TRUCKERS

Trucking Insurance

Protecting drivers, equipment, and the movement of goods

Trucking operations face constant exposure on the road, at loading docks, and across state lines. With heavy vehicles, regulatory oversight, and high-severity accident potential, trucking insurance must be structured carefully to protect both operations and financial stability.

A properly designed insurance program is essential to keeping trucks moving and businesses operating.

Key Risks in Trucking Operations

Trucking companies face exposure related to:

• Severe auto accidents involving bodily injury or property damage

• Cargo loss or damage

• Regulatory compliance and federal filings

• Driver safety and qualification issues

• Equipment damage or theft

• Business interruption following major losses

Even a single accident can have catastrophic financial consequences.

Core Coverages for Trucking Companies

Trucking insurance programs typically include:

Commercial Auto Liability
Provides primary protection for bodily injury and property damage arising from vehicle accidents.

Motor Truck Cargo
Covers loss or damage to cargo while in transit, subject to policy terms.

General Liability
Protects against third-party claims not directly related to vehicle operation.

Physical Damage
Covers damage to owned tractors and trailers, including collision and comprehensive losses.

Umbrella / Excess Liability
Provides additional limits for catastrophic accidents or multi-claim events.

What’s Commonly Overlooked

Trucking insurance programs are often weakened by:

• Inadequate liability limits for severe accidents

• Missing or insufficient cargo coverage

• Failure to meet federal or state filing requirements

• Gaps between auto and general liability policies

• Misalignment between operations and policy radius or use

These issues often surface during audits or major claims.

Real-World Claim Examples

• A multi-vehicle accident results in serious injuries

• Cargo is damaged or stolen during transit

• A tractor is totaled in a collision

• A regulatory filing issue delays operations

Trucking losses are often high-severity and heavily litigated.

Why Proper Placement Matters

Trucking coverage varies significantly based on:

• Type of freight hauled

• Radius of operation

• Driver experience and safety history

• Fleet size and equipment type

• Federal and state regulatory requirements

Improper placement can result in denied claims or operating shutdowns.

Our Approach

At Cory Washington & Co., we approach trucking insurance with a compliance-driven and severity-focused mindset. We align coverage with hauling operations, regulatory obligations, and risk tolerance — helping trucking businesses stay protected and on the road.

Strong logistics depend on strong protection.