What is the average cost of insuring a semi truck?

The cost of semi truck insurance is generally quite a bit more than what it costs to insure a regular vehicle. As of 2010, the price of semi truck insurance could be anywhere from $1000 to $2000 per year depending on what factors are involved. Some of the factors that can affect your insurance rates are your driving record, the make and model of your semi, and the type of cargo that you will be hauling. In some cases, the insurance could also be affected by the amount of annual revenue that you bring in as a truck driver.