Commercial Truck Insurance

Commercial truck insurance is a collection of particular vehicle insurance plans created to cater to the demands of trucking companies. Your trucks are covered by standard commercial trucks insurance plans in the case of an accident. The majority of losses from a variety of risks are covered by collision and comprehensive coverage.

Commercial truck insurance provides coverage for various aspects of trucking operations, including:

Liability Coverage: This covers damages and injuries caused to others in an accident where the insured truck is at fault. It includes bodily injury liability, which pays for medical expenses and lost wages of injured parties, and property damage liability, which covers damage to other vehicles or property.

Physical Damage Coverage: Also known as collision coverage, this protects the insured truck against damage caused by collisions with other vehicles or objects, regardless of fault. It typically covers the cost of repairing or replacing the truck.

Comprehensive Coverage: This covers damage to the insured truck caused by non-collision incidents, such as theft, vandalism, fire, natural disasters, or falling objects.

Cargo Insurance: This covers the value of the cargo being transported in the event of theft, damage, or loss during transit. Cargo insurance can be tailored to specific types of cargo and transportation needs.

Uninsured/Underinsured Motorist Coverage: This protects the insured truck and its occupants if they are involved in an accident with a driver who lacks sufficient insurance coverage or is uninsured.

Medical Payments Coverage: This pays for medical expenses incurred by the driver and passengers of the insured truck, regardless of fault, in the event of an accident.

Trailer Interchange Coverage: This provides coverage for physical damage to trailers that are not owned by the insured but are in their care, custody, or control.

Non-Trucking Liability Coverage: Also known as bobtail insurance, this covers the truck when it is being driven without a trailer for personal use or under circumstances not related to business operations.

We provide cheap 24 to 72 hour plans for owner-operators who need short-term or temporary coverage to move a vehicle. For people who need to transport a truck from the place of purchase to their house or take one for repairs, these policies are helpful.

Physical damage and short-term main liability coverage are both offered.

Our short term policy pricings are listed as:

• 1 days – $140
• 2 days – $240
• 3 days – $340
• 4 days – $440
• 5 days – $540

Trucking insurance covers damages such as collision, theft, fire, explosions, as well as various other physical damages.

The vehicle’s weight influences the cost of insurance policy. Higher coverage limits are needed for heavier vehicles, which raises the cost of insurance. 

Trucking insurance might also be more costly in some locations. The cost of trucker’s insurance will be greater if you run your truck or vehicles primarily on congested roadways or in areas where the cost of living is high.

The cost of trucking insurance also depends on the kind and value of the cargo being transported.

Drivers or owners of larger vehicles like dump trucks, cargo vans, and automobiles weighing more than 15,000 pounds often require commercial truck insurance.

Typically, filings are finalized 48 hours after the request is made.

Your truck policy depends on the level of coverage you pick. However, if you take adequate commercial truck insurance then you protect your vehicles from events that could damage the truck and the drivers operating it. Whenever you buy a insurance policy, you need to look for:

• Physical damage coverage
• Primary liability
• Uninsured/underinsured motorist
• Medical payment coverage
• Non-trucking liability
• Trailer interchange
• Motor truck cargo
• On-hook towing
• Garagekeepers legal liability
• General Liability

• Box truck
• Hotshots
• Dump truck
• Tow truck
• Semi truck
• Pickup truck

• Non-accidental damages like wear and tear, mechanical breakdown, improper operation, etc.
• Damages occurring due to irresponsible driving such as traffic violations, the influence of alcohol, etc.
• Losses arise in the event of war, nuclear risks, intentional damages, etc.

• Trailer interchange
• Non-owner trailer coverage
• Reefer breakdown coverage
• Hazmat insurance (if you transport hazardous material)

• Not be reimbursed for the losses you suffer in the incident.
• Not be paid the no-claim bonus.
• Get penalized if you are not carrying the proper truck policy.

Tools are typically not covered by standard commercial truck insurance policies. Commercial truck insurance primarily focuses on covering the truck itself, cargo, liability, and related aspects of trucking operations. However, some insurance providers may offer optional coverage or endorsements that extend coverage to tools and equipment carried in the truck.

If tools are an essential part of your business operations and are regularly transported in your commercial truck, you should discuss your specific needs with our team to discuss potential options. We can advise you on available options for protecting your tools and equipment.

In many case, yes, employees or workers who operate your commercial trucks as part of their job duties are typically covered under your commercial truck insurance policy. Commercial truck insurance policies often include coverage for both the truck itself and the individuals who operate it, including:

Liability Coverage: This protects your business if your employee is at fault in an accident that causes injury or property damage to others. It covers legal fees, medical expenses, and damages awarded in lawsuits resulting from the accident.

Medical Payments Coverage: This pays for medical expenses incurred by your employees or workers if they are injured in an accident while operating the insured truck, regardless of fault.

Uninsured/Underinsured Motorist Coverage: This protects your employees if they are involved in an accident with a driver who lacks sufficient insurance coverage or is uninsured. It covers medical expenses and lost wages if the other driver is at fault and cannot pay for damages.

Worker’s Compensation Insurance: While not typically part of a commercial truck insurance policy, worker’s compensation insurance is a separate coverage that provides benefits to employees who are injured or become ill in the course of their employment. It covers medical expenses, rehabilitation costs, and lost wages for injured employees and helps protect employers from potential lawsuits related to workplace injuries.

It’s essential to review your commercial truck insurance quote or policy carefully to understand the extent of coverage provided for your employees and workers. Additionally, you may want to consider obtaining workers’ compensation insurance to ensure comprehensive protection for your employees and compliance with legal requirements in your jurisdiction.