About Commercial Truck Insurance

Commercial truck insurance offers different types of coverage and different coverage amounts. It’s important to get a variety of quotes from different companies to find the best one. Research the company to make sure they have a good rating and reputation.

Types of commercial trucks are box trucks, semi-trucks, front loaders, auto haulers, trailers, tractors and more. There are different types of insurance for different types of trucks. Insurance coverage may include general liability, workers compensation, occupational accident, cargo and trip transit. Bobtail insurance is for independent commercial truck drivers. It covers the truck when it's being cleaned, worked on or when the trailer isn't attached. State and local regulations have different laws regarding the type of insurance needed for different trucks.

Primary liability insurance is required for trucking companies and truckers. It covers the cost of damage if the trucker is the cause of an accident. This type of coverage is only for the other driver. Physical damage insurance also covers damage in an accident for the truck and trailer. This may include collision insurance, fire and theft insurance and full comprehensive insurance.

Cargo insurance is important in case cargo is damaged or lost while being carried to a location. Some insurers have different restrictions for the policy terms or claims. The amount of insurance premiums depends on the value and kind of cargo that’s carried. There’s usually a certain load limit allowed in the trailer. Trip transit cargo coverage is used if the cargo insurance doesn’t have enough limits to cover the load.