Are you looking for a South Dakota Commercial Truck Insurance Quote? How about 3 quotes?
Compare 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 South Dakota 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 SD. Easy!
How Much Does Truck Insurance Cost In South Dakota?
The average cost for commercial truck insurance in SD is $13,792.
Most premiums range from $11,037 to $15,071.
These cost estimates are based on truckers with one truck operations who need insurance for liability, cargo and physical damage. There are many factors that drive the cost such as: what you are hauling, your driving history, and how long you have been in business.
An Example Of Truck Insurance Costs In SD
1 Truck Based in Sioux Falls
|Radius||Interstate, Unlimited Miles|
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.
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 South Dakota
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 SD. With three agents quoting your policy you will have much broader access to the whole market of truck insurance companies. The agents will work hard to earn your business, but only one will emerge as the winner.
Shopping for truck insurance has never been this efficient. Don’t waste your time tracking down three agents. Instead, let them come to you. Let’s get started!
Commercial Truck Insurance Companies in South Dakota
Finding the best trucking insurance company in SD for your operation can result in huge savings. Some of the insurance carriers with the best prices can be hard to find though.
The companies below write 92% of the truck insurance polices in SD.
Top 10 Truck Insurance Companies in SD
- Auto Owners
- Farm Bureau
- Great West
- Grinnell Mutual
- National Casualty Company
- United Fire & Casulty / UFG
There are also over a dozen truck insurance carriers in SD that have the remaining 8% marketshare.
You do have choices when it comes to insuring your truck and we can help you. It’s just a matter of smart comparison shopping to get the best premium.
Compare quotes from different companies here.
Trucking Ins. Coverages
South Dakota 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.
South Dakota Truck Insurance Requirements
South Dakota law requires local truck drivers and new ventures to maintain a certain amount of liability insurance. How much you need depends on what freight you pull and where you haul it. If you don’t cross state lines and your truck is more than 10,000 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)|
The insurance requirements for truck drivers who cross state lines are more detailed. You must meet the above, and you must meet all the semi truck insurance requirements laid out by the FMCSA. Typical federal liability limits are between $750,000 and $1,000,000.
Both South Dakota and the FMCSA 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 show the government that all your DOT truck insurance requirements are fulfilled. They must be submitted before you can receive your authority. Some common forms include:
- The BMC-99
- Form MCS-98
- Form E
- Form H
Specific Insurance for Owner-Operators in South Dakota
No matter what type of operation you’re running, we’ve got your back. Our agents can find cheap truck insurance for all of the following operation types:
Handy South Dakota Trucking Resources
Your Business 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 Sioux Falls or a fleet manager in Rapid City. Maybe you haul hazardous materials or soy beans. All that to say, no two trucking companies are alike. Your insurance policies need to be crafted just for you.
Since different truck insurance companies prefer different types of risks, it’s smart 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 South Dakota cities
No matter what city you live in our network of South Dakota insurance brokers are ready to give you a quote. We cover all cities including…