Truck Insurance
Keeping your wheels turning is your job – protecting them is ours. From accidents to cargo cover, the right truck insurance keeps your business moving. At Ideal Insurance Brokers, we tailor coverage to match your routes, freight, and risks – so you can drive with confidence:
Are You Paying Too Much for Your Truck Insurance?
The Hard Facts About Trucking Costs in Australia
According to Australian Bureau of Statistics data, the median weekly income for truck drivers is just $1,780 – that’s $92,560 annually before tax.
Yet many Australian truckers are paying between $12,000 and $15,000 per year for their long-haul insurance cover.
That’s potentially 16% of your annual income going straight to insurance.
It Doesn’t Have to Be This Way
At Ideal Insurance Brokers, we specialise in finding competitive truck insurance that doesn’t break the bank. Our team of experts understands the unique challenges facing Australian truck drivers, owner-operators and fleet managers.
How Much Should You Really Be Paying?
Every trucking operation is different. Your insurance costs should reflect:
- Your driving history: Drivers with clean records and no demerit points typically qualify for lower premiums, while those with infringements may face higher rates reflecting increased risk.
- The routes you travel: Metropolitan deliveries often attract different rates than regional routes, while interstate and outback journeys crossing multiple territories may require specialised cover reflecting diverse road conditions and distances.
- The cargo you carry: Dangerous goods and high-value freight naturally attract higher premiums due to increased liability and risk, whereas standard freight generally qualifies for more standard rates.
- Your vehicle’s value and specifications: Newer vehicles with advanced safety features can reduce premiums despite higher replacement costs, while specialised rigs for unique cargo may require tailored policies reflecting their specific risk profile.
- Your claims history: A pattern of previous claims signals higher risk to insurers resulting in increased premiums, while demonstrating years of claim-free operation can substantially reduce your insurance costs.
Get a Fair Deal Today
Our network of Australian insurers compete for your business, which means better rates for you. On average, clients who switch to policies through Ideal Insurance Brokers save up to 30% on their annual premiums.