Trucking Insurance
Trucking Insurance
Trucking insurance, also known as commercial truck insurance, is a specialized form of coverage designed to address the unique risks associated with the transportation industry. Trucking insurance provides protection for businesses and individuals who operate commercial trucks, including long-haul truckers, freight carriers, and owner-operators. Here’s an overview of key aspects related to trucking insurance:
Types of Trucking Insurance:
Primary Liability Insurance:
- Coverage: Mandated by law, primary liability insurance provides protection against bodily injury and property damage caused to others in the event of an accident where the truck driver is at fault.
Cargo Insurance:
- Coverage: Protects the goods or cargo being transported against damage, theft, or loss.
Physical Damage Insurance:
- Coverage: Covers damage to the insured truck itself, whether caused by a collision, vandalism, or other covered perils.
Non-Trucking Liability Insurance (Bobtail Insurance):
- Coverage: Provides liability coverage when the truck is not under dispatch and not hauling cargo for the motor carrier.
Motor Truck General Liability Insurance:
- Coverage: Offers liability protection for non-driving-related incidents, such as injuries that occur at the trucking company's premises.