Insurance for a new trucking authority

Updated October 2026

When you start your own trucking company, insurance is often the biggest and most surprising cost. Insurers have no history on a new authority, so they charge more until you build a track record.

What has to be in place

Before your operating authority becomes active, your insurer must file proof of your liability coverage with the FMCSA, usually on Form BMC-91 or BMC-91X, and you must have a process agent filing (BOC-3) on file. If either is missing, your authority stays inactive and you can't legally haul for hire.

Shop early

Start getting quotes as soon as you apply for your USDOT and MC numbers. Some insurers won't quote until you have an MC number, and comparing three or more quotes takes time. Have your CDL, driving record, truck details and the type of freight you'll haul ready.

Plan for the down payment

Most policies start with a down payment followed by monthly installments, and that down payment can be a big part of your startup cash. Put it in your budget before you buy the truck.

Keep it from lapsing

If a payment is missed and your policy cancels, your insurer notifies the FMCSA, and your authority can be revoked. Set up automatic payments and calendar reminders.

Try it: New authority insurance checklist

Educational information only, not insurance advice. Talk with a licensed agent about your coverage.