Trucking Insurance
Trucking is one of the most complex lines of commercial insurance. The risks are real, the regulatory environment is demanding, and no two operations are ever quite the same.At INP Specialty, we focus on helping producers navigate those complexities with confidence. We bring a working knowledge of the exposures that matter and what it takes to get deals done with underwriting integrity.
Our Approach
Our approach is shaped by more than a decade of direct experience in the trucking space. We've helped build and scale profitable MGA programs from the ground up, developed submission workflows that improve hit ratios and turnaround times, and worked closely with producers, loss control professionals, and claims teams to keep fleets moving. That practical, hands-on background allows us to communicate effectively with both carriers and producers and to support the placement process at every stage.Our Strategy
Our strategy is to work with a select group of carrier partners that understand the trucking industry and offer a broad range of solutions. We believe the best wholesale relationships are built on trust, discipline, and consistency, and that starts with knowing how to tell the story behind each account.Trends we are tracking
The Rise of Nuclear Verdicts in Trucking
Multi-million-dollar jury awards, known as 'nuclear verdicts' are reshaping the trucking insurance landscape. Settlements exceeding $10M are becoming more common, often tied to accidents involving alleged inadequate driver vetting or safety violations. The result is skyrocketing liability premiums, tougher underwriting, and increased carrier bankruptcies. Forward-thinking fleets are investing in advanced telematics, dashcams, and proactive safety programs to reduce exposure before a lawsuit ever happens.
Hackers on the Highway: Cyber Threats to Fleets
As trucks become rolling data centers, GPS tracking, ELDs, and dispatch systems are prime cyber targets. Ransomware gangs have already hit logistics firms, halting deliveries and leaking sensitive customer data. A breach in a fleet management system can cost millions in downtime, regulatory fines, and reputation damage. Strong password hygiene, multi-factor authentication, and 24/7 monitoring are no longer optional. Understanding how to protect your fleet from emerging cyber threats has become required knowledge.
Cargo Theft 2.0: Organized Crime Goes Digital
Organized cargo theft groups are using GPS jammers, fake carrier identities, and online load board scams to intercept freight. The result is a spike in high-value thefts of electronics, pharmaceuticals, and food products. These modern heists often leave no forced-entry evidence, making claims more complex. Fleets are countering with geofencing alerts, driver identity verification, and vetted broker partnerships to keep shipments secure from pickup to delivery.
New FMCSA Rules Could Change Your Risk Profile
The Federal Motor Carrier Safety Administration (FMCSA) is tightening rules on driver qualifications, hours-of-service tracking, and safety compliance. Changes to CSA scoring can directly affect insurance premiums, shipper contracts, and even a carrier’s ability to operate. Staying ahead means regular internal audits, robust training programs, and keeping digital compliance records organized for fast retrieval during inspections or claims disputes.
Whether you're a retail broker looking for a responsive partner or a carrier seeking disciplined distribution, INP Specialty brings insight, experience, and a focus on results.
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