How Big Is The Trucking Insurance Pie?

How many Trucking Accounts are there in the US to be Insured?

Well the information is not exactly completely up to date but as of midyear 2010 we know the following:

There were:

Common Carriers- Over 76,000
Contract Carriers- Over 70,000
Common Carriers with Contract Authority- Over 16,500
Exempt Carriers- Over 84,000
Household Goods Movers- Over 3,400
Freight Forwarders- Over 1,600

That is over 250,000 accounts!!!

Can you imagine the amount of truck liability, physical damage, motor truck cargo, general liability, property, non-trucking, contingent, workers compensation, and umbrella premium being paid?

Food for thought....