Truck liability insurance protects you from damage or injuries to other people as a result of a truck accident and is usually the most costly portion of any trucking company’s insurance package. Truck liability coverage is also mandated by the State and Federal agencies and a form of proof is required to be sent to them in order to operate.
A bobtail truck does not have a trailer attached. Bobtailing means driving a cargo-carrying truck (semi-truck) without a trailer. Bobtailing often happens when a contracted truck driver is first sent out from dispatch to their pick-up site. Be careful not to confuse “bobtailing” with “deadheading,” which happens when driving a cargo-carrying truck pulling an empty trailer, i.e., containing no cargo.
Physical Damage insurance is the coverage for your truck and trailer. This coverage is for repair or replacement for damage resulting from things such as collision, fire, theft, hail, windstorm, earthquake, flood, mischief, or vandalism to your owned vehicles.
Truckers face a tremendous number of risk exposures, especially as they relate to the transportation of cargo. If cargo is damaged, lost, or stolen the hauler could be held responsible for any and all financial damages. That’s why it is imperative a viable Motor Truck Cargo Insurance policy is in place. At Statewide Risk Management, Inc., we can provide a Cargo Insurance policy to meet the needs of hauling companies or individual drivers alike. Our coverage can provide protection against damage caused by:
Fire | Collision | Theft | Vandalism
As the name implies this coverage pertains to very broad coverage other than automobile. Protection for injuries or property damage sustained while on your premises, using your products or services, or because of a breach of contract are some of the more customary types of risk this coverage is intended for.
