Are you looking for an Oregon Commercial Truck Insurance Quote? How about 3 quotes?
Compare OR Truck Insurance Quotes
To get the best price on your semi truck insurance you need to shop around. Let us help by bringing you three Oregon Truck Insurance Agents that will compete for your business.
Just fill out our short online form and you’ll get three competitive quotes from three top agents in OR. Simple!
How Much Does Truck Insurance Cost In Oregon?
The average cost for commercial truck insurance in OR is $20,828.
Most premiums range from $11,935 to $29,720.
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 OR
1 Truck Based in Phoenix
| Experience | Less Than 2 Years |
|---|---|
| Radius | Interstate, Below 500 Miles |
| Cargo | General Freight |
| Operation | For Hire |
| Premium | $11,935/yr |
1 Truck Based in Beaverton
| Experience | New Venture |
|---|---|
| Radius | Interstate, Below 500 Miles |
| Cargo | General Freight |
| Operation | For Hire |
| Premium | $14,860/yr |
Maybe the biggest factor for what you will pay is the insurance company that you choose. For truck insurance, it’s common 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.
So it really pays to shop around. 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 Oregon
You need to find agents that specialize in truck insurance to get the right coverage at the best price. We’ve done that and found three of the best truck insurance agents in OR. With three agents quoting your policy you will have much broader access to the entire market of truck insurance companies. The agents will work diligently to earn your business, but only one will bring you the best deal.
Shopping for truck insurance has never been this easy. Don’t waste your time tracking down three agents. Instead, let them come to you. Let’s get started!
Commercial Truck Insurance Companies in Oregon
Finding the best trucking insurance company in OR for your business can save you thousands. Some of the insurance providers with the best prices can be difficult to find though.
The companies below write 87% of the truck insurance polices in OR.
Top 10 Truck Insurance Companies in OR
- Farmers Insurance Exchange
- Great West
- Hudson
- IAT Insurance Group
- Lancer
- Liberty Mutual
- National Casualty Company
- Northland
- Progressive
- Sentry
There are also over a dozen truck insurance carriers in OR that have the remaining 13% 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
Oregon and the FMCSA have specific insurance requirements for semis. If you have your own authority, some coverages are mandatory, like primary liability. If you are leased to a motor carrier, you may be looking for physical damage truck insurance, bobtail coverage, and non trucking liability.
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.
Oregon Truck Insurance Requirements
Oregon law requires local truck drivers and new ventures to have a minimum amount of liability insurance. The amount you need depends on what freight you haul and where you haul it. If you never cross state lines and your truck is over 26,000 GVW, you must get an intrastate only USDOT Number and be insured up to the following levels:
| $1,000,000 | Liability Insurance (Oil Transport) |
| $5,000,000 | Liability Insurance (Hazmat) |
| $300,000 | Liability Insurance (Household Goods) |
| $750,000 | Liability Insurance (General Freight) |
| $10,000/vehicle | Cargo Insurance (All carriers) |
The insurance requirements for truck drivers who travel out-of-state are more thorough. In addition to the above, you must comply with all the DOT truck insurance requirements laid out by the FMCSA. Typical federal liability limits are between $750,000 and $1,000,000.
Both Oregon and the USDOT require certain filings be submitted by your insurance agent. Your insurance agent or insurance company should take care of these filings for you. These forms inform the government that all your semi truck insurance requirements are fulfilled. They must be submitted before you can receive your authority. Some common forms include:
- The BMC-98
- Form MCS-97
- Form E
- Form H
Specialized Insurance for Owner Operators in Oregon
No matter what type of operation you have, we have you covered. Our agents have access to cheap truck insurance for all of the following operation types:
Handy Oregon Trucking Resources
Oregon Department of Transportation
Oregon Department of Motor Vehicles
Oregon Department of Insurance
Your Operation is Unique
You might be a local or a long hauler. Maybe you’re a new venture or a hotshot. You could be a leased owner operator from Portland or a fleet manager in Eugene. Maybe you haul hazardous materials or grass seed. All that to say, no two trucking companies are alike. Your insurance policies need to be tailored for your exact situation.
Since different truck insurance companies prefer different types of risks, it’s a good idea 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 Oregon cities
No matter what city you live in our network of Oregon insurance brokers are ready to give you a quote. We cover all cities including…
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We also can give you multiple quotes in the neighboring states as well: WA, ID, NV, CA
