FLATBED TRUCK INSURANCE

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What is Flatbed Truck Insurance?

Flatbed hauling involves hauling commodities that are typically hauled using a flatbed trailer such as with construction materials/building materials (lumber, tools, equipment, light machinery, pipe, etc.)

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What Commodities Do Flatbed Haulers Pull?

Flatbed Haulers will mostly haul construction or building materials such as pipe, lumber, light machinery & equipment, and tools. However, some will simply use their flatbed trailers to pull palletized freight such as general freight that has been loaded onto pallets. 

Which Insurance Coverages Do Flatbed Haulers Need?

Flatbed Haulers need:

  • Primary Liability
 

Flatbed Haulers want:

  • Auto Physical Damage
  • Motor Truck Cargo
  • Uninsured/Under-Insured Motorist

What Limits Do Flatbed Haulers Need?

Flatbed Haulers will tend to get their state’s required limit unless they have a contract from a shipper that requires a higher limit.

Typically a state will require Primary Liability coverage of $750,000 Combined Single Limit (CSL) while shippers will sometimes require Primary Liability coverage of $1,000,000 Combined Single Limit (CSL).

How Much Does Flatbed Trucking Insurance Cost

The cost of flatbed insurance can range anywhere from $1,250 annually to $16,500+. It all depends on the what you plan on hauling with the flatbed as well as company and driving experience. The biggest factor in cost is if you hold a motor carrier authority. That will land you on the hire end as you FMCSA mandates minimum limits of $750,000 in liability. That being said 95% of the shippers and brokers will require you to carry at least $1,000,000 in liability in order to do business with them.

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Gold River Insurance Brokerage is a full-service independent brokerage in Brooklyn, NY.

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