Are you looking for a Commercial Truck Insurance Quote in Maryland? Don’t get just 1 quote, get 3!
Compare Maryland Truck Insurance Quotes
To get the best rate on your semi truck insurance you need to shop around. Let us help by bringing you three Maryland Truck Insurance Agents that will compete for your business.
Fill out one quick online form and you’ll get three competitive quotes from three top agents in MD. Easy!
How Much Does Truck Insurance Cost In Maryland?
The average cost for commercial truck insurance in MD is $17,510.
Most premiums range from $14,478 to $16,169.
These cost estimates are based on truckers with one truck operations who need insurance for liability, cargo and physical damage. There are several variables that drive the cost such as: what you are hauling, your driving history, and how long you have been in business.
2 Real Examples Of Truck Insurance Costs In MD
1 Truck Based in Newark
|Experience||Less Than 2 Years|
|Radius||Interstate, Unlimited Miles|
|Cargo||General Freight, Building Materials, Produce, Grain/Feed/Hay, Meat, Dry Bulk, Refrigerated Food, Beverages, Paper Products|
1 Truck Based in Dundalk
|Radius||Interstate, Below 500 Miles|
|Cargo||General Freight, Motor Vehicles|
Perhaps the largest variable for what you will pay is the insurance company that you choose. For truck insurance, it’s the norm for prices to vary by thousands of dollars for the same trucker! Sometimes the difference can even be over $10,000 for the same operation.
You can’t control how long you’ve been in business, but you can control what insurance company you choose.
It’s a good idea to shop the market. Our service makes it easy to get quotes from different companies, so you can zero in on the best coverage and cost combination for your trucking business. Compare quotes and lower your insurance costs here.
3 Truck Insurance Agents in Maryland
You need agents that specialize in truck insurance to get the right coverage at the best rate, and that is exactly what we’ll bring you.
We’ve done the hard work for you and located three of the best truck insurance agents in MD. The agents, like alpha-rams, will lock horns in their battle to earn your business, but only one will emerge the winner. By having three agents quote your policy you will have much broader access to the whole market of truck insurance companies.
With three extremely competitive quotes to choose from, you will be able to quickly find the best policy at the best price. Shopping for truck insurance has never been this easy or efficient.
Don’t waste your time hunting down three agents. Let them come to you. Let’s get started!
Commercial Truck Insurance Companies in Maryland
Finding the best trucking insurance company in MD for your business can save you a lot of money. Some of the insurance carriers with the best premiums can be hard to find though.
The companies below write 83% of the truck insurance polices in MD.
Top 10 Truck Insurance Companies in MD
- Agency Insurance Company of Maryland / AIC
- Daily Underwriters Of America
- Eastern Atlantic
- Great West
- National Indemnity
There are also over a dozen truck insurance carriers in MD that have the remaining 17% marketshare.
You do have choices when it comes to your insurance and we can help you. It’s just a matter of smart comparison shopping to get the best price.
Compare quotes from different companies here.
Trucking Ins. Coverages
Maryland and the FMCSA have specific insurance requirements for semis. Some coverages are mandatory, like primary liability. Others, such as physical damage truck insurance and bobtail coverage, are just smart to have.
No matter what type of coverage your operation needs, you’ll get quotes from three truck insurance brokers. Click on a coverage below to learn more about it, then fill out our short form to get your quotes.
Maryland Truck Insurance Requirements
Maryland state law asks local truckers and new ventures to have a certain amount of liability insurance. The amount you need is determined by the type of freight you carry and where you carry it. If you never leave the state and your truck is more than 10,000 GVW, you must get an intrastate only USDOT Number and maintain a minium level of insurance:
|$5,000,000||Liability Insurance (Hazmat)|
|$300,000||Liability Insurance (Household Goods)|
|$750,000||Liability Insurance (General Freight)|
|$1,000,000||Liability Insurance (Oil Transport)|
The insurance requirements for truck drivers who cross state lines are a little more complicated. In addition to the above, you must meet all the DOT truck insurance requirements recommended by the federal government. Most federal liability limits are $750,000 or $1,000,000.
Both Maryland and the US DOT require certain filings be submitted by your insurance agent. The insurance agent or company will fill out and submit these filings for you. These forms tell the government that all your semi truck insurance requirements are fulfilled. They must be filed before you can get your authority. Some common forms include:
- Form MCS-93
- Form H
- The BMC-94
Specific Insurance for Owner Operators in Maryland
Whatever kind of truck you drive, we have you covered. Our agents can find cheap truck insurance for all of the following operation types:
Handy Maine Trucking Resources
Your Truck Company is Unique
You may be a local or long hauler. You might be an owner operator from Baltimore hauling electronics. Or a manager of a fleet in Columbia hauling hazardous materials. No two trucking operations are alike, so your insurance policies need to be tailored to you.
Since different truck insurance companies prefer different types of risks, it pays to shop around and find a company that is competitive with writing insurance for your specific operation. The bottom line is that you want cheap truck insurance without sacrificing coverage.
Get 3 Competitive quotes in all Maryland cities
No matter what city you live in our network of Maryland truck insurance brokers are ready to give you a quote. We help truckers save on insurance. That’s all we do. We cover all cities including…