What Does Basic Trucking Insurance Cover?

Trucking insurance comes in a variety of forms. Each type offers a different level of coverage. Whether your trucking company is just getting off the ground or is one of the largest in the industry, it pays to have coverage that is fitting to the on-the-ground operations. Working closely with an insurance company can help you to minimize the risks of winding up with the wrong policy. However, there are other steps you should take when comparing coverage, including looking at various basic and specialized packages.

What Is Basic Coverage?

Basic trucking insurance provides coverage for comprehensive and collision risks. It provides the same type of protection for damage you may have on your traditional vehicle. This coverage can help pay for repairs, for example, if the vehicle is involved in a vandalism incident or is stolen. Collision coverage protects your company's assets specifically from collisions, including damage from an accident caused by the driver. Basic trucking coverage is essential.

What Other Trucking Insurance Do You Need?

Specialized coverage is necessary for some commercial trucking companies. For example, you may need cargo coverage with a high coverage limit if you are carrying very expensive goods. You may need coverage that protects against the overheating or overcooling of your cargo. Depending on the type of operations you manage, your insurance should cover all risks revolving around the cargo and the truck itself.

In addition, most commercial trucking insurance policies extend coverage to liability. Perhaps one of the most valuable types of coverage is liability insurance for trucks. This helps minimize your risks on the road in situations where your truck may be involved in an accident brought on by negligence.

Every business is unique. Every trucking company needs comprehensive coverage that minimizes every risk. A single accident on the roadways can cost a trucking company millions of dollars in today's competitive industry. Trucking insurance is there to soften this blow and minimize the outright damage to your company's finances from such an incident. However, if you do not have specialized protection that reduces risks, you could be facing loss anyway. Customize your policy to your business by working closely with your agent.

Protect your fleet. Call Integrity Network Insurance Group, LLC at (512) 989-6006 for more information on the trucking insurance policies we offer.

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