Trucks are an important component in the Texas freight system. Over 1.2 billion tons of freight is transported on Texas highways each year and approximately 75% of materials manufactured in the state are transported by truck. According to the Texas Department of Transportation, the state is home to more than 66,000 trucking companies and 1 in 16 Texans are employed by the trucking industry.
Home of the Alamo, San Antonio is considered one of the most attractive places to conduct trucking business in Texas. Whether you are an independent contractor hoping to establish a new company in the local market or you operate an already established business, commercial trucking insurance in San Antonio is a necessity. Our experienced brokers can help you identify a San Antonio commercial trucking insurance solution that offers maximum protection for a price you can afford.
Commercial Trucking Insurance for San Antonio Companies
Despite the improvements in vehicle safety standards, trucking is still considered a risky line of business. Billions of dollars of freight are moved each day and the trucking industry is responsible for transporting pretty much every good manufactured in the U.S. You need the right coverage to protect your fleet, employees and the cargo you are transporting. Your commercial trucking insurance options in San Antonio include:
- Primary Liability: Every trucking company that operates in San Antonio is required to have primary liability coverage on all owned vehicles. For leased units, you must provide the insurance or ensure the leased operator carries the proper coverage.
- Cargo Insurance: Cargo insurance is a necessity if your company regularly transports cargo from San Antonio to other parts of the country. This type of insurance provides coverage if cargo is lost or damaged during transport. You need to ensure operators you lease vehicles from carry this coverage as well.
- Physical damage: Provides coverage for repair or replacement of vehicles or property in the event of a collision, fire, theft, vandalism or natural disaster.
As a leader in the commercial trucking insurance industry, we strive to help our customers navigate the complex insurance market while providing the best customer service possible. Our team of experienced brokers can help you understand the best type of coverage for your business. We consider things such as company size, location and annual revenue when customizing insurance policies. We want you to get the best protection possible so your business can continue to grow and increase in profitability.
Cost of Commercial Trucking Insurance in San Antonio
In 2019, commercial trucking companies paid an average monthly cost of $931 for insurance. These numbers are only an average and premiums vary depending on a variety of factors. Your monthly rate will depend on factors including:
- U.S. Department of Transportation authority
- Movement radius
- Coverage requirements
- Vehicle type and cost
- Cargo
- Driving history