What is box truck insurance?

Commercial vehicles generally need to be insured per Texas state law, but not all commercial vehicles need the exact same insurance policies. For straight trucks, businesses should look at box truck insurance policies.

Box truck insurance is tailor-made for protecting straight trucks. When compared to other commercial truck policies for larger equipment, these tend to have simpler terms and lower premiums.

What Texas businesses need to purchase commercial box truck insurance?

Texas businesses that have straight trucks are generally required by state law to insure their equipment. Commercial box truck insurance policies are usually the best option.

When financing or leasing trucks, a lender’s terms can also make certain insurance coverages compulsory. Lender-required coverages are to ensure the lender’s investment in a vehicle is protected.

Because so many different businesses have and use straight trucks, these policies are purchased by a wide variety of businesses. The following are just a few examples of the diverse businesses that might need this type of insurance:

• Regional and local moving companies
• Manufacturers and sellers of appliances
• Retailers of electronics and furniture
• Tradespeople such as electricians, plumbers, and contractors
• Regional bakeries and coffee roasters

What types of trucks can commercial box truck insurance policies protect?

Commercial box truck insurance policies are able to serve so many different businesses, because these policies are able to be adapted to lots of different trucks. Depending on their terms, policies might cover:

• Standard straight trucks
• Moving trucks
• Cargo cutaways
• Reefer trucks
• Tilt cabs

Policies that protect straight trucks with sleeper cabs are also available, although they can be more difficult to find. Businesses that have straight trucks with sleeper cabs should speak with an insurance agent who specializes in commercial box truck policies. A specialized agent will be able to find a suitable policy.

What coverages are included within box truck policies?

Box truck policies can provide an array of coverages. Some protections that businesses might want for their trucks are:

Can box truck policies insure short buses?

Although box trucks and short buses might have similar dimensions, they usually have different coverage news. Box truck policies are unlikely to provide sufficient injury coverage for all of the people on a bus. For this reason, even short buses generally should be insured with bus insurance rather than a box truck policy.

How much does insuring straight trucks cost?

The cost of insuring straight trucks depends upon many different factors. Some of the details that impact price are a truck’s length, where it’s driven, where it’s parked, and what type of cargo it carries. 

The easiest way to find out how much insuring a specific straight ruck will cost is by getting quotes from different insurance companies. An independent insurance agent can help with getting quotes. Independent agents aren’t linked to any one insurance company (unlike captive agents), and can compare policy options from multiple insurers.