Guides & Glossary
The Full Coverage trucking insurance glossary defines bobtail, non-trucking liability, motor truck cargo, certificates of insurance, surety bonds, and other coverage terms in plain English.
Free Checklist
Trucking Insurance Quote Checklist
Every document an underwriter wants before pricing your trucks, and why.
Compliance Guide
Trucking Safety Compliance and Your Insurance
Inspections, hours of service, hazmat and drug testing on one calendar, and how each affects your premium.
Owner-Operator Guide
Lease-Purchase Trucking: Read the Deal Before You Sign
The real weekly settlement, the clauses that take the truck back, equipment scams and who insures what.
Driver Guide
Pre-Trip Inspection Checklist, Step by Step
An animated walk-around of a tractor-trailer: fluids, gauges, lights, tires, brakes, coupling and the air brake check.
Comparisons
Trucking Insurance Comparisons
Terms that get mixed up and do different jobs, side by side with a short answer at the top.
Bobtail Insurance
Coverage for driving your truck without a trailer attached, outside of dispatch.
Certificate of Insurance (COI)
A document proving you carry active insurance coverage, required by shippers and brokers.
Contingent Cargo Insurance
Backup cargo coverage that activates when a carrier's own cargo policy fails to pay.
Inland Marine Insurance
Coverage for equipment, tools, and property in transit or stored at temporary locations.
Loss Run Report
A claims history report from your insurance company used when shopping for new coverage.
Motor Carrier Authority
The federal operating license (MC number) required to haul freight for hire across state lines.
Non-Trucking Liability (NTL)
Liability coverage for using your truck for personal purposes when not under dispatch.
Occupational Accident Insurance
Medical and disability coverage for independent truckers injured on the job.
SR-22 Filing
A state-required proof of financial responsibility filed by your insurer after certain violations.
Surety Bond (BMC-84)
A $75,000 bond required by the FMCSA for freight brokers and freight forwarders.
Motor Truck Cargo Insurance
Coverage for the freight a motor carrier hauls for its customers, up to the policy's cargo limit.
Physical Damage Coverage
Coverage for damage to your own truck and trailer from a collision, theft, fire and other causes.
Trailer Interchange Insurance
Coverage for damage to a trailer you do not own while you hold it under a written trailer interchange agreement.
Have Questions?
Our team is happy to explain any insurance term or concept. No question is too basic.