How much insurance do you need for hotshot?
You’ll need primary liability insurance as your base for your hot shot policy. According to the FMCSA, it requires a minimum of $750,000 in liability coverage for physical and property damage, bodily injury, and restoration post-accident.
Is a Hot Shot business Profitable?
When done right, hot shot trucking can be a lucrative business. You can choose to become an owner-operator — meaning that you own and operate a hot shot business under your own MC number — or you can lease on with another company.
What is hotshot insurance?
Hot shot insurance is for trucking operations specializing in the expedited transport of cargo. “Hot shot insurance” and “expediter’s insurance” are used interchangeably. Hauling expedited loads and hot shot freight is a choice job for many truckers.