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Hot Shot Trucker Insurance to fit your budget & needs

Low Cost Hot Shot Trucker Insurance in AL, FL & GA

What is Hot Shot Truck Insurance?
Hot Shot Truck Insurance is a commercial auto policy specializing in the expedited transport of cargo with a pickup truck. Oftentimes hotshot trucking involves delivering goods in a short time frame and as such, it is important that goods are delivered in a timely fashion. Most hauling for hire businesses are a high-risk and high reward business. This insurance protects your business from third-party liability claims involving bodily injury, physical damage you cause, as well as physical damage to your vehicle and injury to your person.
Do I Need Hot Shot Truck Insurance?
It is illegal in all 50 states to drive without Commercial Auto Insurance. Freight brokers and clients will require very specific limits from your hotshot trucking business, which can only be secured on a Commercial Auto policy.
Hot Shot Truck Insurance Requirements
Whether you are just starting out or are planning to renew your insurance, you need to meet the insurance requirements of not just your state, but your brokers and shippers as well. Commonly requested coverages are as follows:

• Cargo coverage protects commodities or freight hauled by For-hire Truckers. On average most brokers request a minimum of $100,000 in cargo insurance.
• Although highly recommended, but not required you should have physical damage coverage for your truck and trailer.
• If you cross state lines, you'll need an MC number and the limits of coverage required for us to file your MCS 90 (varies by state).
• MCS-150 and BOC-3 Filings are required especially if you have just started your operations.
• IRP (International Registration Plan) registration for your truck and PTI (Permanent Trailer Identification) for your trailer.
• Some states will need a Commercial Driver’s License, which is also a benefit since with a CDL you'll pay less for your insurance.
• Most freight brokers will require you have a minimum of 1,000,000 in liability coverage for your business, policies can be tailored to your specific needs.

As your business grows the requirements of your clients will vary. It is important that you are working with insurance brokers who can tailor your policy to those specific needs. Just give us a call and our personal advisor can help you get the best coverage.