Physical Damage Coverage for Hot Shot Truckers
Physical damage coverage protects your truck and trailer from collision, comprehensive perils, and everything in between. We insure 1-ton pickups, dually setups, and flatbed trailers at stated value or ACV — including your custom equipment.
What it covers
- Collision damage — accidents with other vehicles, objects, or rollover
- Comprehensive — theft, fire, hail, flood, vandalism, and falling objects
- Custom equipment on your truck — toolboxes, fifth-wheel hitches, gooseneck balls
- Trailer physical damage for goosenecks, flatbeds, and step-decks you own
- Towing and roadside assistance after a covered loss
- Rental reimbursement while your truck is being repaired
Who it's for
- Owner-operators who depend on their truck as their primary income source
- Hot shot carriers with newer 1-ton trucks carrying significant loan balances
- Truckers who\u2019ve added custom equipment not covered by standard policies
- Operators with trailers worth more than $5,000 that need separate coverage
Why CCA
- We insure at stated value — you choose the amount, not the depreciation schedule
- We include custom equipment in your valuation upfront, not as an afterthought
- Our carrier partners specialize in working trucks — they understand commercial use
- We walk you through ACV vs. stated value so you make the right choice for your rig
Common questions about physical damage coverage
For newer trucks with significant value, stated value locks in a higher payout than ACV (which deducts depreciation). For older high-mileage trucks where market value is clear, ACV may be fine. We compare both options when we quote you.
Not automatically. Trailers you own need to be specifically listed on the policy. We\u2019ll inventory your trailer(s) and add them with their own stated values.
The payout goes to your lender first. If your truck\u2019s insured value is less than your loan balance, you\u2019ll owe the difference — that\u2019s the gap that GAP insurance covers. We can discuss whether you need it.
Yes. Contractors Choice Agency is licensed in all 50 states and actively writes hot shot trucking programs nationwide. Your agent can write your policy regardless of where you\u2019re based or which states you operate in.
Contact your carrier\u2019s claims department directly using the number on your policy documents, or call us at 844-967-5247 and we\u2019ll assist with the process. We aim to acknowledge all claim contacts within 2 hours during business hours.
Many of our carrier partners offer monthly payment plans, sometimes with a small finance charge. We\u2019ll present payment options when you review your quote so you can choose what works for your cash flow.
NPN 8608479 is the National Producer Number for Contractors Choice Agency — our license identifier with state insurance departments. You can verify our license at the NIPR website using this number.
Call or email us anytime. Mid-term changes — adding a trailer, updating cargo limits, or adding a driver — are processed quickly and we\u2019ll issue updated certificates the same day in most cases.
We work with multiple A-rated commercial trucking carriers and select the best fit for your operation, driving record, and cargo type. We\u2019re not captive agents — we shop the market on your behalf.
Contractors Choice Agency is located at 12220 E Riggs Road, Suite #105, Chandler, AZ 85249. We serve clients nationally by phone and email.
Our agents are available Monday through Friday, 8am to 5pm Mountain Standard Time. You can also submit quote requests online at any time and we\u2019ll respond the next business day.
Yes. Once your policy is bound, we issue your certificate of insurance immediately. Most carriers also provide digital policy documents same-day.
We work with carriers who specialize in non-standard and high-risk trucking accounts. A poor MVR or prior loss history will affect your premium, but we have markets for most situations. Be upfront about your record when requesting a quote.
Yes. Trucks under 26,001 lbs GVWR don\u2019t require a CDL in most states, and many hot shot operators run legally without one. We write programs for both CDL and non-CDL carriers.
Property damage liability (part of your auto liability) covers damage you cause to someone else\u2019s property with your truck. Cargo coverage protects the freight you\u2019re hauling — a different exposure entirely. Both are essential for a complete hot shot program.
If you\u2019re hauling for compensation across state lines, you need an MC number. Intrastate carriers may only need a USDOT number depending on the state. We can help you determine the right authority type for your operation.
Yes. We can pair your trucking program with business owner\u2019s policy (BOP), umbrella, or occupational accident coverage. Bundling can simplify renewals and sometimes reduce overall premium.
Pair it with related coverage
Get a Hot Shot Insurance Quote
FMCSA filings, cargo, and physical damage — quoted fast and bound same-day.