Why Your Trucking Company Needs Bobtail Liability Insurance

Having the proper type of trucking insurance is always important, but with so many options available today, it can be confusing to know which plan is right for your unique needs. Its easy to overlook bobtail insurance, yet it remains important for many commercial vehicles — as it covers your trailer when it is not attached to your truck. With several unique elements, bobtail insurance is one of the most vital coverage options your company can purchase.

How Does Bobtail Liability Insurance Help You?

Regardless of whether or not your truck is on the move, the bobtail is its most valuable component. It is quite common for truck owners to focus on comprehensive plans that handle the vehicle as a whole — which generally means coverage while the vehicle is on the go. However, you'll still face risks even after you've dropped off your cargo and unhitched your trailer. While your risk level is different than that for regular trucking insurance, you will still want protection. Bobtail insurance can provide you with adequate coverage in these situations.

What You Need to Know

Bobtail insurance ranges widely in terms of value. Most policies need to have $1 million or more in liability insurance, as truck trailers are high-value vehicles. However, you can add additional coverage at a nominal rate in most situations. In addition to liability protection, you'll need to protect the actual vehicle itself from losses related to fires, theft, vandalism or storms. Since your business is dependent on the bobtail's functionality, you'll also want to consider business interruption coverage if you own and operate your own business. Physical damage, collision insurance and medical payments coverage are all available as well.

With the proper bobtail liability insurance in place, you can operate with minimal risk, regardless whether or not you're actively hauling a load. The right protections can play a big difference in the way you operate your vehicle and what you do once you unload cargo. Update your policy to reflect this type of protection.

Get the right coverage for your fleet. Call Integrity Network Insurance Group, LLC at (844) 524-4744 for a free trucking insurance quote.

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