Most new trucking ventures need a combination of liability coverage tied to their operations and business insurance for their company. What is truly required depends on how you run, whether you have your own authority, what your contracts demand, and whether you employ drivers. In practice, new ventures commonly need coverage for third party injury or property damage, protection for business assets, and workers’ compensation if they have employees. If you are hauling freight, you will also want to consider coverage that addresses cargo-related claims, since shippers and brokers often ask for it before awarding loads.