Avoid These 7 Mistakes When Buying Semi Truck Insurance

May 21, 2025Auto InsuranceComments (0)

Buying semi truck insurance is one of the most important decisions you'll make as a commercial truck driver or fleet owner. The right policy doesn’t just protect your vehicle—it shields your business, your livelihood, and your peace of mind. At Stone Era Insurance Agency, we’ve seen firsthand how avoidable mistakes can cost truckers thousands of dollars. Let’s help you steer clear of the most common pitfalls.

1. Underinsuring Your Truck

It may be tempting to lower your premium by cutting back on coverage, but that decision could come back to haunt you in the event of an accident. Semi trucks are valuable assets. Make sure your policy covers the full replacement value of your truck, not just its depreciated worth.

2. Ignoring Cargo Insurance

Many truckers focus solely on liability and physical damage coverage but forget about insuring their cargo. If your load is damaged, stolen, or lost, cargo insurance is what protects your business from financial loss. Don't skip it.

3. Choosing the Wrong Insurance Provider

Not all insurance agencies understand the unique risks of the trucking industry. Work with specialists like Stone Era Insurance Agency, who know exactly what policies best protect semi truck operators. We customize every policy to fit your routes, cargo, and risk profile.

4. Failing to Disclose Driving Records

Trying to hide prior tickets or violations might seem harmless, but it can lead to denied claims or even cancellation of your policy. Always be honest about your driving history so your policy remains valid and effective.

5. Overlooking Deductibles

Some policies come with low premiums but extremely high deductibles. Understand what you’ll be responsible for paying out of pocket in the event of a claim, and make sure it’s an amount your business can reasonably cover.

6. Not Reviewing the Policy Annually

As your trucking operation grows or changes, so should your insurance coverage. Review your policy at least once a year, or whenever you add trucks, take on new clients, or expand to different states.

7. Buying Based on Price Alone

The cheapest policy isn’t always the best. Low-cost coverage often comes with gaps that can be financially devastating in the long run. At Stone Era Insurance Agency, we work with you to find affordable semi truck insurance that doesn’t sacrifice protection.

Why Choose Stone Era Insurance Agency?

We specialize in semi truck insurance and understand the unique needs of independent drivers and fleet owners. With tailored policies, expert guidance, and top-tier customer service, we help you hit the road with confidence.

Contact Us Today

Don't wait for an accident to find out you’re underinsured. Contact Stone Era Insurance Agency today and get the coverage your business deserves.