It’s not uncommon for truckers to experience accidents, theft, or other unforeseen disasters while on the road, which is why trucking insurance is so crucial for them. However, trucking insurance can be a bit confusing, and it can be challenging to get a clear picture of what it covers. If you’re a trucker or are interested in becoming one, it’s vital to know what is covered by truckers insurance.
Today we review some of the most common insurance coverages available to truckers. Keep in mind that not all policies include all the types of protection described here, so be sure to review your policy and talk to your insurance agent to ensure you have the right protection in place.
Liability Insurance
The first type of truckers insurance to know about is liability coverage. Liability coverage will protect you from any accidents that are your fault. The coverage will pay for any damage you caused to another truck, car, or property. Depending on the type of liability coverage, your policy may cover bodily injury or property damage, or both.
Physical Damage Coverage
Physical damage coverage will protect your truck in case of theft, collision, or other physical damage. As a trucker, your truck is your livelihood, and physical damage coverage will help minimize potential financial losses in case of damage. Physical damage coverage is not mandated by law, but it’s essential to have this coverage.
Cargo Insurance
Cargo insurance is unique to the trucking industry and will protect your cargo. Cargo can be anything from goods to vehicles. Cargo insurance becomes particularly essential if you transport valuable goods. Your coverage will pay for any damage to your cargo if it’s stolen, damaged, or lost while on the road. Not having cargo insurance could lead to significant financial losses, which could be detrimental to your trucking business.
Bobtail Insurance
Bobtail insurance protects your truck when it isn’t carrying a trailer. If you’re driving your truck home after a delivery or on your way to pick up a trailer, you don’t want to be without insurance. Bobtail insurance will protect you from any unforeseen accidents while driving your truck without a trailer.
Wrapping It Up
As a trucker, you can never be too safe while on the road. Unexpected scenarios can happen and derail your business, but having trucking insurance can help minimize the financial losses. It’s essential to know the different types of trucking coverages available so you can make an informed decision about which one to invest in. Understanding the coverage these policies offer is vital, and it ensures you are protected while on the road.
Need Trucking Insurance? Uniserv Is Here To Help
Whether it’s life insurance or business insurance, we offer a wide range of insurance solutions to protect the things you value the most.
We serve companies and individuals all over California. Call 888-698-6473 today or fill out the contact form to get the dependable protection you deserve.
