Exploring the Different Types of Coverage for Commercial Trucks

Commercial trucking is the backbone of many industries, ensuring that goods and products reach their destinations. However, with the open road comes many potential risks and liabilities. Numerous types of commercial truck insurance coverage are available for commercial trucks designed to help provide financial protection when the unexpected happens.

Commercial Auto Liability Insurance 
Commercial auto liability insurance is the cornerstone of any trucking insurance policy. It may help provide financial protection against bodily injury and property damage liability claims. This coverage is crucial because it safeguards your business against legal claims and helps compensate others for their injuries or damaged property.

Georgia trucking companies must carry minimum commercial auto liability insurance to comply with state laws. Federal regulations about liability insurance also apply to truck owners and trucking companies.

Your agent can help you get appropriate liability insurance coverage that complies with state and federal regulations.

Physical Damage Insurance 
Physical damage insurance provides coverage for your commercial truck and trailer. This coverage may help for damages to your vehicle resulting from collisions with other vehicles or objects, regardless of who is at fault. It may also help cover losses not resulting from a collision, such as theft, vandalism, fire or natural disasters.

Physical damage insurance is essential for protecting your truck investment and ensuring it stays on the road.

Cargo Insurance 
Cargo insurance is designed to protect goods in transit. It may help cover damage or loss of cargo due to accidents, theft or other unforeseen events while in transit. Cargo insurance is particularly critical for trucking businesses as it helps mitigate the financial risk of damaged or lost freight.

Trailer Interchange Insurance 
Trailer interchange insurance may help cover the trailers’ physical damage while in your care, custody or control.

Bobtail Insurance 
Bobtail insurance may help cover your truck when it is without a trailer, including traveling between loads and driving home after unloading.

Non-Trucking Liability Insurance 
Non-trucking liability insurance is designed to provide coverage when the semitruck is not being used for commercial purposes. It may help protect owner-operators from liability claims whether or not there’s a load attached at the time of the incident.

Contact Us 
Operating a commercial trucking business comes with risks and liabilities. Having the right insurance coverage in place is not just a smart business move; it’s often a legal requirement. Contact Trucking Insurance Services in Cumming, Georgia, for a personalized commercial trucking insurance quote.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information. 

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