If you want to become an owner-operator or offer trucking services, you have to consider trucking insurance. Your trucking insurance will depend on the type of truck, the kinds of goods carried, the experience of your driver and the level of risk involved.
Unsure where to start with trucking insurance? The Owens Agency LLC in Waldron, AR has a guide on different trucking coverages you can consider.
- Primary liability coverage: This coverage is mandatory in Arizona. It protects you against bodily injuries and property damage your truck causes to other people.
- General liability: If your truck causes damages to another person’s property, this coverage comes to your rescue. For instance, if your truck damages a truck stop or delivery location, this coverage comes into play. It also covers delivery errors.
- Physical damage: It has cost you money and time to finance your truck. As such, you need to protect your truck against perils like theft, accidents, vandalism, and natural disasters. Trucking insurance compensates you for repairs and even replacement of your truck following damage by a covered risk.
- Motor truck cargo: This coverage covers the contents of your truck should it become stolen or damaged.
- Bobtail / non-trucking liability: It covers you when your driver is using your truck for personal reasons or is off dispatch.
- Medical payments: It covers the medical expenses of the driver and passengers following an accident.
- Uninsured/underinsured: This coverage protects your truck should it collide with a motorist carrying insufficient or zero insurance.
- Reefer breakdown coverage: If you own refrigerated trucks, this coverage protects you against lost cargo, refrigerator breakdown, damaged cargo, and so on.
Trucking Insurance in Waldron, AR
If you want to cushion yourself financially from costly bills should any of your truck is involved in an accident, you must invest in trucking insurance. Ready for trucking insurance? Get in touch with The Owens Agency LLC for an affordable quote.
