Hunter NelsonOwner of Nelson Insurance Agency

Protect Your Valuable Trucks Essential Insurance Guide!

7 Aug 2026 · 1 min

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0:31

In this concise informational video, Hunter Nelson warns truck owners and operators that new commercial trucks can cost between $200,000 and $300,000, especially when equipped with custom add‑ons. He explains that many operators under‑insure these high‑value assets, often purchasing coverage far below the true replacement cost. This under‑insurance can leave businesses exposed to large out‑of‑pocket losses—potentially $50,000 or more—if a claim occurs. Hunter’s purpose is to educate the audience about the financial risk of insufficient coverage and to urge them to secure adequate insurance that fully protects the value of their trucks and the overall health of their business.

Chapters

Uh, your trucks are very valuable. Brand new trucks can be $250,000, $200 grand. I've even heard of some going up to $300 grand. Obviously it'd be something very, very nice there, but it's a lot of money on the line. And to just go out there and insure for 3 or to, we'll call it $200,000 and you think it's all sitting pretty when you got all this custom equipment and additions to it and you get paid $50,000 less than what you're expecting. Uh, it's a big deal. It's a lot of money. So I wanted to educate you guys on that, give you an idea so you're prepared and make sure your business is protected.