🗓️ Last updated: June 2026·User-input estimate · CAD · no rates or insurer pricing baked in
🍁 Canada Tool
🇨🇦 Canadian Commercial Trucking Insurance Cost Estimator
Add up your commercial insurance premiums and see what they really cost you. Enter your own CAD figures for each coverage and get the total annual and monthly cost, plus insurance cost per kilometre, per load, per truck, and as a share of revenue. An estimate from your numbers — no rates, no insurer pricing, not a quote.
🛡️ Your Insurance Premiums (CAD)
Enter the premiums from your own broker, insurer, or policy. The greyed examples are placeholders to overwrite — every figure is yours. Leave any coverage you do not carry blank.
Pick once for all the premiums below. Monthly amounts are multiplied by 12 to annualize.
📋 Liability Coverages
🚚 Physical & Cargo Coverages
Any coverage not listed above — e.g. trailer interchange, pollution, or umbrella.
📊 Allocate It (optional)
Add any of these to convert the total into a per-kilometre, per-load, per-truck, or percentage-of-revenue cost. Leave blank to skip that output.
Total Annual Insurance Cost
—CAD
sum of every premium you entered, annualized
Total Monthly Insurance Cost
—CAD
total annual ÷ 12
Cost Per Kilometre
—
Cost Per Load
—
Cost Per Truck
—
% of Entered Revenue
—
Liability Subtotal
—
Physical & Cargo Subtotal
—
This tool is for planning only. It uses the insurance cost numbers you enter to estimate annual, monthly, per-kilometre, per-load, and revenue-based insurance cost impact. It is not an insurance quote, legal advice, compliance advice, financial advice, or coverage recommendation. It does not determine required coverage, adequate coverage, legal minimums, insurer eligibility, or whether your trucking business is properly insured. Actual insurance costs and requirements vary by province, carrier profile, equipment, cargo, operating history, insurer, broker, and coverage terms. Confirm coverage and pricing with a licensed insurance broker, insurer, legal advisor, or qualified professional.
Know what insurance really costs per kilometre and per load
Commercial insurance is one of the largest fixed costs in Canadian trucking, and it is easy to lose track of when it arrives as a stack of separate premiums — primary liability, cargo, physical damage on the tractor and trailer, bobtail or non-trucking liability, and general liability. On their own those numbers are hard to reason about. Spread across the kilometres you drive, the loads you haul, and the revenue you bring in, they tell you something useful: how much of every kilometre, every load, and every revenue dollar goes to staying insured.
This estimator does exactly that allocation. Enter each premium you actually pay — annually or monthly — and it sums them into a total annual and monthly cost, then divides that total by your kilometres, loads, trucks, and revenue to show the cost per unit. It is built the QuicklyFig way: pure user-input math, no rates assumed, no insurer pricing, no quote. Change any premium and the whole picture updates instantly.
Figure
Formula
Annualized premium
premium × 12 if entered monthly, otherwise the premium as entered
Total annual insurance
sum of all annualized premiums
Total monthly insurance
total annual insurance ÷ 12
Cost per kilometre
total annual insurance ÷ annual kilometres
Cost per load
total annual insurance ÷ loads per year
Cost per truck
total annual insurance ÷ number of trucks
Insurance % of revenue
total annual insurance ÷ annual revenue × 100
Use the per-kilometre and percentage-of-revenue figures as planning benchmarks you can track over time and compare against the rest of your operating costs. They reflect only the premiums you enter, so they are as accurate as your inputs. This tool does not price coverage, recommend coverage, or judge whether your insurance is adequate or compliant — for that, work with a licensed insurance broker or insurer.
Frequently Asked Questions
What does this trucking insurance cost estimator do?
It totals the commercial insurance premiums you enter — primary liability, cargo, physical damage, trailer physical damage, bobtail/non-trucking liability, general liability, and any other coverage — and converts that total into operating units: annual cost, monthly cost, cost per kilometre, cost per load, cost per truck, and insurance as a percentage of your revenue. Every figure is built only from the numbers you type. It is a cost-allocation calculator, not an insurance quote.
Does this give me an insurance quote or tell me what coverage I need?
No. It does not generate a quote, price any coverage, or recommend coverage. It does not determine required coverage, adequate coverage, legal minimums, insurer eligibility, or whether your business is properly insured. It only does arithmetic on the premium amounts you already have. For a quote, required coverage, and whether your policy is sufficient, speak with a licensed insurance broker or insurer.
How is each cost figure calculated?
If you enter premiums monthly, each is multiplied by 12 to annualize; annual premiums are kept as entered. Total annual insurance is the sum of all annualized premiums. Monthly insurance = total annual ÷ 12. Cost per km = total annual ÷ your annual kilometres. Cost per load = total annual ÷ loads per year. Insurance as a percentage of revenue = total annual ÷ annual revenue × 100. Cost per truck = total annual ÷ number of trucks. Any divide-by-zero (a blank or zero denominator) is skipped rather than shown.
Does it use real insurance rates or market pricing?
No. There are no rates, rate tables, risk-class multipliers, or insurer pricing of any kind baked in, and the estimate does not reflect actual market pricing. The example numbers are placeholders you overwrite with your own broker, insurer, or policy figures. Actual insurance costs vary by province, carrier profile, equipment, cargo, operating history, insurer, broker, and coverage terms.
Can I use this for a fleet, not just one truck?
Yes. Enter your total premiums across the operation and, if you like, the number of trucks to see an average insurance cost per truck. The per-kilometre, per-load, and percentage-of-revenue figures work the same way at any size — they simply divide your total annual insurance by the kilometres, loads, or revenue you enter. It remains an estimate for planning, not a quote or coverage assessment.
Budgeting your whole operation?
QuicklyFig is building Canadian trucking and freight tools. Free to calculate. Pro to save your insurance and cost scenarios in your Owner-Operator Command.