hot shot insurance
Hot Shot Insurance
Hot shot trucking is a fast way into the business, which is why underwriters watch it closely. We know which carriers actually want hot shot risks, new authorities included, and how to present yours.
What counts as hot shot
Hot shot usually means a heavy-duty pickup, often Class 3 to 5, pulling a gooseneck or flatbed trailer to haul time-sensitive or partial loads: equipment, building materials, oilfield parts and more.
Authority, CDL and weight
If your truck and trailer together are rated over 10,000 lbs and you haul for others across state lines, you need a USDOT number, MC authority and a liability filing. Once the combined rating goes over 26,000 lbs with a trailer rated over 10,000 lbs, the driver needs a Class A CDL. Many hot shot operators size their setup around that line, and insurers price the two setups differently.
Coverage for hot shot operators
- Liability, at least $750,000 for interstate for-hire general freight, though most loads require $1,000,000.
- Cargo, matched to what you haul. Equipment and machinery often need higher limits.
- Physical damage on both the pickup and the trailer.
Getting a better hot shot rate
Clean MVRs, a CDL even when not strictly required, and a clear description of your radius and freight all help. After one clean year with continuous coverage, more carriers open up at renewal.
Hot Shot Insurance by state
Frequently asked questions
Can a brand-new hot shot authority get insurance?
Yes. Several of our carriers write new hot shot authorities. Expect a higher first-year premium.
Does my personal pickup policy cover hot shot loads?
No. Personal auto policies exclude commercial hauling for hire. You need a commercial policy with the right filings.
Do I need cargo insurance for hot shot?
It is not federally required for most freight, but nearly every broker requires it, typically $100,000.