Service Truck Insurance

Premiums typically range from $3,000 to $12,000+ per year depending on the vehicle value, fitout, tools carried and operating environment. A light-duty metro service vehicle will be at the lower end, while a fully equipped mine-spec truck sits at the upper end. Request a free quote from Shielded for an accurate price.

It depends on the policy. Some comprehensive motor policies include a sub-limit for tools and equipment, while others require a separate tools of trade or portable equipment cover. Given that a full tool loadout can be worth $20,000-$80,000, it's important to confirm the cover and limits with your broker.

The service body and permanently fitted equipment (crane, compressor, etc.) should be included in the total sum insured for the vehicle. Some insurers separate the cab-chassis value from the body/fitout value in their quoting. Either way, ensure the full replacement cost of the fitout is declared.

Yes, provided the operating environment is accurately declared on the policy. Mine site operations attract higher premiums due to increased exposure, but cover is available from specialist insurers. Many mine sites also require proof of public liability cover (often $20 million) before granting access.

Tool theft is covered under most service truck policies, subject to the policy's tools and equipment sub-limit. Insurers typically require that tools are stored in locked compartments and the vehicle is parked in a secure location overnight. Failure to meet security conditions may affect claim outcomes.

The crane itself should be included in the vehicle's sum insured as part of the fitout. Liability arising from crane lifting operations - such as damage to third-party equipment during a lift - is covered under the public liability component. Ensure both are adequately covered and declared.

Shielded compares quotes from specialist transport and commercial vehicle insurers including Zurich, NTI, CGU, Allianz, QBE, Vero and Hollard. NTI and Zurich are particularly experienced with mine-spec and heavy-duty service vehicles. The best insurer depends on the vehicle, fitout and operating profile.

In Australia, truck insurance typically includes comprehensive motor cover (accidental damage, fire, theft and weather), third party property damage, public liability, cargo/marine transit cover, downtime or loss-of-use cover, and personal accident insurance. At Shielded, we tailor a combination of these options to match your operation – whether you run a single rigid truck or a fleet of prime movers and trailers.

Several factors influence your premium including the type and value of your truck, your claims and driving history, the goods you carry, your operating radius (metro vs interstate), the level of excess you choose, and the cover options you select. For example, a prime mover hauling dangerous goods interstate will typically attract a higher premium than a light rigid truck doing local deliveries.

You can reduce your truck insurance costs by increasing your excess, bundling multiple vehicles or cover types into one policy, maintaining a clean claims history, and using an insurance broker like Shielded to compare quotes from multiple insurers. We compare rates from Zurich, NTI, CGU, Allianz, QBE and more to find competitive pricing for your situation.

In the event of an accident or claim, contact us at Shielded Insurance on 1800 97 98 99 or reach out to your insurer directly. We recommend notifying us as soon as possible so we can guide you through the claims process and help ensure a smooth outcome.

Yes, if you need full comprehensive coverage on a trailer you don't own, you'll need to list it on your policy. Some policies include default non-owned trailer coverage up to a certain limit (usually $50,000 to $100,000), but this typically covers liability only – not damage to the trailer itself. Talk to us about your towing arrangements so we can ensure you're properly covered.

Yes, comprehensive truck insurance policies in Australia include cover for both fire and theft as standard. Third party property damage policies do not include this – you need at least a third party fire and theft or comprehensive policy. If your truck is financed, your lender will usually require comprehensive cover.

Yes, if you're transporting dangerous goods (fuel, chemicals, gases etc.) you'll generally need specialist dangerous goods liability coverage. Limits can range significantly depending on the type of goods and the distances travelled, so it's important to discuss your specific requirements with us to ensure adequate protection.

Most truck insurance policies provide coverage across Australia, however some policies include a radius-of-operation limit based on what you declared when the policy was set up. If you travel outside your declared radius, additional excesses may apply or you may have issues at claim time. If your operations change, let us know so we can update your policy accordingly.

We compare quotes from a wide panel of Australian insurers including Zurich, NTI, HMIA, Penn, Global Transport (GT), ATL, CGU, Vero, Hollard, Allianz, and QBE. We're not limited to these – the best insurer depends on your truck type, what you carry, and how you operate. As brokers, we do the comparison work for you to find the most competitive and suitable cover.

Truck insurance premiums vary widely depending on the vehicle type and value, your claims history, the goods carried, and your operating radius. As a rough guide, a single rigid truck may cost between $2,000–$5,000 per year for comprehensive cover, while a prime mover and trailer combination could range from $5,000–$15,000 or more. The best way to get an accurate price is to request a free quote through Shielded.