Commercial Truck Insurance – What You Should Look For In Your Cover

Truck Insurance

Commercial truck insurance, prime mover insurance, fleet insurance, mini fleet insuranceCommercial Truck Insurance
Owning a business is a big deal and protecting your business with insurance that actually covers what you need is critical. We all know about third party, comprehensive cover and the like, but have you considered the additional coverage types that you may or may not need? Eg. Motor Truck Freight Insurance? Is non-trucking (bobtail) liability applicable to you? Do you know what your current policy covers? Are aspects of your cover useless or are you missing some essentials? 

Which Sort of Commercial Trucks Are Covered under Commercial Truck Insurance?

There are a wide range of commercial trucks, that includes tractor-trailers, dump trucks, tow trucks, straight trucks and pickup trucks. Commercial pickup insurance covers these.

Basic Provided Coverages 

Truck insurance is a lot like personal car insurance, it offers standard covers, for example, comprehensive and collision, general liability, uninsured/under-insured driver cover and medical payments. Not like a personal car insurance policy, you can get commercial truck protection by providing less info than you would need to provide for a personal car policy.

Specialised Commercial Truck Insurance (Extra’s)

Commercial truck insurance commonly consists of specific business-related coverages that further cover you and your business automobile. These coverage types are generally more specific than what a standard policy offers. Motor truck freight is one sort of additional coverage which allows coverage against lost, stolen or damaged payload in travel. Motor truck payload protection can also offer coverage against terrorism.

Trailer Interchange coverage offers protection to the insured against losses to non-owned trailers being pulled by their protected trucks. Non-trucking (bobtail) liability provides coverage to owner-operators who’re leased for the whole life to a government regulated carrier. This offers protection for trucks when not being deployed directly for business use, for example, when a truck is bobtailing and goes to a truck wash or to a shop for repairs.

Choosing Your Insurance Company

You need to remember three things while selecting the insurance agency to trust: credibility, accessibility and completeness? Credibility implies that the agency must be genuine and trustworthy. Don’t simply believe in any agency who offers shabby policies. You must be fastidious and deal with an agency that has an astounding professional reputation.

Conclusion

Owning a business is a costly affair, particularly if you have trucking coverage. You can save money by looking for the best deals on commercial trucking insurance.
If you own a fleet of trucks, vans, plant/machinery – read on here for everything you need to know about fleet insurance.   

If you are looking for professional, experienced and trustworthy insurance brokers to get you the best deal on insurance to suit your needs, call Truck Insurance HQ and our team of insurance advisers will help you. With over 170 insurers to choose from Truck Insurance HQ can get you the best insurance tailored to your needs. Call the office on 1300 815 344 or go online and an insurance adviser will call you.

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