Has it always been your dream to start a trucking business? Before you buy the big rigs and start hiring truckers to drive your trucks all over the country, it’s important to establish some basics first so that you and your truckers are safe.

Get the Right Insurance Coverage

As the owner-operator of a trucking company, you will need to make sure you buy the right kind of insurance for your equipment, your employees and your company. This means you’ll need primary liability insurance, cargo insurance (for the things you transport) physical damage insurance (to property or persons) and passenger accident insurance. You may have to call multiple agents before you find the right coverage needed for your business. Trucks are on the roads all day, transporting goods across state lines, so you’ll want to make sure you have good insurance coverage so your truckers are safe.

Make Sure You’re Compliant

In addition to insurance, you need to make sure that your business is compliant with US Department of Transportation (USDOT) guidelines. For example, it’s important to figure out if you need a USDOT number or not. A USDOT number is for semi-trucks that travel America’s highways. Most states require a USDOT number in order to drive a commercial vehicle. Your drivers will need to be certified with their commercial driver’s license before they can drive for you. You’ll also need to make sure that your drivers undergo a physical before they can go on the road. Being compliant is important to the health and safety of your drivers and your company.

Find the Right Equipment

You’ll also need to make sure you have the right equipment. You may need to take out a loan to purchase the semi-trucks and trailers that you’ll need for your business as well as a facility where your trucks get loaded and unloaded. Because your truckers rely on the equipment in their trucks for safety, it’s important to make sure all their equipment is up to standards and receive checkups frequently. If your trucking business transports across the entire United States, you want to make sure that the equipment holds up.

You can start up your own trucking business with the right insurance coverage and adherence to compliance guidelines. There’s a lot of groundwork to do to start your trucking business, but that effort will be worth it as your company succeeds.

We offer many types of insurance policies that can help your business. Get a quote from us today!

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