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Flatbed truck insurance

Flatbed Truck Insurance Cost

Average flatbed truck insurance costs $1,050/month ($12,600/year) in 2026. Rates range from $9,000 to $20,000 annually depending on experience, cargo, and operating radius.

Average Monthly
$1,050
Average Annual
$12,600
Range
$9,000–$20,000

Cost by Operator Profile

Operator ProfileAnnual CostMonthly Cost
New authority, clean MVR$14,500–$20,000$1,210–$1,670
1–2 years, regional hauling$11,500–$14,000$960–$1,170
3–5 years, clean MVR$9,500–$12,000$790–$1,000
10+ years, oversize experience$9,000–$10,500$750–$875

What You Pay For: Cost Breakdown by Coverage

A flatbed truck insurance package bundles multiple coverages. Here is how the average $12,600/year premium breaks down by line of business:

Primary Liability ($1M)
$4,800–$8,000
Motor Cargo (with open-deck endorsement) $100K
$1,200–$2,500
Physical Damage
$2,200–$4,500
Non-Trucking Liability
$300–$500
Tarps & Chains
$200–$400

7 Factors That Determine Your Rate

Commodity mix
Steel/machinery +15–25%; lumber/building materials baseline; wind-sensitive loads higher
Oversize/permitted loads
Regular oversize work requires endorsement, adds $600–$1,500/yr
Load securement risk
Claims history on securement failure can triple renewal rates
Trailer type
Step-deck, RGN, lowboy carry higher cargo limits than standard flatbed
Tarping requirements
Tarps and chains coverage adds ~$200–$400/yr

How Flatbed Truck Insurance Cost Varies by State

Flatbed rates are relatively stable nationwide. Steel-heavy markets (PA, OH, IN) may see 5–10% premium due to claim frequency. Wind-corridor routes (TX panhandle, Great Plains) can add rigging requirements.

See state-by-state truck insurance pricing β†’

What each coverage pays and the federal rules for this truck are on our flatbed truck insurance page.

How to Lower Your Flatbed Truck Insurance Cost

  • Document your load securement training and certifications
  • Keep cargo claim-free β€” one securement claim hurts renewal significantly
  • Bundle oversize endorsement only for months you haul oversize
  • Invest in proper tarps and straps β€” replacement claims hurt renewals

Get Your Flatbed Truck Insurance Quote

Your quote depends on your exact operation. We compare many A-rated carriers to find your best rate in minutes β€” your FMCSA data pre-fills 80% of the application.

Get a quoteCall 317-427-5599