What are the different types of commercial truck insurance?
Commercial truck insurance is important for both fleet owners and drivers. There are multiple levels of insurance that fleet owners and drivers have to choose from. So what are the different types of commercial truck insurance?
Basic Commercial Truck Insurance Coverage
The most-basic commercial truck insurance includes collision and comprehensive insurance coverage. This coverage includes all physical damage and truck repair up to the established actual cash value.
Specialized Coverage Insurance
Specialized coverage is great for drivers or owners looking for coverage related to specific situations or scenarios. This can include special liability or cargo coverage. Coverage can include bodily injuries along with damage to the property of others.
Another form of insurance is non-trucking related coverage. These insurance policies can cover situations when the truck is travelling without a trailer or when the trailer is empty.
Speaking with an insurance professional is the best way to know what kind of coverage you or your business will need. Every case is different, and commercial truck insurance is an important way to ensure you are covered while on the roads.