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Commercial Truck Insurance: Myths and Misconceptions 

Blue commercial big rig truck driving on road in sunshine

Insurance for commercial trucks can protect you financially if your trucks are involved in a crash. However, there’s a lot of confusion around how trucking insurance works. Many private carriers have more questions than answers!  

For example: do you need truck commercial insurance? And just how expensive is commercial insurance for trucks? To help, let us dispel some common myths and misconceptions below.  

1. You Don’t Need Commercial Truck Insurance 

This is a myth! In Connecticut, you’re usually legally required to have commercial truck insurance. This is the case if your trucks travel certain distances or weigh a certain amount. To be safe, you should carry truck insurance.  

You face steep financial penalties if you don’t have truck insurance when you need it. Protect your business. To avoid business interruption, or damaging your cashflow, arrange sufficient coverage for your fleet.  

2. All Commercial Trucking Insurance Policies Are the Same 

It’s not true to say that all commercial policies are the same. Policies offer different levels of coverage – the right coverage for you depends on, for example: 

  • Business purposes 
  • Size of your fleet 
  • Number of drivers  
  • Driving history 
  • Type of cargo  

For example, you might have primary liability coverage. But you might also want cargo insurance and occupational accident insurance. It’s a misconception to assume that any two policies are alike. Contact us to discuss your options for your trucking business. 

3. Seasonal Trucks Don’t Need Trucking Insurance All Year 

Do you have a seasonal business, such as a snowplow business? You might consider only insuring your fleet while it’s operational.  

However, this is a misconception. The reality is that your trucks are still business assets – no matter what time of year it is. If they’re vandalized or stolen, you risk being responsible for covering the damage. Otherwise, you could face downtime when it’s time to start using your trucks again. 

It’s possible to find special insurance policies for seasonal businesses. Our team can help you explore your options.  

4. Insurance for Commercial Trucks Is Expensive 

This is another misconception. While it’s true that every policy is unique, there’s no need for it to be expensive. In fact, it’s simple to find cost-effective truck insurance if you shop around.  

Commercial truck insurance costs depend on various factors, including: 

  • Level of coverage 
  • Claims history 
  • Driver experience 
  • Type of cargo  

Experienced agents – such as those on our team – can help you find a policy that fits your needs and your budget. We’ll ensure you have the coverage you need while protecting your bottom line. 

Get Insurance for Commercial Trucks Today 

Commercial truck insurance is essential to protect your fleet – and your business. Unsure where to find the right coverage? That’s where we come in. 

Adion Financial can help you find competitive insurance coverage to meet your needs. It only takes a few minutes to start the quote process. Contact us online or call now to learn more about commercial insurance for trucks in CT. 

Would you like us to review your policies?

Are you ready to save time, aggravation, and money? The team at Adion Financial is here and ready to make the process as painless as possible. We look forward to meeting you!

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