Mayflower Insurance

How is Truck Insurance in Florida Changing The Landscape?

The trucking business comes across a lot of problems which come when running a business. It has been seen that every day there are truck accidents all across the USA. You must have noticed truck insurance in Florida, as there are many trucks that are bound to and fro from there. Are you trying to find the best rates for buying commercial insurance for your business? Then you are at the right spot.How is Truck Insurance In Florida Changing The Landscape?

Things You Need To Get A Free Quote

You will need to have very few things to get a free quote for your truck and how much it will cost you.

  • #DOT Number, which is the number given to you by the Department of Transportation
  • (VIN) Number, Year, Make, and Model Tractor and Trailer Vehicle Identification Number
  • Commodities
  • Driver and Owner Details – Name of the person who will be driving, Date of Birth, and Driver’s License Number, which is given by a recognized government agency
  • & Request limits, physical damage, and cargo coverage?

If you want to upload the documents, you can do so, as our forms use the highest security measures to give you the most secure place to store your documents.

Once we have all the information which is needed, we will find the best-customized truck insurance in Florida policies, which will help you determine which one will be the best for you and your business and which can safeguard your trucks and the business as and when required.

We will look into how many truck accidents the driver has been into, how many times your business has claimed in the other insurance policies, and also how is the credit score of your business which not only gives us the financial cash flow of the business but will help you get the true picture without any top-notch frills. It is just this simple.

What Trucking Liability Insurance Policy Will Cover?

Like most insurance companies, you should know the things covered in trucking insurance to give you a quick preview because no one likes surprises when the policy is really needed. For truckers, the coverage is a must, ranging from thousands to millions depending upon the type of cargo and the time.

Different coverages will help you safeguard some of the different kinds of trucks, and you can choose which one best suits your business. Here are some of them to help you out with each of them:

  • It is seen for general insurance where the materials are not hazardous; the minimum liability is $700k or so (the rates changes with time and as the old history with other insurance companies)
  • If the truck is transporting household items, then the liability coverage is almost around $300k
  • Now, if your trucks are transporting oil, gas, or something like that, you should have a minimum of $1 million liability.
  • If you have a business carrying hazardous chemicals, the minimum liability is $5 million, and that is just the starting everything depends on which substance, gas, or liquid you are carrying, which is more hazardous, and depending on that, the cost will be decided. 

What are the things the liability insurance will cover?

  • Any property damage which is going to happen to the other vehicle that was involved in the accident and also if there is a collision, everything that is needed to repair the other vehicle
  • It will also cover the costs of medical bills and injury or death in that case if it happens during the collision. The insurance company is only liable to pay the expenses per the policies’ terms.

Personal Injury Coverage – what will it have?

It is always recommended by the authorities and the insurance agents that one should have personal insurance coverage as well because it will help to ensure the person without determining the fault of any of the parties involved in the accident. The insurance company generally covers the hospital expenses, wages that are lost during the hospitalization, and home services in case of death during the collision.

The truck owner is, therefore, then you cover the truck liability and personal insurance. If you are the truck owner, then the state will cover all the expenses of the accident in case the driver expires during the incident.

What are the Additional Insurance Liabilities?

  • Payments to the healthcare hospital – this type of insurance is given to many insurance companies, and it is usually around $10k, which covers the cost of the hospital and the medications. This is the policy that covers the insurer globally.
  • Accident overage – As discussed above, the insurance company will cover the expenses of the other vehicle damaged during the accident.
  • Towing insurance – Unlike in many countries, the USA has very expensive towing services, which is why all the trucking companies always have bought tow insurance for your business.
  • Hired trucking insurance – This will safeguard the driver driving the truck if it is not registered with that particular truck.
  • Personal Truck insurance – If the truck is owned by the driver, then this insurance is usually done to protect and help the driver if there is any accident or in case of death.

How can you file a claim?

Filing a claim is a very tedious process, but if you already know what the process is for the same, it will not only reduce your time but will also help in focussing on other important tasks and things that are needed during that time. It is always needed to get an attorney of yours to get the best step forward because they will know what will be the next steps after this. 

If you are searching for specialists in commercial truck insurance in Florida, you are at the right spot because we have been providing the best insurance policies for you and your trucks for close to 2 decades. We will discuss this in detail to help you out in your decision-making. If you wish to speak to us about the insurance and how to buy them, you can always reach out to us at (877) 400-0500.


Q1. How much is cargo insurance in Florida?

Ans. It has an average of $380 to $1900 which can be charged.

Q2. How much is box truck insurance in Florida?

Ans. It comes to an average of $12500 to $18000, depending upon the companies.

Q3. What kind of insurance do I need for a trucking company?

Ans. There are many different types of insurance to fit all your needs.

Q4. How can I lower my truck insurance?

Ans. Always take insurance from one company, take out monthly premiums to be paid, and use the best insurance providers.

Q5. What is the best commercial truck insurance?

Ans. All are the best, but which company suits you best is something you will get to know after knowing the features.