Types of Truck Insurance

Truck Insurance

Whether you own one semi-truck or 100 of them, you need a truck insurance policy. Here are some of the most common types of coverages under commercial truck insurance, and the benefits of having them.

General Liability

This policy offers broad protection from personal injuries or damage of property that might occur to customers at your place of business. It also protects you if you are ever accused of breach of contract.

Truck Liability

Truck liability differs from general liability in that it is specific to accidents involving the truck. Because truck collisions have the potential to cause serious damage and injuries, this required policy is usually the most expensive.

Physical Damage

Damage insurance protects the large investment you have made in your equipment. It can be a broad policy, or cover only certain situations where you are at greatest risk. The higher the deductible, the lower your monthly premium.

Pollution Coverage

If you transport hazardous materials, protecting yourself from liability is extremely important. Because most liability policies exclude pollution, you may need a truckers pollution endorsement or even a separate policy to cover this risk.

With so many options available, there is no reason to skimp on coverage. Talk to your insurance agent about what combination of coverages is right for you.