Have you heard of insurance premium financing? As you may know, insurance for truckers cost a bit more than your personal car insurance. Actually, acquiring and paying for insurance is one of the biggest obstacles in the trucking industry. It’s also mandatory. This is were premium financing comes into play. Premium financing is the advancing of money to a person or company to cover the cost of an insurance premium. This allows you to acquire the insurance you need and get to work now instead of breaking the bank up front.