Hunter NelsonOwner of Nelson Insurance Agency

Master Policy: Save Thousands on Trucking Insurance!

25 Nov 2025 · 1 min

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0:56

Hunter Nelson explains the master policy as a way for owner-operators to access lower trucking-insurance rates by joining a larger "master" insurance policy. He frames it as an FAQ topic, then walks through a worked example contrasting an individual costed premium (~$9,100 total) with a lower per-person share under a master policy (example totals shown as $4,600), claiming a savings of about $4,500 for the owner-operator who switches to the master policy.

Questions this video answers

$9,100

$4,600

$4,500

Chapters

So I get a lot of people ask me about this, what kind of coverage do you need and what does it do, why do you need it, and all this sort of stuff. So one way you guys can get around this is called a master policy. So what you guys can do is get a master policy, incentivize these owner wrappers to come on. Or, you know, if you're an owner operator, go find somebody with a master policy because you might be able to find a larger policy with cheaper rates. Now you got $1,100 plus 8,000 because it's 8% rate. You're now at 9,100 bucks. So this owner rapper now is paying 9,100 bucks. He's like, gosh dang, I don't have to worry about that. What if you got him a master policy where everybody's nto. Was? We'll call it $600, 100 bucks, 4,600 bucks. And you just saved them $4,500 to come to you.