Trucking Liability Insurance – Avoid Damaging Claims Against You
Trucking companies are required by law to carry certain types of insurance in order to legally operate a truck. There are many different types of coverage available to truck drivers, and they all come with different premiums and exclusions. It is important to understand what is included in your policy, and what is not, before you purchase coverage. In many cases, to drive a truck, one must have liability insurance which will cover damage and injuries to others if you are at fault in an accident. While on the road, you also need secondary trucking insurance as well, as a barebones minimum. More info
However, for many drivers, this is not enough. Some states are no-fault states, meaning that there are no accidents or tickets when a driver is operating the vehicle. For this type of driver, it is extremely important to have sufficient personal auto insurance in order to protect them financially if the time comes when they are responsible for making a claim against the company. This kind of trucking insurance typically covers the damages and injuries that would happen to the truck and the other individual’s vehicle in a mishap. Due to this, when you’re shopping around for trucking insurance, you may want to think beyond primary trucking insurance to include coverage that may be needed in situations where the driver is at fault for some of the accidents that take place.
There are many different factors that will go into determining what types of policies will be available to you, and it is important that you understand these before you choose trucking insurance to protect your vehicle and your business. For many drivers, having adequate coverage will be their primary concern, but it is also wise to make sure that your insurer has policies that will allow for a no-fault clause so that they do not become personally liable for any accidents that happen on the roads. You should consider all of the options that are available to you, but know that the most important thing that you can do is to make sure that you are properly insured in order to be prepared for any accidents that could take place.