GITNUX MARKETDATA REPORT 2024
Statistics About The Average Dump Truck Insurance Cost Per Month
The average dump truck insurance cost per month is around $300 to $500.
In this post, we will explore the diverse range of costs associated with dump truck insurance, providing insights into the varying expenses that owners and operators may encounter. From the average monthly insurance costs to specific factors influencing premiums, we’ll break down the statistics to help you navigate the complex landscape of dump truck insurance pricing.
Statistic 1
"The average monthly dump truck insurance cost can range from $400 to $800."
Statistic 2
"Owner-operators that lease onto a motor carrier can pay between $250 to $700 per month."
Statistic 3
"The cost of dump truck insurance for owner-operators who have their own authority can range from $3000 to $12,000 per truck per year."
Statistic 4
"New businesses should expect to pay up to 20% more than what established businesses pay."
Statistic 5
"The cost of insurance can vary based on factors such as the number of trucks and drivers, operating radius, and what the truck is hauling."
Statistic 6
"The average cost of Commercial Auto Liability insurance can average $1,500 – $2,000 per truck per year."
Statistic 7
"Physical Damage insurance can average $1,000 – $3,000 per truck per year."
Statistic 8
"Cargo insurance for dump trucks can cost an additional $400 to $1,200 per year."
Statistic 9
"Dump trucks that transport hazardous materials will see an increase in insurance costs."
Statistic 10
"Dump trucks operating in high-risk areas may pay more for insurance coverage."
Jannik Lindner
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The statistics are checked by us and then entered into the database. Our market data reports have been linked to by some of the largest publishers and companies on the Internet.
