The Brutal Reality of Truck Ownership Costs in Australia

As a truck owner, you’re likely generating around $160,000 – $220,000 in annual revenue per truck in your fleet.

But the expenses are crushing:

• $80,000 on fuel
• $50,000 on tolls
• $8,000 on registration
• $20,000 on maintenance
• $15,000-$20,000 on insurance
• Plus potential $10,000 in fines…

We can’t help with fuel prices or toll costs – but we CAN significantly reduce what you’re paying for insurance.

That can make the difference between barely breaking even and actually turning a profit.

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.

Case in Point: Anthony’s Insurance Overhaul

Anthony was paying $2,035/month for a policy that left him exposed – his coverage didn’t include the right radius or freight type.

We restructured his policy, got him fully covered, and cut his premium to $1,775/month – saving him $3,120 for a year!

Don’t Let Insurance Costs Drive You Off the Road

Take 2 minutes to discover how much your fleet is overpaying right now.

Start by selecting your state: