Insurance Finder Australia Truck Insurance Calculator
Estimate your truck insurance needs with our Truck Insurance Calculator. Work out the right levels of cover to protect your truck, trailer/s, accessories and your financial livelihood.
'Calculator results are estimates only and not quotes. Actual quotes will be provided by licensed brokers after you submit an enquiry.'
Truck Insurance – Sum Insured Calculator
Work through each step to capture the replacement cost of your truck, trailers, fitted equipment and accessories to help avoid underinsurance.
Tip: If you only have a rough idea for an item, add “(estimate)” in the name and refine later.
Step 1 of 5
1) Vehicle details
Enter the truck/prime mover and its replacement value (excluding trailers and loose tools).
Do not include trailers or loose tools here.
Most commercial motor sums insured are set ex-GST for GST-registered businesses.
Shown on your summary only.
Next: add any trailers.
2) Trailers
Add each trailer and its replacement value.
3) Fitted equipment & modifications
Crane, tail lift, sleeper fit-out, bull bar, winch, toolboxes (fitted), hydraulics, etc.
4) Accessories & on-board tech
Tarps, gates, chains/straps, signage/wrap, GPS/telematics, dashcams, UHF, etc.
5) Results
Calculate your recommended vehicle sum insured (including selected GST treatment).
When you’re ready, calculate your recommended sum insured.
Heads-up: Cargo/freight, tools of trade, public liability, and downtime cover are not part of the vehicle sum insured.
Ask us about Marine Transit, General Property and Liability if needed.
Calculator outputs are estimates only and do not constitute quotes. Actual quotes will be provided by a licensed broker after you submit an enquiry.
Calculator outputs are estimates only and do not constitute quotes. Actual quotes will be provided by a licensed broker after you submit an enquiry.
How to use our Truck Insurance Calculator
Our Truck Insurance Calculator helps you estimate a realistic sum insured for truck insurance in Australia by adding up the replacement cost of your truck, trailer or trailers, fitted equipment, modifications, and accessories. Getting the sum insured right matters because underinsurance can leave you out of pocket after a total loss, while overinsurance can mean paying more premium than necessary.
How to complete the calculator for the best result:
1. Truck type: Select the option that matches your vehicle (for example prime mover, rigid, or LCV). This keeps your estimate aligned with typical market values for your category.
2. Make, model, year: Enter accurate details to reflect the real replacement market for your truck. If the truck has a unique specification, note that in the items you add later.
3. Base vehicle value (replacement): Enter what it would cost to replace the truck like for like today. Do not include trailers or loose tools in this figure.
4. Trailers: Use Add trailer and enter each trailer separately (including replacement value). This improves accuracy where multiple trailers are used across jobs.
5. Fitted equipment and modifications: Use Add equipment/mod for permanently fitted items and upgrades (for example hydraulic systems, custom bodies, tail lifts). Add realistic replacement costs, not original purchase prices if costs have changed.
6. Accessories and on-board tech: Use Add accessory for items like GPS, telematics, cameras, additional lighting, or other mounted tech you would replace after a claim.
7. GST treatment: Choose GST-registered to view totals excluding GST, or not GST-registered to view totals including GST, as many commercial sums insured are set ex-GST for GST-registered businesses.
8. Financier (optional): Add financier details for your summary if applicable.
How to interpret the results: The recommended sum insured is the combined total of your base truck, trailers, fitted equipment, and accessories. Use it as a starting point when requesting quotes and comparing cover options. If the figure feels low or high, review each component and update values to reflect current replacement pricing.
Important: This calculator provides general information only and does not consider your objectives, financial situation or needs. Results are estimates and not a quote. Consider the relevant Product Disclosure Statement and duty of disclosure, and note that cargo or freight, tools of trade, public liability, and downtime cover are not included in the vehicle sum insured and may need separate insurance.
The National Insurance Brokers Association’s revised Insurance Brokers Code of Practice is moving the sector further towards clearer communication, stronger client care and more consistent professional standards. For Australians who rely on insurance brokers to navigate complex cover, the development is more than an industry housekeeping exercise. It goes directly to how clients understand advice, remuneration, service commitments and complaint pathways. - read more
A fresh Australian Financial Complaints Authority decision has highlighted how broadly travel insurance exclusions for pre-existing medical conditions can operate, particularly where anxiety or another mental health condition is already recorded before a policy is bought. - read more
A fresh roundtable in Taree has put flood insurance affordability back under the spotlight, more than a year after the May 2025 floods devastated parts of the Manning Valley and Mid North Coast. The discussion, co-hosted by Insurance Council of Australia CEO Andrew Hall and federal MP Alison Penfold, brought together business and council leaders to examine why recovery alone is not enough when the underlying flood risk remains. - read more
Australia’s broker transparency debate has resurfaced after the National Insurance Brokers Association released the final draft of its revised Insurance Brokers Code of Practice for consultation. The issue centres on whether small business clients should automatically receive clearer disclosure about how their broker is paid, even when the policy they are buying is not treated as a retail insurance product under the Corporations Act. - read more
Choosing the right insurance broker is a crucial decision for your business. A good broker serves as an invaluable partner, helping you navigate the complex world of insurance. - read more
In the hustle and bustle of everyday life, securing the future of your family might not always be on the top of your list. However, understanding and obtaining the right insurance is crucial for your family's security. Life can be unpredictable, and having the appropriate coverage can provide peace of mind and financial stability when unexpected events occur. - read more
Insurance brokers play a vital role in helping individuals and businesses navigate the complex world of insurance. Unlike direct insurers who offer their own products, brokers act as intermediaries between clients and a range of insurance companies. Their primary goal is to find the most suitable coverage tailored to their clients' specific needs. - read more
When it comes to protecting your family's financial future, understanding the basics of life, trauma, and income protection insurance is crucial. These insurance types provide a safety net during challenging times and offer peace of mind for families. - read more
Knowledgebase
Aggregate Limit: The maximum amount an insurer will pay for all covered losses during a policy period.
