What Kind of Insurance Does a Trucking Company Need? - The Insurance Stops

What Kind of Insurance Does a Trucking Company Need?

What Kind of Insurance Does a Trucking Company Need?

“I run a professional trucking company. What kind of insurance does a trucking company need?”

What Kind of Insurance Does a Trucking Company Need? - The Insurance Stops
What Kind of Insurance Does a Trucking Company Need? – The Insurance Stops

Fantastic question! If you run a transportation or freight business, then you probably didn’t even know that large trucks require their own insurance policies until now. But it’s true, and it’s extremely important for trucking companies to protect their drivers as well as other drivers on the road. So, what kind of insurance does a trucking company need, and how can you get covered as quickly as possible? Let’s talk about it in more detail!

But first: who are we?

We’re a team of licensed insurance professionals who specialize in a wide variety of insurance areas. We’re on a mission to make insurance an easy-to-understand subject so you can start making better insurance decisions for yourself. So, in this blog, let’s find out: what kind of insurance does a trucking company need? Then, we’ll tell you how you can easily start comparing policies for your trucking business for free.

 

So, what kind of insurance does a trucking company need, and why is it important?

Trucking companies generally need a type of insurance called “commercial trucking insurance”. Commercial trucking insurance covers all of your commercial trucks in the event of an auto accident.

So, why is this so important? Let’s say that your business relies heavily on your commercial trucks. Now, let’s say that one of your drivers gets into an accident and ruins one of your commercial trucks. One of your trucks is now out of commission and you are no longer able to operate at full capacity — at least not until you have the truck repaired. Not only that, but you’re also facing an injured driver and maybe even other injured drivers who were on the road that day! What would you do in this circumstance?

If you had commercial trucking insurance, you wouldn’t have to worry about what you’re going to do. You’d already know what to do, and you’d be fully covered in the process!

 

What does commercial trucking insurance cover? 

If you’ve been wondering, what kind of insurance does a trucking company need, then chances are, you’re not too familiar with what commercial trucking insurance covers. So let’s break it down.

Commercial trucking insurance typically has:

 

  • Bodily injury liability coverage (for if your driver injures or kills another driver on the road).
  • Property damage liability coverage (for if your truck causes damage to another person’s vehicle or property).
  • Medical payments, no-fault, or personal injury coverage (for if a passenger is injured in an accident that one of your drivers caused).
  • Uninsured motorist coverage (for if your truck is damaged by an uninsured, underinsured, or hit-and-run driver).
  • Comprehensive physical damage coverage (for if your trucks are vandalized, robbed, damaged in a flood or fire, etc.).
  • Collision coverage (for if your truck is damaged in an auto accident).

 

 

Start comparing policies for free!

If you need commercial trucking insurance, then we’re here to help! We’ll answer all of your questions about commercial trucking insurance, and we’ll even help you compare policies for free! Request your free consultation today to get started!  

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