Whether you’ve been within the trucking insurance companies for years or are entering it for the first time, insurance is something you’ve probably thought of rather a lot. But must several types of trucking is insurance coverage is difficult, even which are more seasoned trucker. If you view the different kinds of insurance that truckers usually buy, consider, or go about will let you better customize your insurance package.
1. Primary Liability Insurance Primary liability insurance policies are the kind of insurance necessary for a driver in the usa to stay legal during the road. Drivers with these types of policies have coverage for others’ injuries and damage to others’ vehicles resulting from a car accident. For truck drivers to push legally, they must have $750,000 importance of coverage. This means that their insurance covers way up to $750,000 of injury or injury to the opposite party in an accident. If the accident is determined to be your fault, and more than this amount of damage is caused, then the injured party’s lawyers may seek further compensation from your personal wages and savings. This is why, some truckers decide to purchase a lot more than the minimum primary liability insurance. Truckers may purchase greater degrees of liability insurance that could pay for the damages that occur to a trucker’s own rig, in addition to the truckers’ injuries in the event of an accident.
2. General Liability Insurance Accidents don’t just happen when truckers are on the highway. Truckers spend a great deal of time parked in truck stop lots, waiting in rest stops, or loading and unloading. While truckers are either in or away from their rigs, accidents can occur involving another vehicle and your parked vehicle. In addition, thefts and vandalism are also possible. Truckers who want insurance to cover damages in these conditions should consider general liability insurance, which covers the vehicle in conditions other than on-the-road driving. Different insurance companies offer different types of general liability insurance that cover truckers during different conditions. Truckers who are interested in this type of insurance should consult with different insurance companies to view their options.
3. Motor Truck Cargo Insurance This type of insurance does not cover your vehicle, but instead the cargo that you’re carrying. This offers both the transportation company and the client the assurance that the items will get to where they need to be, or their loss will be compensated. If you are an owner operator, your company may require that you carry this type of insurance, to a specific amount.
4. Non-Trucking Liability Insurance Referred to as bobtail or deadhead insurance, this type of insurance covers the car when you’re no longer working. Typically, the company you are working for covers your motor vehicle if you’re on the job, however, if the truck is parked in your driveway, getting hired repaired, or otherwise not working. You may want to get this insurance to protect your investment in all circumstances.
Trucking Insurance Companies 1-800-513-3135.