For leased owner-operators, you can get a policy to cover your trailer usually between $2,000 and $4,000 a year. New authorities typically see tractor-trailer insurance rates between $12,000 and $18,000 for their first year, with cheaper rates after that.
Tractor-trailer insurance costs depend on a variety of factors, so you’ll need to shop around to find the best rate. Some factors that influence your rate are:
If you currently have car or home insurance, you may also want to check with your provider to find out if they offer tractor-trailer insurance. You could find a more affordable rate by bundling a policy with your current one.