Which type of insurance is best for new drivers?

New commercial truck drivers usually require coverage through the Facility Association because standard insurers classify new ventures as high-risk. You need mandatory primary liability (minimum $1 million, though $2 million is standard) and cargo insurance. Expect annual premiums between $12,000 and $25,000+ until you gain three years of verified history.

Essential Coverage Details for New Ventures

• Facility Association (FA): Most new authorities must use this "insurer of last resort." While premiums are roughly 3x higher than standard markets, it is often the only way to legally secure mandatory auto coverage for the first few years.
• Required Add-ons: To secure loads, you must carry Motor Truck Cargo (typically $100,000 to $250,000 limits) and Commercial General Liability. These are separate from your primary auto policy.
• The 3-Year Rule: Rates drop significantly once you document 3 consecutive years of insurance history and a clean CVOR, allowing you to move from FA to standard markets costing $8,000-$12,000/year.

Work with a broker specializing in high-risk trucking to structure higher deductibles (up to $5,000) to lower your monthly premium. Ensure your policy includes OPCF 27 if you plan to rent or borrow temporary replacement vehicles.