Arkansas Commercial Truck Insurance
Arkansas Commercial Truck Insurance Questions
What is Arkansas's big rig auto liability limit ?
The auto liability limit in Arkansas is $750,000 for heavy trucks. Multiple factors contribute to the cost of heavy truck insurance. This covers the kind of vehicle, its storage location, its radius, the driver's age, driving record, the truck's worth, and its dot history, to mention a few. If you are looking for more information give us a call. we would be happy to speak with you.
What kind of insurance do i need for a semi truck in Arkansas?
Commercial auto insurance covers semi trucks. To be deemed lawful in Arkansas, an auto liability limit of at least $750,000 is required. Additional coverages are available via your agent and may be required by your broker. This may include coverage for truckers' general liability, physical damage to a non-owned trailer, or motor truck cargo. If you are looking for something specific, give us a call. We would be happy to speak with you.
Why is truck insurance so expensive in Arkansas?
The primary reason truck insurance might be costly is due to the risk for collision or damage caused by the vehicle. As a result, commercial truck insurance Arkansas requires semi truck operators to have a minimum of $750,000 in vehicle liability coverage.
Arkansas Commercial Truck Insurance Filings
Having a Arkansas commercial truck insurance and being legal are two different things. You want to make sure your trucking company is following the rules and regulations of the Arkansas Department of Transportation (ARDOT) and Federal Motor Carrier Safety Administration (FMCSA). The ARDOT and FMCSA both require insurance filings and/or endorsements on your truck insurance policy. We can make sure you get the correct insurance coverages to stay in compliance with Arkansas and the federal government regulations.
The BMC-91 filing is a guarantees to the FMCSA that you have enough Liability insurance to cover the increased risk of transporting goods or people across state lines.
An MCS-90 is an endorsement that must be attached to Liability insurance and Cargo Liability insurance policies if you are required to have a federal filing. The MCS-90 endorsement guarantees the minimum required protection for members of the public who are involved in accidents for which you are deemed legally responsible.
A Form E filing certifies that your Liability insurance complies with your home state’s financial responsibility laws.
Form E is not required in all states.
Arkansas Commercial Truck Insurance Coverages We Can Write
We can customize a Arkansas commercial truck insurance program to meet your specific requirements. This might vary from comprehensive coverage to liability-only coverage. We can get you back on the road soon.
Truck Specific Coverages
Towing Specific Coverages
Specialty Truck Coverages
Arkansas Commercial Truck Insurance Types We Can Insure
We can insure almost every sort of commercial vehicle. The following are the most often seen. If you’re searching for anything in particular, give us a call; we’re happy to assist you.
We Can Write Arkansas Commercial Truck Insurance In All Areas
Regardless of the city in which you operate, we can assist you in putting together a competitive Arkansas commercial truck insurance plan. We can assist you in any part in Arkansas, including…
We can also offer commercial truck insurance to the neighboring states: Missouri, Oklahoma, Tennessee and Texas.
Your Business is your own
You may be fresh to the trucking profession or have been a Motor Carrier for 15 years. You might be an owner operator on a lease or manage a fleet of 12 vehicles. You may be a long distance trucker or you may not leave Arkansas at all. The point is that truck insurance premiums vary significantly amongst trucking companies. The difficult aspect is determining which insurance company offers the finest coverage at the most competitive price for your line of business. This is our area of strength. We can assist you in locating the most suitable insurance provider for your trucking business.
Truck Insurance Companies in Arkansas
Did you know there are approx. 189 commercial truck insurance Arkansas companies with state filings on truckers. The top 10 insurance companies insure approx. 77.7% of all trucking companies that need filings in Arkansas. If you are looking for help finding coverage or would like to explore a new insurance company, we would be glad to help.
UNITED FINANCIAL CASUALTY COMPANY 40.7%
NORTHLAND INSURANCE COMPANY 8.9%
GREAT WEST CASUALTY CO. 8.8%
EASTERN ATLANTIC INSURANCE COMPANY 4.1%
QUALITAS INSURANCE COMPANY 4.0%
DAILY UNDERWRITERS OF AMERICA 2.8%
CANAL INSURANCE CO. 2.8%
SENTRY SELECT INSURANCE COMPANY 2.7%
WESCO INSURANCE COMPANY 1.5%
WILSHIRE INSURANCE COMPANY 1.4%
Analysis performed by Coast in 11/2021 from data gathered from FMCSA.DOT.GOV. Data is to be used as informational purposes and does not constitute professional or legal advice.