One factor that goes into a trucker’s insurance cost is what type of trailer they use. Any commercial driver who pulls a dry van trailer is legally obligated to have certain coverages when operating their rig. We can help you get the best deal on your insurance
Where to Find Insurance for Truckers hauling Dry Trailers
Congratulations, dry vans are easier to insure than, say, loggers or tankers. It’s less risky, so it’s not an excluded class like some other operations. Different dry van insurance companies do specialize in different areas of the country, and they offer vastly different plans based on what kind of driver you are and what you typically haul. So it pays to shop around to find the best mix of cost and coverage.
What does Dry Trailer Insurance Cover?
Insurance for a dry freight trailer covers a variety of things. Whether you drive a box truck, a semi-trailer, or a smaller commercial vehicle, you’ll want to fully insure your property, the property of others, and whatever it is you’re hauling. Some typical coverages include:
Liability Insurance – pays damages to other motorists when you’re at fault during an accident
Collision Coverage – pays for damage done to your tractor or trailer after a collision with another vehicle.
Comprehensive Coverage – pays for damage outside of a collision. Examples include fire, theft, vandalism, and damage from animals.
Cargo Insurance – pays for damage done to your hauled freight while on the road.
Loading and Unloading Coverage – pays for damage done to your freight during the loading and unloading process.
Towing and Storage Coverage – pays for a tow after an accident.
Debris Removal – pays the cost of picking up freight and debris spilt on a roadway after an accident.
Earned Freight – if a shipment can’t be delivered for any reason, the insurance company reimburses you with the income that you would have otherwise made.
Combined Deductible – after an accident, you’re responsible for paying only a single deductible instead of a deductible for each individual coverage.
How Much Does Dry Van Insurance Cost?
Your run-of-the-mill insurance policy for a dry van hauling dry palletized freight will cost between $7,000 and $9,500 a year. Where you pay inside that range depends on a few things:
- The area of operation
- Your Driving history
- Your Driving experience
- The policy limits
- The deductibles
- Your payment plan
- The insurance company you choose
To find a commercial trucking insurance company that can meet your requirements, both coverage-wise and budget-wise, it’s crucial that you compare a few companies first. We can help. Simply contact us for a free quote!
