Trucking Insurance in Ohio
Trucking companies and tractor trailer drivers must purchase different types of commercial insurance for their operations and fleet. Various types of trucking insurance may also help protect the driver or the company’s property.
The agents at Mayflower Insurance are ready to help you understand your insurance options. Whether you own a trucking company or are a tractor trailer driver, we are here to tailor your trucking insurance to meet your needs. Contact us today to get a quote.
Do Ohio Truck Drivers Need Business Insurance?
Yes, tractor trailer drivers and trucking companies must purchase a minimum of public liability insurance according to the Federal Motor Carrier Safety Administration (FMCSA).
This business insurance coverage helps pay for third-party damages and environmental restoration if needed in an accident. A trucking company must prove that it complies with FMCSA insurance regulations before getting its Operating Authority (MC number).
A shipper or broker may require higher liability limits than the FMCSA requirements. Your agent can help you get the insurance coverage you need to comply with all regulations and requirements.
Do Ohio Truck Drivers Need Commercial Auto Insurance?
All truck drivers and trucking companies in Ohio need commercial auto insurance to help provide crucial financial protection if there’s property damage or injury-causing accident or incident.
When tailoring an insurance plan for a trucking company or tractor trailer operator, your agent may start with the following coverages:
Commercial auto liability coverage—This policy helps pay for third-party injuries and property damage. It includes two main types of coverage:
In addition to basic liability coverage, a commercial auto policy typically provides the following coverages:
- Bodily injury liability—This coverage helps pay medical bills for third parties injured in an accident if the tractor trailer driver is legally liable.
- Property damage liability—This coverage helps pay to replace or repair a third-party’s property after an accident if the tractor trailer driver was at fault.
Other coverages that trucking companies or tractor trailer operators may need depending on their operations include:
- Comprehensive insurance—This coverage helps pay for damages after an incident or accident where damage is unrelated to a collision. You may need this coverage to replace or repair your tractor trailer after acts of vandalism, a fire or weather damage.
- Collision insurance—This coverage helps pay for damages to a tractor trailer after an accident involving another vehicle or a collision with an object.
- Medical payments/personal injury protection coverage—This coverage helps pay medical bills and other financial losses if the tractor trailer driver or a passenger is injured in an accident.
- Uninsured/underinsured motorist insurance—This policy helps pay to replace or repair a tractor trailer if an accident causes damage and the responsible party is uninsured or doesn’t have enough liability insurance coverage.
- Trailer interchange insurance—This policy covers the repairs for the damage to another’s trailer caused by the insured.
- Bobtail insurance—This coverage helps pay for damages if a driver is in an accident when no trailer is attached.
- Non-trucking liability insurance—This covers tractor trailers being used for personal reasons if an accident or incident occurs.
- Umbrella insurance—This policy helps pay liability claims that exceed the limits of your other liability policies.
Get the Ohio Trucking Insurance You Need Today
Contact the agents at Mayflower Insurance, serving tractor trailer drivers and trucking companies across Indiana and Ohio, to learn how various trucking insurance policies can help protect your trucking company.