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Truckers come to the truck insurance agency brokers website regularly each year when their policy is up for renewal to shop, compare and insure big rig trucks, light duty truck, fleets and regular business auto policies.
Call for quick quote and policy issue (844) 863-6154. Or get quotes here.
Our target risk for AL, AR, DE, FL, GA, IN, IA, KS, MD, MS, MO, NE, NJ, NC, OH, PA, SC, TN, TX, VA is For-Hire Transportation policies with an MCS-90 endorsement where an owner/operator or fleet that schedules all commercially owned and operated vehicles on the policy, and does not have a history of unlisted vehicles running under their authority.
Acceptable commercial truck insurance risks may include:
Motor carriers that have had problems keeping a policy in-force or could benefit from our 33+ years of experience.
We will quote at least two of the top trucking companies available, Progressive Commercial, Berkshire Hathaway Homestate and/or National Indemnity Insurance Company.
Get a Quote for Big Rig Truck Insurance Coverage and insure from 1-40. We have just expanded our services to include AL, AR, DE, FL, GA, IN, IA, KS, MD, MS, MO, NE, NJ, NC, OH, PA, SC, TN, TX, VA.
Commercial truck insurance is an important part of the trucking industry. It provides protection for truckers and their cargo, as well as for the public, from the risks associated with operating large commercial vehicles. In New Jersey, commercial truck insurance is regulated by the Department of Banking and Insurance. Below is an overview of the history of commercial truck insurance in New Jersey, including the development of regulations and the evolution of the industry.
Early History
In the early days of trucking, commercial truck insurance was not a requirement. Truckers relied on their own resources and the good will of other truckers to cover any liabilities they might incur while on the road. However, as the trucking industry grew, so did the need for insurance policies that could provide protection for truckers and their cargo, as well as for the public from the risks associated with operating large commercial vehicles.
The first commercial truck insurance policies in New Jersey were issued in the late 1920s by the Prudential Insurance Company. These policies provided coverage for liability and property damage for trucks and other vehicles. In 1931, the Prudential Insurance Company was acquired by the American Fidelity Insurance Company, and the two companies merged to form the American Fidelity and Prudential Insurance Company. This company became the first major provider of commercial truck insurance in New Jersey.
Regulation of NJ Commercial Truck Insurance
The regulation of commercial truck insurance in New Jersey began in the 1940s. The New Jersey Legislature passed the Commercial Motor Vehicle Insurance Law in 1941. This law required commercial truck operators to purchase a minimum amount of liability insurance in order to obtain a commercial driver’s license and operate a commercial vehicle in the state.
In the 1950s, the New Jersey Legislature passed the Motor Carrier Safety Responsibility Act. This act required commercial truck operators to maintain a minimum amount of liability insurance in order to register and operate a commercial vehicle in the state. The Act also established the Commercial Automobile Insurance Plan (CAIP), which provided coverage for truckers and their cargo, as well as for the public from the risks associated with operating large commercial vehicles.
In the 1960s, the New Jersey Legislature passed the Motor Carrier Safety Improvement Act. This act required commercial truck operators to purchase a minimum amount of liability insurance in order to obtain a commercial driver’s license and operate a commercial vehicle in the state. The Act also established a system of financial responsibility for commercial truck operators, which required them to provide proof of insurance before they could register and operate a commercial vehicle in the state.
In the 1970s, the New Jersey Legislature passed the Motor Carrier Insurance Reform Act. This act required commercial truck operators to purchase a minimum amount of liability insurance that was sufficient to provide coverage for bodily injury, property damage, and cargo losses. The Act also established a system of financial responsibility for commercial truck operators, which required them to provide proof of insurance before they could register and operate a commercial vehicle in the state.
In the 1980s, the New Jersey Legislature passed the Commercial Automobile Insurance Plan (CAIP). This act required commercial truck operators to purchase a minimum amount of liability insurance in order to obtain a commercial driver’s license and operate a commercial vehicle in the state. The Act also established a system of financial responsibility for commercial truck operators, which required them to provide proof of insurance before they could register and operate a commercial vehicle in the state.
In the 1990s, the New Jersey Legislature passed the Motor Carrier Safety Improvement Act. This act required commercial truck operators to purchase a minimum amount of liability insurance in order to obtain a commercial driver’s license and operate a commercial vehicle in the state. The Act also established a system of financial responsibility for commercial truck operators, which required them to provide proof of insurance before they could register and operate a commercial vehicle in the state.
In the 2000s, the New Jersey Legislature passed the Motor Carrier Safety Improvement Act. This act required commercial truck operators to purchase a minimum amount of liability insurance in order to obtain a commercial driver’s license and operate a commercial vehicle in the state. The Act also established a system of financial responsibility for commercial truck operators, which required them to provide proof of insurance before they could register and operate a commercial vehicle in the state.
Evolution of the Commercial Truck Insurance Industry
Since the early days of commercial truck insurance in New Jersey, the industry has evolved significantly. In the past few decades, the industry has experienced rapid growth and the introduction of new technologies and products.
Today, the commercial truck insurance industry in New Jersey is a highly competitive market. Many companies offer a variety of products and services to meet the needs of truckers and the public. These products include general liability, cargo liability, motor truck cargo, and physical damage insurance, as well as a variety of other products and services.
Commercial truck insurance is an essential part of the trucking industry. In New Jersey, the regulation of commercial truck insurance has evolved over the years, and the industry has grown significantly. Today, the commercial truck insurance industry in New Jersey is a highly competitive market, offering a variety of products and services to meet the needs of truckers and the public.
The History of Commercial Truck Insurance Brokerage in New Jersey
Commercial truck insurance is an essential part of the trucking industry. It provides financial protection for truckers, their cargo, and their customers. As one of the most heavily regulated industries in the United States, trucking companies must carry a certain amount of commercial truck insurance in order to operate legally.
In New Jersey, the history of commercial truck insurance brokerage goes back to the late 1950s. At this time, the trucking industry was just beginning to emerge as a major economic force in the state. Due to the large number of trucks that transported goods and services, the need for reliable commercial truck insurance became apparent. As a result, several insurance brokers began to specialize in providing insurance for the trucking industry.
In the 1980s, the commercial truck insurance industry in New Jersey underwent a significant transformation. As technology advanced, the trucking industry began to rely more heavily on computers to manage their operations. This increased the need for more specialized commercial truck insurance policies, as well as better customer service. In response, a new generation of commercial truck insurance brokers emerged, offering more comprehensive policies and more personalized services.
Today, commercial truck insurance in New Jersey continues to be a highly regulated industry. As the trucking industry continues to evolve, commercial truck insurance brokers have adapted to provide the most comprehensive coverage available. In addition to providing basic policies, commercial truck insurance brokers now also offer specialized policies for a wide variety of different types of truckers.
Overall, the history of commercial truck insurance brokerage in New Jersey has been one of growth and adaptation. From its humble beginnings in the late 1950s, the industry has grown to become one of the most important sectors of the economy. As technology continues to evolve, commercial truck insurance brokers will continue to provide the most comprehensive coverage available for truckers in the state.
Get coverage from our New Jersey Truck Insurance Agency business auto insurance program. in Alabama, Arkansas, Delaware, Florida, Georgia, Iowa, Indiana, Kansas, Kentucky, Maine, Maryland, Mississippi, Missouri, Nebraska, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas and Virginia.
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General freight
Agricultural hauling
Hot Shot Haulers
NEMT
Refrigerated goods transport
Escort services—trucks and autos
Auto haulers
TARGET VEHICLES
Big Rig Tractor and trailer combinations
Straight Trucks – Box Trucks
Refrigerated trucks and trailers
Flat beds
Stake trucks
Fuel Haulers
We have great success with these business types:
ACCOUNTING SERVICES – ANIMAL HOSPITAL – CAR DEALERSHIP – CATERING – CEMENT CONTRACTING – COAL HAULING – CONSTRUCTION – COURIER SERVICE – COURTESY PASSENGER TRANSPORT – DEBRIS REMOVAL – DEMOLITION – DIRT, SAND & GRAVEL – DOG SITTING – ELECTRICIAN – EXPEDITER – FARMING – FIREWOOD HAULING – FLORIST – FOR-HIRE TRUCKING – FROZEN FOODS TRANSPORT – FRUIT STAND – FURNITURE DELIVERY – GARBAGE COLLECTION – HAZARDOUS MATERIALS HAULING – HOTEL SHUTTLE – HOTSHOT TRANSPORT – ICE CREAM VENDOR – IMPOUND LOT – INTERIOR DECORATING – INDEPENDENT TRUCKING – LANDSCAPING – LEASED-ON TRUCKING – LINEN SUPPLY – LOGGING – LONG-HAUL TRUCKING – MOTORCYCLE DEALERSHIP – OWNER-OPERATOR – PIANO MOVING – PLUMBING – POOL CLEANING – ROCK QUARRY – REALTOR – RECYCLING SERVICES – REFRIGERATED GOODS TRANSPORT – RETAIL FOOD MARKET – ROOFING – SERVICE STATION – SHOPPING MALL – SNOW PLOWING – TOW OPERATION – TREE SERVICE – VOLUNTEER FIREFIGHTING – WIDE LOAD HAULER – WRECKER SERVICES
