Commercial Trucking Insurance

Commercial Trucking Insurance

Keeping your trucks and drivers safe is always a top priority for trucking businesses. Despite taking every precaution, accidents can still happen. That’s where Commercial Trucking Insurance comes in.

Insurance Options for Carriers

Just like you focus on minimizing risks in your business, it’s important to have the right insurance coverage to protect your company from legal and financial liabilities.

Here are some key coverage options to consider:

General Liability Coverage:
This protects you from liabilities stemming from actions taken by your drivers while they’re on someone else’s property, such as at truck stops or loading docks.

Motor Truck Cargo Coverage:
Protects against risks like refrigeration breakdown, theft, or damage to cargo.

Primary Liability Coverage:
While it doesn’t cover your owned trucks, this insurance compensates for damages caused by employees driving commercial vehicles.

Physical Damage Coverage:
Essential for covering repairs or replacing equipment damaged in accidents or stolen.

Non-Trucking Liability Coverage:
Addresses damages that occur when trucks aren’t on official dispatch.

Commercial Truck Insurance Financial Cost

While the cost of insurance for semi-trucks may seem significant, the protection it offers far outweighs the expense. Prices typically range from $7,000 to $15,000, but obtaining several quotes can give you a clearer picture of your specific costs.

Why Trucking Insurance is Essential

Every trucking business needs insurance to protect against unforeseen risks. These coverage options are essential for comprehensive protection.

When starting a trucking business, finding the right insurance provider is one of the first steps to ensuring your investment is well-protected.

 

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