Indiana Semi Truck Insurance

Whether you operate a single delivery truck or own a fleet of trucks in Indiana, it’s essential to ensure that your business and employees are protected in case of an accident or emergency. There are several considerations to keep in mind when choosing semi truck insurance in Indiana.  It’s one of the most important decisions you will make for your business.

Commercial motor vehicles travel billions of miles each year in Indiana. After all, Indiana didn’t become the “Crossroads of America” for nothing! Semi truck insurance in Indiana is required by the state for the approximately 100 transport companies located here.

What are the Rules?

There are several state-mandated requirements for semi truck insurance in Indiana. Here are the current minimum policy requirements from the Indiana Department of Revenue’s Commercial Motor Vehicle Guidebook:

• $750,000 policy for for-hire carrier transporting non hazardous property in a vehicle with a gross vehicle weight rating (GVWR) of 10,001 pounds or more

• $1,000,000-$5,000,000 policy for private and/or for-hire carrier transporting hazardous material

• $300,000 policy for for-hire carrier transporting non hazardous property in a vehicle with a GVWR of 10,000 pounds or less

The start of a new year is a great time to reexamine your company’s semi truck insurance. It may be possible to lower your rates due to changes in policy or state requirements. It’s a good time for a fresh look.

Looking Ahead to the Mid-America Truck Show

Also, as we enter into March, many Indiana truckers look forward to crossing the Kentucky border into Louisville’s Kentucky Expo Center for the Mid-America Trucking Show (MATS) from March 26-28, 2015. MATS is the biggest trade show for the trucking industry on earth; it gives truckers and fleet owners the chance to see the latest advances in the trucking industry firsthand. Over 1,000 exhibitors will be present alongside more than 70,000 attendees. Let us know if you’re planning on attending; we’d love to meet up with you at MATS.

About Kincaid Insurance

Finding semi truck insurance in Indiana that fits your business doesn’t have to be a hassle. Kincaid Insurance offers comprehensive and affordable coverage with flexible payment options available – we’ll work with you so you can focus on growing your business while ensuring that everything you’ve worked so hard for remains protected.

Coverage options include: on-hook & cargo, automobile & general liability, auto physical damage, garagekeepers legal liability, and excess liability in addition to other coverages and endorsements. Nothing is too specialized or difficult for Kincaid Insurance to write. We make it our business to understand the trucking industry and have been providing coverage to fleet owners and truckers for many years. You’re always welcome to visit our headquarters in Rockport, Indiana, but you can also fill out our online form to request a call from one of our team members or give us a call at (812)649-5739. Thank you for considering Kincaid for your semi truck insurance needs in Indiana.

Commercial Truck Insurance in Indiana

With over 70 major trucking companies in the state of Indiana, commercial trucking is an important industry for the Hoosier state.

The “Crossroads of America” is well known for everything from grain to plastic products to hospital beds, all of which need to be moved throughout the state and the country. Simply stated, Indiana relies on truckers like you.

To keep operating expenses low, many trucking companies and owner-operators regularly review their options for affordable commercial truck insurance in Indiana.

Whether you’re an owner-operator or a fleet manager, you know that commercial truck insurance can be one of the most costly parts of running your business. Affordable coverage can be difficult to obtain, especially if your trucks carry hazardous materials.

Minimize Risk for Your Trucking Business

The good news for you is that trucking insurance is actually designed to minimize your risk. You or your employees log lots of miles carrying precious cargo in all kinds of unpredictable weather. Because you’re on the road so often, even the most cautious drivers may experience damage to their truck or the property of others. Commercial truck insurance should provide protection against damage and liability.

Kincaid serves trucking companies in virtually every niche, ranging from commercial ag to long haul big rigs. Our policies offer a variety of coverage options, ranging from liability-only to more comprehensive plans.

Hard-to-Write Trucking Policies

At Kincaid Insurance, we specialize in what some Evansville insurance agencies may classify as the “hard-to-write” policies. Nothing is too specialized or difficult for us to write. We understand the trucking industry and have been providing coverage to truckers and fleet owners for many years.

Visit our headquarters in Rockport, Indiana. Drive your rig to our office today, and we’ll handle the rest. You can also fill out our online form to request a call from one of our team members. You can also give us a call toll free by dialing (812)649-5739. Thanks for considering Kincaid for your commercial trucking insurance needs in the Evansville, Henderson, and Mt. Vernon tri-state area.

What Info is Needed for a Commercial Insurance Quote?

Finding the right insurance coverage for your business (at the right price) can seem like a big job. First, you need to gain a general understanding of your needs and talk to one or more insurance agents. Quoting the insurance is the next step in the process, which can involve some homework for you or someone on your team.

At Kincaid Insurance Group, we regularly provide insurance quotes for businesses across a variety of industries—from commercial trucking fleets to startups to well-established manufacturing companies. Each quote is different depending on a variety of factors; however, there are a few things that we almost always need to start the quoting process.

We hope that this commercial insurance checklist helps you gather the right information for your quote. If you have any questions, feel free to reach out to us and start a conversation. Someone from our experienced staff will be happy to assist you.

About the Business Owner

Even if your business is incorporated as an S Corp, LLC, or another entity, we’ll still need some basic information about you (the business owner). Please note that we take your privacy seriously and use secure technology to keep your information safe.

• First and Last Name

• Address

• Date of Birth

• Social Security Number

• Phone Number

• Email Address

About Your Business

We also need to get to know your organization. Some of this information is easier to come by, so we’ve broken this section into two categories:

Easy stuff:

• Federal ID Number

• Business Description

• Entity Type (LLC, Sole Proprietorship, Partnership, S Corp, C Corp, etc)

• Web Address

• Year Business Started

• Ownership Information (Name of Owner, Corp. Officers, Partners)

• Number of Employees

Items that may require a little more digging:

• Receipts

• Payroll Information by Job Description

• Employee Breakdown by Job Description

• List of Carriers for Last 3 Years

• Copy of Current Policy

• At Least 3 Years of Loss Runs

Additional Details

Setting clear expectations is key to serving your commercial insurance needs. With this in mind, please let us know about your:

• Desired Policy Effective Date

• Specialized Requirements

Get Your Quote for Business Insurance

Do you already have this information ready to share? If so, that’s great news!

Contact us to initiate the quoting process. After receiving your inquiry, we will follow up with you to discuss next steps and collect your information for the quote.