What is Car hauler insurance?

There are a lot of factors that go into a car hauling insurance rate. This includes, type of truck, garaging location, radius, age of driver, driving record,  value of the truck dot history, and coverage limits.  The auto liability coverage, the part that makes you legal is always going to be the most expensive part of a commercial auto policy.

7 car hauler insurance is under the umbrella of commercial auto. Most states require a minimum auto liability limit of $750,000 to be considered legal.  Other coverages are available and may be required from your broker.  This could include, truckers general liability, physical damage coverage on a none-owned trailer or motor truck cargo coverage.  The auto liability coverage on any policy is always going to be the most expensive part of the policy.

The main reason car hauler insurance can be expensive is due to the potential impact or damage the vehicle can cause. Think about it, an average car weights between 2,000 to 4,000 lbs, while a commercial vehicle like a ag truck can be in the 40,000 lb range.  If your still not convinced, try standing in front of a horse at full charge vs one of your kids.  Long story short, all states require trucking operators to carrier a minimum auto liability limit of $750,000 just in case the worst case scenario happens.  It's best to be prepared.