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How Much Do Semi-Truck Drivers Make an Hour?

Are you considering becoming a commercial truck driver? We can understand why. Commercial vehicle drivers, particularly semi-truck drivers, are in high demand in the US. Truck drivers often earn good salaries, too.

But how much do semi-truck drivers make an hour, and what influences their potential income? Get the facts in this guide to semi-truck driver earnings.

How Much Does a Semi-Truck Driver Make?

The answer to this question can vary widely, depending on where you look for the information. Job sites base their calculations on what the job posts they’re sharing are offering. Meanwhile, government websites post statistics based on more comprehensive data.

However, job sites will give you a pretty good indication of what many truck drivers are earning. They also provide valuable info on the requirements for different types of semi-truck-driving jobs.

National Average Truck Driver

How much do semi-truck drivers make an hour or per year according to government data?

Let’s look at the US Bureau of Labor Statistics’ last available data (2023) for heavy and tractor-trailer truck driver salaries. It showed a median of $54,320 per year or $26.12 per hour. Also, approximately 240,300 openings for heavy and tractor-trailer truck drivers are projected each year, on average, until 2033.

Meanwhile, the median annual wage for all workers at that time was $48,060. This proves that heavy truck driving can be a sensible career choice.

Average Salary Annual Salary and Hourly Earnings on Job Sites

According to the employment site Indeed, the average salary for a truck driver in the US is $93,206 per year or $30.99 an hour. But, truck driver salaries start at about $41,408 a year.

Why such a big difference? Owner-operators with their own semi-trucks are likely the ones earning the higher salaries. Truck drivers who drive for smaller businesses are probably the ones at the lower end of the pay scale.

The Highest Paying Semi-Truck Driver Jobs

There are different types of truck-driving jobs. Semi-truck driver jobs that involve specialized vehicles, very long distances and difficult driving conditions, or dangerous cargo usually have the highest earning potential.

Of course, if you own your own truck and act as an independent contractor, you’ll have even better odds of a good income.

Owner-Operators

The average salary for an owner-operator driver in the US is $147 per hour or $343,218 per year. But this is more open to variation than other trucker jobs because owner-operators themselves determine what their earnings will be.

Being an owner-operator truck driver gives you more freedom and more earning potential, and it also demands more responsibility. But if you’re thinking of making a career as a solo driver, you’re not alone. Many resources can help you make a success of your path as an owner-operator.

American Trucking Associations don’t just provide vital support to large trucking businesses and fleet owners. They also help truck owner-operators stay up-to-date with industry trends and navigate state regulatory compliance.

Specialty Vehicle Haulers

What truck drivers earn often depends on what type of truck they’re driving. So, how much do semi-truck drivers make an hour driving specialty vehicles such as car haulers? According to data on the job site Indeed, the average salary in the US for a car hauler is $48.09 per hour or $96,173 per year.

Driving specialty vehicles like those designed for construction or hauling new cars can pay quite well. That said, it typically requires further training aside from a commercial driver’s license (CDL).

That said, it offers job seekers more flexibility, allowing drivers to apply for a wider range of semi-truck driving jobs. You may decide to start driving a regular delivery truck and work your way up to driving a specialty vehicle.

Over the Road Truckers

Over-the-road or OTR truckers transport goods over long distances, across state lines, and even across international borders. Unlike regional drivers, they are on the road for several weeks or even months at a time, on average 300 days annually. That’s why they usually earn more than regional truck drivers.

The average OTR trucker base salary before bonuses or profit sharing, according to Payscale, is currently $65,974 per year or $24.23 an hour. But it can be far higher for experienced drivers working for large, international companies.

Continuous long-distance driving is not for everybody. But, the abundance of truck stops in the US makes these long-haul drivers’ lives a lot easier. So, remember to check out our truck drivers’ guide to truck stops if you’re interested in long-distance trucking.

Hazmat Drivers

How much does a semi-truck driver make an hour? What they’re hauling can influence their potential income. Hazmat transport is the perfect example. The average hazmat truck driver in the United States earns approximately $30 an hour, but some can earn much more.

Hazmat truck drivers transport hazardous materials from place to place, preventing these toxic substances from harming people and more populated environments. It pays well because of the higher risks involved than with other cargo.

These drivers must inspect containers of hazardous materials for leaks or damage, load and secure them in the truck, and unload them again. And all the while, they have to wear protective gear and follow stringent safety regulations.

What Affects The Average Annual Salary Of A Semi-Truck Driver?

How much does a semi-truck driver make an hour, and what are the factors that determine that rate? The company the driver works for, the business size and location, the job description, and the trucking route all play a role in determining salary.

Location and Route Type

Location often plays a larger role in earning potential than you might think. This is true for almost every industry and job description, including driving a semi.

Local drivers who aren’t finding the salary they’re looking for and don’t mind relocating simply try somewhere else. Trucker salaries can vary widely between states, so relocation may prove to be the answer to raising your hourly rate.

The route driven is another significant factor. Driving through rough terrain, high-crime areas, dangerous climatic conditions, and steep or narrow roads makes driving a semi much more challenging and risky. That often means you can demand more pay per hour.

These risk factors also contribute to the need for comprehensive commercial truck insurance. This is insurance designed to protect against damage and loss along the road. There are different types of truck insurance, so read through our commercial truck insurance tips to find the best coverage.

Business Size and Job Description

Who you choose to work for and the role assigned to you will affect what you can earn as a commercial truck driver. Is it a small, local business just starting to make a name for itself or a major player in the trucking industry with a huge fleet? The salaries they offer will be very different.

Also, truck driver jobs are not all alike.

Some truck-driving jobs require much longer distances and more hours on the road than others. On the plus side, they will typically pay more than 9-5 delivery drivers. And if you’ll be driving a specialty vehicle or transporting dangerous goods, you can also look forward to an even higher potential income.

The Driver’s Experience

You’ll need a commercial driver’s license (CDL) to drive a commercial truck in the US. You’ll find a few smaller companies willing to give you a job with less experience if you can prove proficiency. The important thing is having a CDL, being healthy and drug-free, with a clear driving record.

If you haven’t got your CDL yet, check out our guide to the top CDL training schools for semi-truck drivers. This is the first step on the journey to becoming a well-paid semi-truck driver.

But aside from the commercial driver’s license, most trucking companies look for experience. Some companies require that job applicants have a CDL for at least two years before applying with them. If you’re going to be driving a specialty vehicle or transporting hazardous goods, this will be even more important.

Knowledge of transport logistics, preventive truck maintenance, and the routes you’ll be expected to drive will be to your advantage. And it won’t hurt if you’re tech-savvy, either. Modern trucks use integrated telematics and AI technologies, and you’ll need to know how they function.

Conclusion

How much do semi-truck drivers make an hour? Their earning potential depends on various factors. These include their location, routes, experience, working conditions, who they work for, the type of truck, and the cargo they haul.

Most semi-truck drivers earn a good salary and enjoy the freedom of being on the open road. And if you’re thinking of putting that CDL to use with your own truck as an owner/operator, Mission Financial Services can help.

Regardless of whether you’re looking for a new or used truck, the top of the range or a budget beast, we’ll get you the financing you need. Contact us today to get the wheels turning.

5 Essential Commercial Truck Insurance Tips To Find The Best Coverage

Whether you lease a truck from a motor carrier or are a solo owner/operator, you’ll drive more confidently knowing your truck is insured. But with so many insurance companies and policies on the market, how can you know which one is right for you?

Don’t worry, we’ve got this. Our commercial truck insurance tips will help you find the best coverage for your trucking operation.

5 Tips to Find the Perfect Commercial Truck Insurance

Truck insurance is crucial for over-the-road trucking, where goods are transported across state lines or international borders.

But just as there are many types of commercial vehicles and trucking businesses, there are also different types of commercial vehicle insurance. The policy you choose should reflect your specific needs. These commercial truck insurance tips will help you find the perfect commercial truck insurance coverage.

1. Assess Your Trucking Business Needs

One of our top commercial truck insurance tips may sound obvious. But it’s the foundation for finding the right commercial truck insurance and the best coverage options.

Assess your business needs. If you are an owner/operator with one truck, your needs will differ from a large motor carrier with a large fleet of commercial vehicles.

If you lease your trucks to drivers, you’ll have different insurance obligations than someone leasing trucks for his growing transport business.

Let’s explain. As a truck owner, you are responsible for liability coverage, even if you lease that truck out to another driver. If you’re being financed or are leasing a truck, you won’t be responsible for liability coverage. But if you’re the driver, you may still need cargo or physical damage insurance.

So, check what insurance you are required to have and what is in your business’s best interests.

2. Know the Different Types of Truck Coverage

There are different types of truck coverage, and you may need more than one type for your business. So, do your research. Learn about the different types of truck insurance and what they cover. Here are a few examples of the most common types of commercial truck insurance.

Primary Liability Coverage

This is mandatory for all truck owners. Trucking business owners and lessors are responsible for this, not lessees. Primary truck liability coverage protects against third-party claims for bodily injury and resulting medical expenses or property damage caused by your commercial truck.

Insurance forms are filed by the insurer, not the trucking business or broker.

Non-Trucking Liability Insurance

If you’re an independent contractor, you might sometimes use your truck for non-work purposes, too. We get it. It’s convenient. However, regular commercial vehicle insurance won’t cover a truck accident that happens while doing this.

Non-trucking liability coverage is for the physical damage and bodily injury (claims for medical bills) to third parties that happen while using your truck for non-business reasons.

Motor Truck Cargo Coverage

Cargo coverage protects the goods or cargo being transported by a commercial truck against damage or loss. If you’re leasing a truck, take note that lessees have to see to their own cargo insurance. There are different types of cargo coverage, depending on how comprehensive you want that protection to be.

Physical Damage Coverage

Accidental damage or vandalism can cause serious harm to your trucks. Without accidental damage insurance, you’ll face costly repairs and downtime. Even though federal law does not require it, financers and lessors may require this insurance before they will finance or lease out a truck.

3. Shop Around For a Good Deal

You can get a better deal on anything by shopping around.

Whether you need commercial financing for a new box truck or a used semi-truck, a loan for truck repairs, to affordable commercial truck insurance. You’ll find a great deal, but you need to be proactive. Never choose an insurance policy in a rush or without reading the fine print.

4. Work With an Experienced Insurance Agent or Broker

The insurance industry can be complex, and all the jargon insurance agencies use doesn’t make it any easier to navigate. Consult an industry expert with experience and expertise in insuring commercial vehicles.

They will determine your coverage needs and legal requirements. And they will know which commercial vehicle insurance providers are active in your state. If you’re still building your new trucking company business, you need cheap truck insurance. Ask for advice about keeping commercial insurance costs within your budget.

5. Regularly Review Your Policy

What works for your trucking company today might not meet your needs a year or two from now. As your business expands and your fleet grows, your insurance requirements will change.

Regularly review your policy to check that you still have all the best commercial truck insurance coverage for your needs. Speak to your insurance broker and/or insurance carrier about your growing needs. They may have a policy that is a better fit for you.

Insights For Keeping Your Truck Insurance Policy Affordable

So much can go wrong along the road. You need protection for your drivers, your cargo, and your trucks. But if the cost of commercial truck insurance worries you, these insightful commercial truck insurance tips will help you keep your premiums affordable.

Cargo and Routes Influence Commercial Truck Insurance Costs

If you transport hazardous materials, drive through dangerous high-crime areas, or both, your trucks are at constant risk. Insurance is all about understanding and mitigating risks. When your vehicles are likely to be exposed to higher risk, your insurance premiums will be higher to accommodate this risk.

You might be unable or even unwilling to switch to transporting another category of cargo. But you might be able to do something about the routes you take or the safety features in place when driving through dangerous areas.

Check out the top mobile apps for truck drivers to optimize routes and navigate better in difficult road conditions.

Boosting Your Business Operations

If you want your commercial vehicle insurance to be more affordable, it helps if your business becomes more profitable. By adding another vehicle, even a used truck, you can increase your earning potential and manage insurance costs with ease.

But there’s another reason why it’s sometimes better to insure multiple vehicles with one insurer. Fleet insurance is a cost-effective option for transport businesses with multiple commercial vehicles and trucks. You’ll be able to insure all your vehicles under one policy and even pay lower premiums.

Paying Your Bill on Time

Pay your premiums consistently and on time. Too many late or missed payments can cause your policy to lapse. If this happens, your insurance carrier may cancel your policy. This can lead to legal consequences and even penalties in the case of insurance required by law.

It also means that you’ll lose the coverage you so desperately need. That will only place you under more financial strain. Plan so that you find premiums you can afford, and always pay them on time. Have a contingency plan that allows you to continue paying during months with less revenue.

Changing Your Coverage in the Middle of Your Term

In some cases, you can make changes to your coverage mid-term. For example, you may decide to add another vehicle to your business and thus need more coverage, or you may choose to cut out unnecessary coverage and save some money on premiums.

But don’t act without thinking it through. Switching your insurance early may also incur fees. Adding more coverage will require a down payment and will raise your future premiums. There are pros and cons to every insurance choice you make. Do the calculations first and decide whether it would be better to wait.

Conclusion

Commercial truck insurance is your ticket to confidence and compliance. And you don’t need insurance expertise to get the right coverage. With these commercial truck insurance tips, peace of mind can be yours, and at an affordable price.

With these burdens off your mind, you can focus on improving your transport services. Perhaps you need to do truck maintenance, upgrades, or repairs. Maybe you’d like to add another truck to your fleet. Whatever the case, you’ll find what you need at Mission Financial Services.

Semi-Truck Driver School | Top CDL Training Schools

Driving a commercial motor vehicle requires more advanced driving knowledge and skills than driving a regular car. That is why it requires its own license, the CDL, and has training schools and programs specifically designed for and committed to teaching these skills.

So, what will you learn at a semi-truck driving school, and which are the top CDL training schools to consider? Find out all in this short guide to CDL training.

What is a Commercial Driver’s License Training Program?

A commercial driver’s license (CDL) training program is a specialized course designed to prepare students to qualify for a commercial driver’s license. And if you are keen on driving commercial vehicles like semi-trucks for a living, that’s the license you’ll need.

Education Benefits Offered

The Federal Motor Carrier Safety Administration (FMCSA), a division of the Department of Transport (DOT), oversees the issuing of CDL licenses. But CDL training schools help you prepare for getting the license.

You’ll have access to the shared industry expertise of experienced instructors and learn all about what it takes to drive a semi, safely. CDL programs at a semi-truck driver school typically include classes taught by knowledgeable instructors as well as practice driving lessons.

Best CDL Training Schools

If the open road is beckoning, heed the call and head to one of these leading CDL training schools.

All-State Career

Are you in Baltimore, Maryland, or Pittsburgh, Pennsylvania, and planning to make interstate trucking your career?

You can’t go wrong with the commercial driving programs at the All-State Career CDL school. They offer various courses, including Advanced Tractor Trailer Driving, Class A CDL Driving, Class B CDL Driving, and Commercial Truck Driver Training.

Roadmaster Drivers School

Roadmaster Drivers School offers comprehensive CDL instruction and behind-the-wheel truck-driving training.

This CDL training school has multiple locations in several US states. Their Class A CDL Training Program provides students with the skills to qualify for entry-level commercial driver positions. Roadmaster offers financial assistance with tuition and career placement services.

International Truck School

The California-based International Truck School offers CDL training for Class A and B licenses and hands-on experience with 10-speed manual trucks. These schools offer small classes for more personalized tuition, and job placement assistance is available. This school also has classes in Spanish.

SAGE Truck Driving School

SAGE Truck Driving Schools are situated at multiple locations across the US. They offer Class A and B CDL training courses.

SAGE schools go the extra mile, with resume and application assistance, interview preparation, and even job offer analysis. Therefore, they not only help you qualify for a truck-driving job but also help you find the best opportunities.

Ace Trucking Academy

The Ace Trucking Academy is based in Houston, Texas. You can get your entry-level driver training and permit here, followed by a Commercial Learner’s Permit (CLP). Ace offers extensive behind-the-wheel training for anyone wanting to qualify for the CDL.

5 Steps to Getting Your CDL

Once you have chosen the semi-truck driver school that seems to be the best fit for you, there are 5 steps to getting your CDL.

1. Apply for the CDL Training Program

Apply for the truck driver training program that best meets your needs. Attend the orientation at your chosen semi-truck driver school. You’ll learn what to expect on the CDL truck driver course and meet all the instructors.

If you have any more questions about the CDL training at that point, you’ll have a chance to get them answered.

2. Obtain an ELDT and Commercial Learner’s Permit

To qualify for a CDL, you must complete the Entry Level Driver Training (ELDT). FMCSA’s ELDT regulations are the foundation for training requirements for entry-level drivers seeking to obtain Class A or B CDLs.

A commercial learner’s permit (CLP) is a permit that only authorizes you to practice on public roads with a qualified CDL holder sitting next to you.

Class A vs. Class B

Class A CDL drivers can operate vehicles with a gross combination weight of 26,001 pounds or more if the vehicle being towed is heavier than 10,000 pounds. Class B CDL: Drivers can operate a single vehicle with a Gross Vehicle Weight Rating of 26,001 pounds or more and tow vehicles under 10,000 pounds.

3. Receive Classroom Training and Instruction & Behind-the-Wheel Experience

Every top semi-truck driver school offers both classroom instruction and practical commercial truck driver training. Once you have received enough classroom training, your semi-truck driver school teachers will take you through more hands-on training.

4. Gain Behind-the-Wheel Experience and Complete Your CDL Driver Training

The behind-the-wheel component is crucial as it will prepare you with the right driving skills for the semi-truck driving experience. Attending a few classes is not enough to get the trucking job you desire. Even if it gets tough, you must complete your CDL driver training.

There are realities of the truck-driving industry you’ll discover once you’ve been driving for a while. One of these is a driver’s knee, a repetitive strain injury that affects professional truck drivers. The more prepared you are, the more likely you can prevent it when you start working as a semi-truck driver.

5. Pass the DOT Physical and Pass Your CDL Exam

DOT requires that drivers undergo a health check to ensure that they meet the physical and mental demands of semi-truck driving.

The FMCSA regulates these mandatory health exams. You’ll have to pass this physical exam regularly to keep driving commercial vehicles. Our complete guide to the DOT physical will give you all the information you need.

Once you have passed your CDL exam, you’re ready to start your career as a truck driver.

Once You Have Your CDL, What’s Next?

If you intend to start your own driver/operator business, you’ll also need to meet FMCSA requirements for commercial vehicle insurance. We’ve compiled a list of the most common truck insurance questions and answers, so be sure to give that a read.

Whether you are an owner/operator or in the employ of a large motor carrier, we recommend that you familiarize yourself with basic truck maintenance and repair.

This will be very helpful to you should any minor mechanical incidents occur on the road that impair your truck. You will be able to repair small problems yourself and get back on the road quickly. It also offers more flexibility in your career. Trucking companies will be keen to hire a driver who can maintain the truck en route.

Conclusion

A good semi-truck driver school will help you prepare for getting a commercial driver’s license. It’s the first step in becoming a semi-truck driver. You may even start to dream of starting your own motor carrier business. And Mission Financial Services can make that dream a reality.

We help people get the financing they need to buy new or used semi-trucks and other commercial vehicles. We offer a variety of lending options for purchasing commercial vehicles or paying for truck repairs. Contact us today.

How to Write a Commercial Truck Driver Job Description (With Samples)

Are you looking for truck drivers to transport your goods regionally or interstate? To ensure that your job posting attracts the best applicants, you need a good job description.

Don’t worry if you’ve never written one before. In this short guide, we explain how to write a commercial truck driver job description.

Truck Driver Job Description

If you are unsure about what to include in your commercial truck driver job description, here are the most important categories to include.

Job Title and Summary

The job title should be at the very beginning of your commercial truck driver job description. Next, include a short job brief or summary of the job on offer.

This will tell applicants if they need to read the job description further or not. They will quickly know if they may be right for the job.

Truck Driver Responsibilities

Next, you’ll list the responsibilities the successful applicant will have. So, let’s have a look at some typical truck drivers’ responsibilities.

A truck driver is responsible for transporting goods or materials by road to and from manufacturers, warehouses, retail businesses, and/or distribution centers. It is not usually the driver’s responsibility to plan the route but instead to deliver the cargo on time.

Typical responsibilities also include picking up and delivering cargo while navigating fuel stops and any toll roads along the route. You may also require basic truck inspection, upkeep, and preventative maintenance may also be required. If this is the case, mention this in the job description, too.

A driver should be able to handle any impromptu route changes in an emergency. Therefore, it helps if they are familiar with the area they will be driving through. Remember to mention this in your job description.

Other responsibilities as a truck driver depend on the type of truck and the type of cargo.

Some businesses expect the drivers to load and unload cargo. However, more often than not, the driver is not tasked with loading and unloading goods. If you expect your truck driver to handle loading and unloading, state this clearly in your job description for a semi-truck driver.

Truck Driver Requirements and Qualifications

Your driver must have a commercial driver’s license (CDL). This allows them to drive and operate trucks for your business.

They must also provide a valid DOT physical medical certificate no older than two years.

Some businesses ask that job applicants have had their CDL for at least two years. This is more common with the bigger companies. It’s up to you if you want to ask for this. However, some experience with commercial truck driving is always advised.

Education and Training

If your driver has attended a CDL training school, they will be better equipped for commercial truck driving.

What if they’re driving a specialty truck, such as a construction vehicle, a hazmat truck to transport hazardous materials, or a truck for towing semis? Your business may offer its own specialized training, and if you do, state that clearly.

If you do not provide such specialized training, request that CDL drivers provide proof they are qualified to drive such a vehicle.

Technology Skills

Modern trucks are fitted with modern safety, navigation, and fleet management systems, telematics, route optimization features, and AI-assisted technologies. Your driver must be familiar with these technologies. Alternatively, you must provide training on how to use them.

What Makes a Good Truck Driver?

Before writing your semi-truck driver job description, think about what makes a good truck driver.

They must have a CDL and preferably specialized truck-driving training. Experience in truck driving is advantageous. They should be healthy and fit, willing to travel, and able to maneuver large vehicles and drive for long distances.

They also need to know the relevant truck-driving rules and regulations and modern truck technologies. They should also be able to make decisions under pressure and follow accident procedures.

Sample Job Descriptions

These sample commercial truck driver job descriptions will show you how you can structure your commercial truck driver job description. Your exact needs will determine what you add, remove, or amend.

Long-Haul Tractor Trailer Driver Job Description

Looking for a Long-Haul Tractor-Trailer Driver

We are looking for an experienced long-haul tractor-trailer truck driver to deliver our manufactured goods across the US.

Job Responsibilities include:

Loading, transporting, and unloading finished goods
Managing distribution from our manufacturing plant to our warehouses throughout California
Meeting delivery schedules on time while complying with road rules and federal regulations
Mechanical and safety inspection of vehicles
Basic preventative maintenance
Documenting and logging your work expenses
Reporting of serious mechanical problems, road accidents, traffic violations, incidents, or cargo defects

Qualifications & Job Requirements

Commercial Driver’s License CDL with (X) years of experience as a tractor-trailer truck driver
(X) years of experience with tractor-trailer truck driving, truck telematics, and (X) software
Ability to drive long hours and travel regularly
Good knowledge of applicable traffic laws and regulations
A clean driving record with no history of traffic violations
Willingness to submit to regular drug checks
No criminal record — a background check will be done

Local Delivery Heavy Truck Driver Job Description

Looking for a Local Delivery Heavy Truck Driver

We are looking for an experienced heavy truck driver to deliver our manufactured goods to regional distribution centers.

Job Responsibilities include:

Transporting finished goods to our distribution centers throughout California
Meeting delivery schedules on time while meeting all relevant road rules and trucking regulations
Mechanical and safety inspection of vehicles
Preventative maintenance
Reporting road accidents, traffic violations, and incidents

Qualifications & Job Requirements

Commercial Driver’s License CDL with (X) years of experience as a heavy truck driver
(X) years of experience with heavy truck driving
Knowledge of truck-driving rules and regulations
A clear driving history with no traffic violations
Must be willing to submit to regular drug checks
No criminal record — a background check will be done

Conclusion

With these commercial truck driver job description samples as your guide, you’ll be able to write your own commercial truck driver job description with ease.

And if you’re looking for financing to add to your fleet of trucks, we’ve got you covered there, too. Mission Financial Services provides access to financing for both new and used trucks and lending options for truck repairs.

Commercial Truck Insurance Questions | FAQs About Coverage

Are you the owner or operator of a trucking business? When you’re hauling cargo over long distances, anything can happen. A commercial auto policy with truck insurance coverage will give you and your drivers peace of mind.

As experts in the commercial vehicle financing industry, we are often asked about commercial vehicle insurance. Here, you will find the answers to the most commonly asked commercial truck insurance questions.

Insurance for Commercial Trucks: Frequently Asked Questions

Unsure about your need for truck insurance or what coverage to get? These are the 12 most common commercial truck insurance questions we’ve come across.

What Does Commercial Truck Insurance Cover?

The trucking industry in 2025 is filled with challenges, but it also offers opportunities. Commercial truck insurance designed for commercial vehicle use will protect your commercial fleet investment.

Commercial truck insurance covers businesses that use vehicles like trucks and vans to transport goods or materials. Policy requirements may vary based on vehicle type and weight class and the cargo being transported.

What Insurance Do I Need for My Commercial Trucking Business?

One of the most common commercial truck insurance questions centers around the coverage needed.

In the US, the Federal Motor Carrier Safety Administration (FMCSA), a division of the Department of Transportation (DOT), mandates commercial truck insurance for trucking businesses.

They typically require a minimum of $750,000 commercial auto liability coverage.

Can I Get Primary Liability and Cargo When I’m Leased to a Motor Carrier?

If you’re leasing a truck, you’ll need leased operator semi-insurance. The motor carrier you lease from will shoulder most of the insurance burden. We recommend that you get non-trucking liability for coverage when you’re not under dispatch and physical damage coverage.

If you plan on leasing out your truck to other operators, be aware that the FMCSA requires the lessor to have liability coverage. The lessee is responsible for their motor truck cargo insurance.

What Is the Minimum Coverage Needed to Get My Authority?

Whether you use a new or used commercial truck, the FMCSA requires commercial auto liability insurance before providing an operating authority or motor carrier number. Collision coverage is recommended but not mandatory.

What Insurance Do I Need to Run Under My Authority?

When operating under your authority, you’re responsible for your trucks’ insurance, cargo, and trailers. So, what’s the right commercial truck insurance for you? It depends on your specific needs. However, you’ll need commercial auto liability coverage at the bare minimum.

Physical damage coverage, such as collision insurance, will usually be required if you are financing or leasing your truck.

Are There Any Age Restrictions on Passenger Accident Coverage?

There is no minimum age requirement, but some insurance carriers impose their own requirements. Also, state authorities have regulations about transporting minors.

Passenger accident coverage is not the same as commercial auto liability coverage. Commercial auto liability coverage pays for injuries and property damage caused to others (outside the vehicle) in a car accident. Passenger accident insurance policies supplement standard liability insurance.

Do Commercial Truckers Need Uninsured Motorist Coverage?

No, it is not required. Commercial truck companies have minimum liability coverage requirements, but are not required to purchase matching uninsured motorist coverage.

Uninsured motorist coverage is a type of insurance that pays for medical expenses if you or your passengers are injured by a hit-and-run driver or a driver who has no liability insurance.

Does Personal Auto Insurance Cover A Commercial Truck?

Most personal car insurance policies don’t cover incidents related to the commercial use of a vehicle. If a vehicle is used for commercial purposes, it needs a commercial auto policy.

A related question that comes up in discussions on commercial truck insurance questions is what to do if you drive a commercial vehicle for personal use. If you intend to do so regularly, get some personal auto coverage.

Do Insurance Companies Require CDL Experience for Commercial Insurance?

Yes, they usually do. Many insurers require truck drivers to have their Commercial Driver’s License (CDL) for at least two years before they offer coverage.

Your level of age and number of years driving commercially may affect how much you’ll pay. What you haul, how far you drive, and how much your truck is worth are additional factors determining rates.

Is My Truck Insured on the Same Policy if I Buy It in the Middle of My Policy Term?

Fortunately, yes. Mid-term truck purchases are added to the existing policy. You will not need to get a new policy. You will make a down payment for the coverage, with the balance added to your existing monthly premiums. Any increases in coverage increase premium amounts and typically require a down payment.

Does Commercial Truck Insurance Coverage Apply Across State Lines?

It can if you have interstate coverage for transporting goods across state lines. Interstate coverage typically has higher minimum limits for liability insurance. Different states have their own commercial vehicle insurance regulations.

Intrastate coverage, on the other hand, is for transportation within a single state. Either way, long-distance hauling leads to fatigue and raises the potential for accidents. Familiarize yourself with the causes of driver fatigue and trucking regulations designed to prevent it.

Can I Get Coverage for the Items Inside My Truck?

This is another of the most commonly heard commercial truck insurance questions. Yes, you can get coverage for the items inside your truck. It’s called motor truck cargo insurance. However, cargo coverage and premiums may be influenced by the type of cargo you’re transporting, especially if across state lines.

Conclusion

The commercial vehicle insurance industry may seem daunting at first, but with the right information, you’ll make the right choices. It’s the same with commercial vehicle financing. You need expert guidance. That’s what you’ll get at Mission Financial Services.

Our long history in the auto finance industry means we can offer the best financing options and loans for commercial vehicles and trucks. We can help you get the financing you need, even if you have bad credit. Contact us today.

Essential Guide to Semi Truck Towing

Semi-truck towing is a critical operation in the trucking industry. It provides a lifeline when unpredictable events occur, and trucks fail while on the road.

The towing process is not straightforward, though. You must understand your state’s semi-truck towing regulations and ensure you have the correct equipment plus skillset to tow trucks safely.

This guide provides everything you need to know about semi-truck towing — from the different types of towing services available to tips on selecting the right provider — helping you navigate the process with confidence when the need arises.

What is Semi-Truck Towing?

Semi-truck towing involves moving large commercial vehicles like tractor-trailers, 18-wheelers, box trucks, and tankers using specialized equipment. Unlike towing smaller cars with a standard tow truck, this process requires heavy-duty tow trucks and skilled operators to transport massive, inoperable trucks to their destinations safely.

Common Reasons for Semi-Truck Towing

Commercial vehicles can face unexpected breakdowns on the road, requiring prompt towing to ensure safety. Some of the most common issues that can leave your semi-truck inoperable and in need of towing services include:

Mechanical Failures

Large trucks are complex machines with several moving parts. Prolonged use or improper maintenance can cause different parts to wear and tear, leading to mechanical issues that result in unexpected breakdowns. Some common mechanical problems you’re likely to face include:

Engine Problems: Overheating, fuel system malfunctions, or electrical failures can cause the engine to shut down, leaving the truck inoperable.
Brake Failures: Malfunctioning brake systems, often caused by air leaks or worn brake pads, can compromise safety and require immediate towing assistance.
Transmission Issues: Difficulty shifting gears or transmission fluid leaks can prevent the truck from moving, especially under heavy loads.
Tire Blowouts: Damaged or underinflated tires can result in blowouts, making the vehicle unsafe to drive and needing roadside assistance or towing.

Accidents & Collisions

Large truck accidents have increased by nearly 49% in the last ten years. Some of these accidents can be severe, leaving your vehicle too damaged to drive. For such cases, you’ll require a semi-truck towing service with the correct towing equipment to move your semi-truck to a storage yard or repair facility.

Weather-Related Incidents

Snow, ice, high winds, and other harsh weather conditions significantly increase the risk of road accidents for large trucks. These conditions also make towing damaged heavy vehicles more challenging, as icy roads reduce traction and stability. Tow truck operators often rely on tire traction aids, snow chains, and specialized equipment to safely recover and transport vehicles in such weather.

Load Shifts & Overturns

Besides towing damaged and stranded vehicles to repair or storage facilities, towing services can help address load shifts and overturns to prevent freight damage or accidents. To do this, tow truck drivers will use specialized tools, like safety chains, load bars, and straps, to reposition and tightly secure the cargo back in place.

Types of Semi-Truck Towing Services

Tow trucks are categorized into different classes, each designed for specific towing jobs. Because of this, semi-truck towing services offer various options using specialized tow trucks to meet different needs. Below are some of the most commonly requested towing services in the trucking industry:

Heavy-Duty Towing

Heavy-duty towing services handle heavy commercial vehicles with a gross vehicle weight rating of about 17,000 pounds and above. These services often use heavy-duty tow trucks with hydraulic winches and other specialized equipment to avoid further damage to the vehicle in tow. Some examples of trucks towed using heavy-duty tow trucks include construction vehicles and other big rigs.

Rotator & Crane Recovery

Vehicle recovery towing services rely on rotator crane trucks to recover overturned vehicles or those stranded in ditches. Equipped with a boom that can rotate 360° and extend up to 30 feet high, these trucks offer exceptional lifting and maneuvering capabilities. Their versatility makes them ideal for retrieving vehicles from tight or hard-to-reach spaces, ensuring safe and efficient recovery.

Flatbed & Lowboy Trailers

With flatbed towing, semi-truck tow companies use flatbeds or lowboy trailers to carry the entire vehicle. These services come in handy when moving severely damaged commercial vehicles from crashes. Usually, the back section of the truck is flat and hydraulically inclines or slides to ground level so the damaged vehicle is placed on it.

Winching & Pull-Out Services

Winching or pull-out services extract trucks from difficult terrain, such as muddy pits, snow, or water. While the vehicle may not be damaged, it is often too deeply stuck to regain traction and requires specialized equipment to pull it out safely.

Choosing the Right Towing Provider

Towing companies operate differently, especially when moving heavy-duty trucks. To find a reliable towing service provider who can move your semi-truck safely and avoid further damage during towing, look for the following:

Experience and Expertise

Does the towing company have the correct certifications and licensing to perform towing services in your state? Ask about their qualifications, the types of tow trucks they can handle, and how long they’ve been in operation.

Response Time and Availability

Breakdowns happen unexpectedly. Work with a towing company that’s available 24/7 and offers emergency towing services round the clock. This way, you’ll get the roadside help you need at any time of the day or night.

Customer Reviews and Reputation

Check ratings and reviews of a towing company before you work with them. You’ll get insight into the provider’s track record and overall customer satisfaction. Reading firsthand customer accounts helps you understand the company’s service quality.

Remember, an incorrectly done towing job can cause more damage to your vehicle, leading to more expensive repairs.

Service Area Coverage

Consider your trucking operations when choosing a towing service partner. If your semi-trucks cover a wide area, you need a towing service provider with an equally wide service area coverage to ensure they can reach you whenever you require their services. Choose a company with multiple locations or a sizable network of affiliated towing companies in the states you operate in.

Cost Considerations & Insurance Coverage

On average, standard towing services for a tractor-trailer cost between $300 and $600, whereas those of a semi-truck range from $500 to $1,500. But these rates can increase further based on several factors, such as:

Distance and location. Towing fees vary depending on the location of the semi-truck breakdown and the distance the vehicle needs to get towed. The longer the distance, the higher the rates.
Size and weight of the vehicle. Larger and heavier trucks require more powerful towing equipment, which is generally more expensive to maintain and challenging to operate. This can contribute to higher costs.
Situation-specific factors. Challenging circumstances, including harsh weather conditions, adverse terrain, or the need for more assistance, will almost always increase your towing costs.

It’s essential to note that you don’t have to cover towing expenses out-of-pocket. Your commercial truck insurance provider can cover towing costs if you purchase roadside assistance or towing coverage.

Most insurance companies offer this type of insurance as an add-on coverage option once you purchase comprehensive commercial vehicle insurance policies. Check out our quick guide on add-on coverage to learn more about roadside assistance insurance options.

Conclusion

Whether managing a fleet or one semi-truck, working with the right towing service provider will help you minimize downtime and save money. It’s also more affordable than purchasing heavy-duty towing equipment and handling towing jobs on your own unless you’re looking to venture into offering towing services as a business.

Keep in mind that you can reduce the need for towing services by performing regular truck maintenance and following safe driving practices. These proactive measures help prevent unexpected breakdowns and lower the risk of accidents, keeping your truck on the road longer.

If your vehicle fails or gets involved in an accident, and you need assistance financing its repairs, don’t hesitate to call us. At Mission Financial Services, we offer customizable commercial truck repair loans to help you avoid prolonged downtime at repair shops and keep your trucking business going.