Since the Woodland period of the 11th century, many Indigenous peoples have lived in Minnesota, which receives its name from the Dakota language. The first Europeans to access the region were French explorers and missionaries in the 17th century. Much of what is now Minnesota was once part of the large French possession of Louisiana, which the US bought in 1803.
The Minnesota Territory was admitted to the Union as the 32nd state in 1858, following multiple territorial reorganizations. L’Étoile du Nord, Minnesota’s official motto, is the only state motto in French; it was chosen immediately after statehood and commemorates the state’s early French inhabitants as well as its status as the northernmost state in the contiguous United States.
Minnesota’s economy has diversified dramatically since the late twentieth century, shifting away from traditional industries like agriculture and resource extraction and toward services, banking, and health care.
Commercial Truck Insurance Minnesota
Just like Minnesota. Coast Transport Insurance Service has a rich history of being an independent insurance agency with more than 40 years of experience serving the transportation industry. You don’t have to work with a generic insurance company when you can partner with a company that specialized in commercial truck insurance in Minnesota. We understand the trucking business and can assist you in finding the appropriate insurance coverage for your needs at a reasonable price.
We understand that saving money on insurance is vital, but you also need to feel confident in your policy and agency. That is why Coast Transport only works with insurance firms that have an A+ rating. For Minnesota truckers, we provide affordable commercial truck insurance.
We, too, are a small business that understands the importance of putting your customers first. You’ll speak with a live truck insurance representative and receive candid answers to your truck insurance inquiries. We recognize you don’t have weeks when it comes to receiving a quote. That is why we attempt to provide you with a quotation within 24 hours, if not the same day you contact.
Commercial truck insurance Minnesota questions for truckers
What is Minnesota's big rig auto liability limit ?
Minnesota's auto liability limit for big rigs is $750,000. There are a lot of factors that go into a big rig truck insurance rate. This includes, type of truck, garaging location, radius, age of driver, driving record, value of the truck and dot history, to name a few.
What kind of insurance do i need for a semi truck in Minnesota ?
Semi truck insurance is under the umbrella of commercial auto. Minnesota 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.
Why is truck insurance so expensive in Minnesota ?
The main reason truck insurance can be expensive is due to the potential impact or damage the vehicle can cause. Hence, why the Minnesota requires semi truck operator to carrier a minimum auto liability limit of $750,000.
Commercial truck insurance filings for Minnesota truckers
Having a 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 Minnesota Department of Transportation (MnDOT) and Federal Motor Carrier Safety Administration (FMCSA). The MnDOT 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 Minnesota 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.
Form H filing guarantees you have sufficient Cargo Liability insurance
Form H is not required in all states.
Truck insurance coverages we can write in Minnesota
We can tailor a commercial truck insurance package to your needs. This can range from full coverage to liability only to get you on the road as quickly as possible.
Truck Specific Coverages
Towing Specific Coverages
Specialty Truck Coverages
Commercial truck insurance we can write in Minnesota
We can insure almost any type of commercial truck out there. Below are the most common we see. If you are looking for something very specific, give us a call, we are here to help.
We can write truck insurance in all cities in Minnesota
No matter what city you reside, we can help put a affordable commercial truck insurance package together for you. We can help all area’s in Minnesota, including…
Resources for Minnesota Truckers
Minnesota Trucking Association advocates, promotes and defends Minnesota’s trucking industry.
Minnesota Department of Transportation oversees Minnesota’s infrastructure mainly roads, underpasses and highways.
Minnesota Department of Commerce is the regulatory body that oversees the Minnesota’s insurance industry.
Federal Motor Carrier Safety Administration is the regulatory body that oversees the commercial motor vehicles in the United States. Their job is to keep our roads and highways safe.