Whether an owner-operator or running a transportation fleet, truck insurance is an important element of keeping professional drivers on the road or serving customers. This type of coverage offers a range of solutions to keep you protected.
Every operation has its own uniqueness and potential risks. Regardless if drivers are operating semis, flat beds, tow trucks and more, tailored coverage is available. Below are a few types of insurance to consider:
- General liability: This is a broad coverage focused on third-party liability. It offers protection for injuries or damages that happen on your property or while your services are being used. It can also protect breach-of-contract issues. Options are available to further tailor it to your needs.
- Truck liability: While on the road, this protects you in the case of damage or injuries due to an accident. State and federal agencies requires this type of coverage.
- Physical damage: The vehicle and trailer equipment is covered with this insurance. It is considered first-party insurance and offers options for your specific operations.
- Pollution: Any discharge or pollutants can be protected. When transporting hazardous cargo, additional coverage may be necessary.
- Motor truck cargo: Once a customer’s good are in your hands, you are responsible for the cargo. This insurance can help protect you in the case of lost or damaged goods.
The above list is only a few of the truck insurance options available. An insurance expert can help determine what specific coverage your business may need.