What Full Coverage does

Full Coverage LLC is an independent commercial trucking insurance brokerage headquartered at 406 E. New York St, Indianapolis, Indiana. The firm operates as a licensed intermediary — not a direct carrier — comparing quotes from 30+ A-rated commercial trucking insurers in a single application. Its product surface spans primary liability (BIPD), motor truck cargo, physical damage, non-trucking liability (bobtail), trailer interchange, general liability, occupational accident, surety bonds (BMC-84), and FMCSA filings (BMC-91/91X, MCS-90, BMC-32). Specialty risk expertise — particularly new authority operators, hot shot, tow/wrecker, hazmat, and prior cancellations — is sourced through E&S market relationships with James River, Markel, and Scottsdale, which are not available through standard admitted carriers like Progressive or GEICO for sub-2-year authorities.

The underlying technology is a brokerage platform that integrates real-time FMCSA SAFER/SMS public data via a free Carrier Safety Lookup tool covering 4.4M+ motor carriers and pre-fills approximately 80% of quote applications from government records. A separate Fleet Savings Calculator and a CSA Score Insurance Impact Tool provide lead-generation and educational content surfaces. The firm is licensed in 46 states, BBB accredited, and the principal — Nazar Mamaev — holds TRIP, CDS, TRS, ARM, and CRIS certifications.

The business model is commission-based: Full Coverage earns 10–15% of premium paid by carriers rather than the customer, which is structurally identical to a direct-carrier purchase price. The book of business spans owner-operators (leased and authority), new authority operators, fleets of 10–500+ trucks, hot shot operators, and tow/wrecker operators. Go-to-market is digital-first via SEO-optimized state pages, a free 25-page 2026 Commercial Truck Insurance Cost Report, and free tools, with all channels funneling to either a phone line (317-427-5599) or a web application (lookup.myfullcoverage.com/apply) handled directly by the principal without call-center routing. Premium financing partnerships with AFCO and Imperial PFS enable monthly-pay options for fleet customers.

Name

Full Coverage

Legal name

Full Coverage LLC

Website

https://myfullcoverage.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Full Coverage LLC is an independent Indianapolis-based commercial trucking insurance brokerage that compares quotes from 30+ A-rated carriers across 46 states, serving owner-operators, new authority operators, fleets, and specialty risks (hot shot, tow, hazmat) on a carrier-paid commission model.

Ownership category

akta.pro rank

Product category

Commercial Truck Insurance Brokerage

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (52421), Insurance Agencies and Brokerages (524210)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Commercial Auto & Fleet Insurance (FSAJAMAB)

akta.pro secondary industry

Commercial Auto & Fleet Liability Insurance (Primary) (TLABANAA)

Keywords

• Commercial truck insurance
• Trucking insurance brokerage
• Fleet insurance coverage
• Owner-operator insurance
• Fmcsa filing services

Headquarters

HQ city

Indianapolis

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Insurance Brokerage Commission: Full Coverage LLC acts as a licensed independent insurance broker. It collects commissions (typically 10–15% of premium) paid directly by insurance carriers for policies placed. The cost to the customer is the same as going direct to a carrier; the company's value is comparison shopping across 30+ markets and claims advocacy.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels9 records

Core offering

Full Coverage is an independent commercial truck insurance brokerage that compares quotes from 30+ A-rated carriers through a single application, providing specialized coverage for owner-operators, fleets, new authority operators, hot shot operators, and tow/wrecker operators across 46 states. The firm files FMCSA Forms BMC-91 and BMC-91X on behalf of clients, provides claims advocacy, and operates digital tools including a Carrier Safety Lookup powered by FMCSA data.

Product overview

Full Coverage operates as an independent commercial trucking insurance brokerage platform that connects truckers with 30+ A-rated insurance carriers. The core offering is a comparison shopping service across multiple insurance products including Cargo Insurance, Truckers Liability (BIPD), Physical Damage, Fleet Insurance, Owner-Operator Insurance, and New Authority Insurance. These are complemented by sub-products such as Non-Trucking Liability (Bobtail), Trailer Interchange, General Liability, Occupational Accident Insurance, Surety Bonds (BMC-84), and FMCSA Filings. The platform provides free digital tools including a Carrier Lookup Tool accessing FMCSA data, a Fleet Savings Calculator, and a CSA Score Insurance Impact Tool. The company does not underwrite policies itself but acts as an intermediary, handling the entire quoting, binding, and filing process for customers.

Differentiator

Problem solved

Functional benefit

Products and services

• Owner-Operator Truck Insurance Commercial truck insurance placed for single-truck owner-operators through a multi-carrier comparison platform. Designed for independent owner-operators needing liability, physical damage, cargo, and ancillary coverages.
• New Authority Truck Insurance Insurance placement services for newly authorized trucking operators, including filing of FMCSA Forms BMC-91 and BMC-91X to satisfy federal active insurance requirements. Targeted at operators launching new motor carrier authority.
• Fleet Truck Insurance Multi-unit commercial trucking insurance program for fleet operators, bundling auto liability, physical damage, cargo, and ancillary coverage across multiple power units and drivers.
• Hot Shot Truck Insurance Specialized insurance for hot shot trucking operations (typically pickup-and-trailer combinations hauling time-sensitive loads), addressing cargo and liability exposures distinct from standard long-haul trucking.
• Tow and Wrecker Truck Insurance Specialty commercial truck insurance for tow and wrecker operators, including on-hook towing coverage and garage-related exposures. Targeted at tow/wrecker service businesses.
• Workers' Compensation for Truckers Workers' compensation coverage placed for owner-operators and fleets in the trucking industry, structured around commercial driving exposures.
• Specialty / Industry-Specific Truck Insurance (Construction, HazMat, Petroleum, Waste, Refrigerated) Commercial truck insurance placement tailored to higher-risk industry segments including construction hauling, hazmat, petroleum transport, waste haulers, and refrigerated/frozen food carriers.
• FMCSA Filing Services (BMC-91 / BMC-91X) Submission and management of federal FMCSA Forms BMC-91 (motor carrier) and BMC-91X (broker/freight forwarder) evidence-of-insurance filings on behalf of clients.
• Claims Advocacy Services In-house advocacy for commercial trucking clients during the claims process, helping operators navigate and resolve claims with their carriers.
• Carrier Safety Lookup Tool Online lookup of FMCSA carrier safety records used by prospective clients during the quoting process, powered by FMCSA SAFER data to pre-populate carrier information into applications.

Quantifiable outcome

• Saves $3,000–$8,000 per truck per year for specialty risks (new authority, hot shot, tow, prior cancellations) compared to single-carrier direct quoting
• +3 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature2 records

Partnerships

Twelve partnerships are on record, tiered core, major and supporting.

• Progressive CommercialcoreTechnology or IntegrationProgressive Commercial is the largest truck insurer in the U.S. Full Coverage has a direct appointment with Progressive and shops Progressive alongside 30+ other carriers for owner-operators and small fleets. Progressive's Smart Haul telematics program can save drivers an average of $1,261. Rated A+ (Superior) by A.M. Best.
• Canal InsurancecoreTechnology or IntegrationCanal Insurance specializes in long-haul trucking and for-hire carriers, rated A (Excellent) by A.M. Best. Full Coverage's most important new-authority carrier — Canal will write 0-year MCs that Progressive declines. Primary choice for operators with no operating history or prior cancellations.
• Liberty MutualmajorTechnology or IntegrationRated A (Excellent) by A.M. Best. Strong for mid-size and large fleet programs, offering all commercial lines including worker's comp and GL bundle. Inland Marine and General Liability are competitive additions to truck insurance packages.
• Protective InsurancecoreTechnology or IntegrationRated A (Excellent) by A.M. Best. Owned by Berkshire Hathaway since 2021. Aggressive on new MCs with clean CDL years. Full Coverage shops Protective alongside Canal for new authority placements. Also offers occupational accident coverage.
• National InterstatecoreTechnology or IntegrationRated A (Excellent) by A.M. Best. Specialty trucking insurance company with strong fleet programs for 10–100+ power units. Per-unit rate breaks at 10/25/50 trucks. Full Coverage uses National Interstate for fleet-tier pricing programs.
• Berkley OnemajorTechnology or IntegrationRated A+ (Superior) by A.M. Best. W.R. Berkley group subsidiary. Strong appetite for clean fleets with proper safety programs. Provides customized commercial auto programs with broad endorsements.
• Old RepublicmajorTechnology or IntegrationRated A+ (Superior) by A.M. Best. Best fit for 50+ unit fleets considering a captive program structure. Full commercial trucking and group captives for large fleet programs.
• Northland Insurance (Travelers)majorTechnology or IntegrationRated A+ (Superior) by A.M. Best. Travelers subsidiary specializing in specialty trucking. Will quote risks others decline — prior cancellations, tow, hazmat. Full Coverage uses Northland for hard-to-place accounts.
• Federal Motor Carrier Safety Administration (FMCSA)coreTechnology or IntegrationFMCSA is the federal regulatory agency governing commercial trucking. Full Coverage integrates with FMCSA SAFER/SMS databases via its Carrier Safety Lookup tool and uses FMCSA data to pre-fill 80% of applications. Handles BMC-91, BMC-91X, MCS-90, and BMC-32 filings with FMCSA as part of policy binding.
• James River Insurance (E&S Market)supportingTechnology or IntegrationA-rated surplus lines carrier used for non-standard risks (3+ CSA BASIC alerts, prior cancellations, controlled substances violations) that cannot be placed in standard admitted markets.
• Markel (E&S Market)supportingTechnology or IntegrationA-rated specialty trucking insurer used for hard-to-place and specialty trucking class risks that fall outside standard carrier appetites.
• Scottsdale Insurance (E&S Market)supportingTechnology or IntegrationE&S surplus lines carrier used alongside James River and Markel for high-risk accounts that standard carriers decline or surcharge heavily.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Simply Business: Digital commercial insurance broker (owned by Travelers) serving small businesses across verticals including commercial auto. Similar multi-carrier comparison and online quoting model targeting SMB customers.
• NEXT Insurance: Digital commercial insurance carrier/broker (acquired by Allianz) offering small business commercial auto and trucking policies online. Competes for the same SMB owner-operator and small fleet customer with a similar digital application path.
• Smart Choice: National commercial insurance agency franchise and broker network that shops multiple carriers for small commercial risks including trucking. Competes for the same owner-operator and small fleet customer segment.
• Reliance Partners: Large independent commercial trucking insurance brokerage with multi-carrier appointments and a fleet-focused book of business. Closest direct peer in terms of specialization in trucking and carrier-broker distribution model.
• CoverWallet: Digital-first commercial insurance brokerage (acquired by Aon) serving small and mid-market businesses across multiple verticals including commercial auto and trucking. Operates a similar multi-carrier comparison model and digital application experience.
• Hiscox: Specialty commercial insurance carrier/broker with a strong small business commercial auto offering and digital application experience. Targets the same SMB commercial customer with similar online quoting and multi-channel distribution.

Emerging players

• OOIDA: Owner-Operator Independent Drivers Association operates a captive/affinity insurance program for its 150,000+ member truckers. Competes with Full Coverage specifically in the leased owner-operator and new authority segments via member discounts.

Others

• National Interstate Insurance: Specialty trucking insurance carrier owned by Great American Insurance. Functions as a core carrier partner for Full Coverage's fleet programs but also writes directly and through other agents, making it a supplier that can also bypass the broker channel.

Broad incumbents

• Progressive Commercial: Largest direct writer of commercial truck insurance in the U.S. and a core carrier partner of Full Coverage. Competes head-on with brokers on standard risks via direct digital applications and telematics-based pricing.
• GEICO Commercial: Direct writer of commercial truck insurance and another core carrier partner. Disintermediates brokers for standard risks through its direct digital channel and brand recognition.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/full-coverage-llc-insurance

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Full Coverage