Overview
Getting your first year of insurance is often the hardest part of starting a trucking company. Many carriers won't write new authorities at all, and those that do price for the unknown. That's where an independent agent who knows the new-venture market makes a difference.
We work with carriers that write new authorities, explain every coverage in plain language, and handle the filings that activate your authority, so you can start booking loads instead of waiting on paperwork.
What It Covers
Authority Filings
Your insurer files proof of liability (BMC-91/91X) with FMCSA. Your authority can't activate until it's on file.
Primary Liability
The required coverage, usually at the $1M limit brokers demand.
Cargo
Typically $100,000 so you qualify for the broadest range of loads.
Physical Damage
Protects your truck investment and satisfies your lender.
From MC Number to First Load
01Get your USDOT & MC numbers
Apply through FMCSA's registration system. Designate a process agent (BOC-3) at the same time.
02Get quoted before you need it
Call us as soon as you apply. We'll gather your info and shop carriers while your application processes.
03Bind & file
Once you choose a policy and make the down payment, the insurer files proof of coverage with FMCSA.
04Authority activates
After FMCSA's review period and filings are complete, your authority goes active and you can haul for-hire.
05Prepare for your new-entrant audit
New carriers get a safety audit within their first 12 months. Keep driver files, logs and maintenance records organized.
Who Needs It
- Drivers leaving a company job to go independent
- Owner-operators moving from a lease to their own authority
- Hotshot and box truck startups
- Small fleets launching a new DOT number
What Affects Your Price
- CDL experience (2+ years opens more options)
- Driver age and MVR
- Equipment year and value
- Radius and commodities
- Garaging location
- Down payment and payment plan options
Roy's tip: Your first 12 months set the tone for your rates. Keep a clean MVR, pass your new-entrant audit and avoid small claims you could pay yourself. Renewal pricing often improves once you have a year of clean history.
Frequently Asked Questions
How much does new authority insurance cost?
It varies widely with your experience, location, equipment and coverages. A new authority with an experienced driver and a clean MVR will price very differently from one with a newly licensed driver. The fastest way to know is a quote, which is free.
Can I get insured with less than 2 years of CDL experience?
It's harder but sometimes possible. Fewer carriers will quote, and prices are higher. We'll tell you honestly what's available and what would improve your options.
How long does it take to get my filing done?
Once coverage is bound, insurers typically submit filings within a few business days. We follow up to confirm they show on your FMCSA record.