Commercial Truck and Trailer Insurance
Why our owner operator semi truck insurance works
SelecTrucks offers more than just trucks – we provide tailored owner operator semi truck insurance and fleet semi truck insurance solutions built for the realities of trucking. Our Finance & Insurance Managers help you understand your options, eliminate confusion, and get insured in one visit. Whether you're buying one truck and need owner operator insurance or building a fleet and seeking fleet insurance, you're covered from day one.
Protect your truck with the best commercial trucking insurance
Getting insurance for your used semi truck is more than a requirement – it’s a smart investment. The right coverage protects your truck, your cargo, your income, and your long-term business continuity. Whether you’re an owner-operator or fleet manager, SelecTrucks simplifies the insurance process so you can drive away covered and confident.
Connected Insurance
Connected Insurance lets drivers use their Detroit Connect® telematics data to potentially lower insurance costs. By sharing driving performance information, safe habits can be rewarded with premium discounts, helping owner-operators and fleets save while staying protected. Get your personalized quote with GEICO to find out your potential savings.
Types of semi-truck insurance coverage offered
From required liability coverage to optional add-ons, these policies help protect your truck, cargo, and business on the road.
Minimum truck insurance requirements & legal compliance
Federal and state laws require every truck operator to carry minimum liability insurance. These minimums cover only bodily injury and property damage to others – but they rarely provide full protection for your truck or cargo. Sticking to the legal minimum often leaves costly coverage gaps that could stall your business after a loss.
In-contract insurance with financing
SelecTrucks offers in-contract insurance – insurance bundled directly into your truck financing. You get:
No upfront payment
One monthly payment for truck + insurance
Locked-in rate for the loan term
Immediate proof of insurance so you drive off the lot covered
Insurance that stays with the truck, no matter which carrier you lease on with
Delayed first payment up to 45 days
This simplified approach eliminates delays, out-of-pocket expenses, and coverage gaps.
Understanding the semi insurance claims process
Here’s how the truck insurance claim process typically works:
Report the incident to your insurance provider
Gather documentation: photos, videos, accident reports
File the claim with necessary details
Damage assessment by the insurer
Claim approval and payment issued
Repairs or replacements begin
Claim is closed once resolution is complete
Clear, timely communication with your provider ensures faster resolution and less disruption to your operations.
Most truck owners need liability, physical damage, non-trucking liability, and often cargo and gap insurance. Optional add-ons like roadside assistance and uninsured motorist coverage increase protection.
Yes. With in-contract insurance, SelecTrucks bundles insurance into your financing – no separate setup required.
It provides protection when your truck is not under dispatch or working for a carrier, such as driving empty or between loads.
Yes. Gap insurance pays the difference between your outstanding loan amount and what the insurance company says your truck is worth after a total loss.
It’s required by law, but often not enough. Liability only covers damage to others—not your truck, your cargo, or personal expenses after an accident.
Report the incident, gather documentation, file the claim, wait for assessment, receive payment, and complete repairs. Our insurance partners provide support throughout the process.
SelecTrucks is here to help you insure your truck
Navigating the complexities of insurance can be challenging, but at SelecTrucks, we're here to help. The key with insurance is making sure you know what’s covered and what your risks are in any circumstance. In the event of an accident, it may mean the difference between owing nothing and owing everything. Trust us to guide you in protecting your valuable trucking assets. Contact us today or visit us to learn more.