Commercial Truck Insurance In Arkansas

If you’re a truck driver, the foundation of your livelihood is on the wide-open roads. We know how important it is to choose commercial truck insurance in Arkansas that will protect you, your truck, and your business. As a family-owned company with decades of experience in the field, American Insurance Brokers knows exactly what’s at stake. We’ve been providing insurance for fleets big and small since 1980 with a commitment to keeping drivers like you on the road. Here’s how we can help.

How Does Commercial Truck Insurance In Arkansas Work?

It takes years to build a solid reputation in the trucking industry. While others may see a simple truck with a long commute, we know that your job is much more than that. Trucking is your livelihood. It’s how you keep a roof over your head and food on the table. If you’re managing an entire fleet of trucks, there is even more at stake. You have dozens of people depending on you, as well as their families.

When inclement weather or an honest mistake leads to a catastrophic accident, the aftermath can be devastating. From serious injuries to totaled vehicles, the cost of an incident can add up quickly. Insurance is one of the best ways to protect yourself from mounting bills. The team at American Insurance Brokers can secure a comprehensive and customizable commercial truck insurance in Arkansas policy you can count on.

Running a business comes with a lot of costs, which is why we’re also dedicated to finding competitive rates. According to the Arkansas Trucking Report, insurance cost and availability ranked among the top five concerns for industry stakeholders in 2020. Knowing this, our team doesn’t use a one-size-fits-all approach. Instead, we estimate how much coverage you need based on your specific assessment.

Do I Need Commercial Truck Insurance In Arkansas?

Whether your typical route takes you up to Walmart headquarters in Bentonville or down to the bustling capital of Little Rock, there is a lot of Arkansas to cover.

As the state continues to grow, there is even more demand for commercial truck transportation. Both I-40 and I-30 are busier than ever, especially during the morning and evening commutes. Weaving through thousands of drivers during these periods of heavy traffic can be a challenge.

According to the Arkansas Department of Transportation, there were more than 14,000 large commercial motor vehicle crashes between 2015 and 2019. Fatalities from these crashes made up 11.5% of total crash fatalities during this period of time.

Fortunately, finding the right Arkansas commercial truck insurance can help you get from Fayetteville all the way down to Hot Springs with more peace of mind.

Robust insurance coverage offers you unmatched protection in the event of a serious accident. If you’re an independent trucker, your personal auto policy is not enough. In fact, you could face termination if your insurance company finds out that you’re using it for business. If you’re asking yourself, “Do I really need commercial truck insurance in Arkansas?” the answer is a resounding yes.

What Kind Of Commercial Truck Insurance Do I Need In Arkansas?

Different situations call for different types of coverage, which is why we offer a variety of options to meet your needs. For example, primary liability coverage is required by law and covers truck damage or injuries to other drivers and passengers in the event of an accident. We also offer cargo insurance to cover whatever you’re hauling.

In short, our full-service agency can find a policy that includes many different coverages to fit your needs. These may include:

• Commercial auto liability
• Medical payments coverage
• Garagekeepers legal liability insurance
• Motor truck cargo insurance
• Motor truck general liability insurance
• Non-trucking liability insurance
• On-hook towing insurance
• Physical damage
• Trailer interchange insurance
• Uninsured motorist insurance
• Worker’s compensation

At your request, we can also find you a coverage that crosses state lines. This will give you protection every time you hit the road, regardless of where your route takes you.

Your First Choice In The South

Finding the right commercial truck insurance in Arkansas is important, but we believe you should also expect the highest level of customer service from your insurer. You need an insurance agent who understands the business you’re in and cares for you as a driver and a person.

At American Insurance Brokers, this is exactly what you’ll get.

With a reputation for reliability and top-notch service, we set the standard for commercial truck insurance requirements in the South. Here’s everything you should know about what we offer.

Vehicles we cover

From hauling construction materials to transporting produce or towing broken-down vehicles, commercial trucks do it all. We recognize that it takes a range of different vehicles to get these important jobs accomplished. That’s why our portfolio is a reflection of the trucking industry in Arkansas.

Vehicles we cover include:

• Tow trucks
• Flatbed trucks
• Car carriers
• Moving trucks
• Tractor-trailers
• Straight trucks
• Box trucks
• Tank trucks

If you don’t see your commercial truck on this list, give us a call. There is a good chance we offer the coverage you need! Contact us to find out how we can support your needs.

Arkansas state and regulatory filing requirements 

Federal and state requirements are an important part of the trucking industry. These regulatory filings are essential, regardless of what you’re hauling and where you’re headed. In addition to Arkansas commercial truck insurance, you should be able to show proof of the following:

• BMC-34: Demonstrates proof of cargo liability insurance (up to $5,000 per vehicle or $10,000 per occurrence)
• BMC-91-X: Public liability insurance, including, but not limited to, property damage and bodily injury
• Form E: Certifies that your liability insurance is in compliance with Arkansas law
• Form H: Confirms that you have sufficient cargo liability insurance in Arkansas
• MCS-90: States that you have met the monetary requirements for federal regulations in the event of an accident
• OS/OW COI: Proof of sufficient coverage for oversize and overweight vehicles
• SR22: Confirms that your policy meets the minimum liability coverage required by the state of Arkansas

When you hit the road, you want to be confident that you’re in compliance. Our team at American Insurance Brokers can thoroughly investigate your current situation to give you peace of mind. Finding the right commercial truck insurance in Arkansas doesn’t have to be stressful.

Coverage across the South 

We’ve mentioned that we treat our Arkansas clients as we would our own family, and that same service extends across the South. We take time to understand the regional demands of your profession, so we know exactly how to serve you in the best way.

Beyond the border of Arkansas, we also offer comprehensive insurance options in the following states:

• Alabama
• Georgia
• Louisiana
• Mississippi
• Oklahoma
• Tennessee
• Texas

Does your job frequently take you across state lines? We can help you find the interstate coverage you need. Simply provide us with details about your typical route and we’ll find an option that meets your unique commercial truck insurance requirements.

A comprehensive annual review

As a company that specializes in commercial vehicle insurance, we dedicate ourselves to staying on top of industry trends. To make sure you’re getting the right coverage at the best price, we conduct a thorough policy review for our clients on an annual basis. This helps us ensure accuracy and efficiency for every fleet we serve.

What does this review include? First, we take a look at your deductibles and limits. We want to see that your deductible is relatively low (this is the amount you will have to pay before the insurance company makes any payment). On the other hand, your limit should be high as this is what the insurance company owes you in the event of a catastrophic accident. As always, this will vary depending on the risks associated with your specific industry.

After this, we will check for compliance with all regulatory filings. There are dozens of federal and state requirements to keep track of, but your insurance company should do the heavy lifting. We will make sure you are up to date on all of these forms for seamless compliance with the law.

Last, but certainly not least, we want to make sure you’re working with a responsive insurance team. When you’re in an accident, it’s important to receive immediate assistance. At American Insurance Brokers, we partner with more than 35 “A” rated insurance companies that won’t rest until you’re back on the road. You should always expect competitive coverage and pricing that is complemented by excellent customer service.

If you’re searching for truck insurance from a company that puts you first, American Insurance Brokers is here to serve you. We provide this same free policy review for new clients to get you the best commercial truck insurance Arkansas has to offer.

Call us today to discuss your insurance needs or use our convenient online form to request your free, no-obligation quote.