Semi truck insurance cost in 2026
Semi truck insurance costs $3,000 to $24,000 per truck per year in 2026, and most people pay about $11,000.
What moves the price
- Whether the driver is leased to a motor carrier or runs under their own authority changes the price a lot.
- New authority pays more than a trucker with a clean record and a few years in business.
- The driver's record and years of experience move the rate.
- How far the truck travels and where it is parked change the risk.
- The type of cargo, the coverage limits and the deductible also change the premium.
- Where you live. Prices in big cities usually run higher than in small towns.
What is included
The price usually covers primary liability, which is the largest part. Many policies add physical damage and cargo cover. Extras such as bobtail, non-trucking liability, trailer interchange and occupational accident cover often cost more.
Semi truck insurance by type of operation
| Type | Per month | Per year |
|---|---|---|
| Leased onto a motor carrier | $250 to $500 | $3,000 to $6,000 |
| Owner operator with own authority | $900 to $1,600+ | $10,800 to $19,200+ |
| New authority (first 12 months) | $1,200 to $2,000+ | $14,400 to $24,000+ |
| Small fleet (2 to 5 trucks), per truck | $750 to $1,200+ | $9,000 to $14,400+ |
Average prices in US dollars. Source: LogRock.
Yearly cost by coverage for owner operators
| Coverage | Per year |
|---|---|
| Primary liability | $9,000 to $15,000 |
| Physical damage | $1,500 to $4,000 |
| Cargo | $400 to $1,200 |
| Bobtail or non-trucking liability | $350 to $480 |
| Occupational accident | $1,600 to $2,000 |
Average prices in US dollars. Source: LogRock.
Ways to pay less
- Leasing onto a motor carrier is usually cheaper than running under a trucker's own authority.
- Paying the policy in full can save 10% or more, and a higher deductible can lower the premium.
- Getting quotes from at least three insurers, including a trucking specialist, helps find a lower rate.
What price guides say
We checked 3 price guides and read every number on their pages. They do not all measure the same thing, so the ranges on this page come from putting them side by side.
- LogRock: Semi Truck Insurance Cost: 2026 Rates ($250 to $2,500/mo)
- Progressive Commercial: What does commercial truck insurance cost?
- Insurify: How Much Does Semitruck Insurance Cost?
Common questions
How much does this cost in 2026?
Semi truck insurance costs $3,000 to $24,000 per truck per year in 2026, and most people pay about $11,000. Most people pay about $11,000 per truck per year. The low end is $3,000 and the high end is $24,000.
What changes the price the most?
The biggest factors are: Whether the driver is leased to a motor carrier or runs under their own authority changes the price a lot; New authority pays more than a trucker with a clean record and a few years in business; The driver's record and years of experience move the rate.
How can I pay less?
Leasing onto a motor carrier is usually cheaper than running under a trucker's own authority. Paying the policy in full can save 10% or more, and a higher deductible can lower the premium. Getting quotes from at least three insurers, including a trucking specialist, helps find a lower rate.
Where do these numbers come from?
From 3 named price guides: LogRock, Progressive Commercial, Insurify. Each one is linked on this page with the date we read it.
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