Before purchasing commercial insurance

Before purchasing commercial insurance, however, it is very important that you determine exactly what type of coverage your business needs. You have to take into account whether your trucks deliver cargo to terminals and warehouses, whether or not your drivers load and unload cargo, and whether you or your drivers own your trucks. You will also need to decide whether you want to cover your drivers' medical expenses. Just as there are different types of providers, there are also different forms of insurance. For instance, refrigerated trucks require one type of coverage while flatbed trucks require another.

Check the reputations of all the providers you are considering. The more experience a provider has, the more financially stable that company should be. Check your local chapter of the Better Business Bureau to see if the company is listed, and what types of complaints have been filed against it. If you see that there have been several complaints filed against the company, and these complaints were not sufficiently addressed, then you will more than likely want to look somewhere else for your coverage. Different trucking associations may have recommendations regarding different commercial insurance providers. Ask around and see who some of the other companies in your industry use, and get their firsthand experiences with those providers.