. However, the increasing graph of accidents is not the singular factor which contributes to high insurance prices. From the rising rates of litigation and medical to inexperienced drivers entering the trucking industry, there are numerous elements that fuel the price of truck insurance. Whether you are an individual trucker or owner-operators you should know how the cost of commercial trucking insurance is determined. In this post, w
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