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In the world of trucking, your prime mover is your lifeline. That’s where prime mover insurance steps in. It’s your comprehensive shield, covering your prime mover, trailers, cargo, and even your livelihood if the unexpected strikes.

So, what’s under this protective umbrella? Join us to discover what prime mover insurance covers and how Truck Insurance HQ can help you find the perfect policy. Buckle up for a journey through prime mover insurance like never before.

What Prime Mover Insurance Covers

Prime mover insurance offers a broad range of coverage options, ensuring you have peace of mind on the road:

  1. Accidental Loss or Damage: This includes coverage for accidental damage to your prime mover and associated equipment.
  2. Fire, Theft, Collision: Protection extends to incidents such as fire, theft, or collisions, which can cause substantial financial losses.
  3. Non-Owned Trailers in Control: Whether you own the trailer or not, prime mover insurance covers damage or loss to trailers under your control.
  4. Public and Products Liability: Liability coverage is crucial, and this insurance addresses potential claims against you for property damage or bodily injury.
  5. Downtime/Loss of Income: In the unfortunate event of an accident, this coverage ensures you receive income replacement while your prime mover is being repaired.
  6. Marine Transit/Carriers Cargo: If your business involves transporting goods, this coverage protects the cargo during transit.

What May Not Be Covered

Prime mover insurance typically doesn’t cover:

  1. Drivers under the Influence of Drugs or Alcohol: Any incidents involving drivers under the influence may not be covered.
  2. Breakdown: Mechanical breakdowns are generally not included in this insurance.
  3. Wear & Tear, Deterioration: Gradual wear and tear or deterioration are not part of the coverage.
  4. Lack of Maintenance: Neglecting regular maintenance can void certain claims.
  5. Certain Age and License Driver Conditions: Some policies may have specific age and license requirements.
  6. Underinsured Portion of Market Value: It’s important to ensure your coverage aligns with the true market value of your assets.

Prime Mover insurance claim example

Mark is a small business owner who relies on his prime mover for transporting goods across state lines. His primary client insists on a Certificate of Currency demonstrating coverage for his vehicle, the trailer he uses, the merchandise in transit, and his public liability. Mark also opts for downtime coverage to ensure he receives replacement income in case his truck becomes inoperable.

One unfortunate day, Mark encounters an accident that causes his truck to overturn, resulting in damage not only to his vehicle but also to the trailer and the cargo he was transporting. Thanks to his Prime Mover insurance package, Maria experiences a seamless claims process with a single insurer. They promptly assess his claim, cover the repair costs for both his truck and trailer, and compensate him for the income lost during the repair period. Remarkably, they also directly reimburse his client for the damaged goods, demonstrating the comprehensive nature of his coverage.

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How Truck Insurance HQ Can Assist You

Having the right Prime Mover Insurance will save you cold hard cash as you pay only for the cover you require and nothing more. One-size-fits-all all policies are expensive and may not even provide you with the cover you need when you have to file a claim. We insure Australian trucks with policies tailored to your business needs.

Let us help you protect your business with truck insurance for your prime movers. Whether you own a truck or a fleet, our quotes are affordable and our turnaround time is fast. With your information, we can deliver prime mover insurance based on the potential risks you face.

Prime Mover insurance covers all trucks and trailers. With the right truck insurance, you can get numerous benefits such as:

  • Other trailers on your cover
  • Towing expenses
  • Hire replacement vehicles
  • Debris removal/clean up
  • Emergency repairs
  • New vehicle replacement

We make it a point to provide tailored truck insurance at reduced costs by exploring options of higher excesses for certain provisions. It pays to insure with the experts.

We don’t stop at providing prime mover insurance as we can also provide cover for trailer insurance, public liability, and more. Contact us at Truck Insurance HQ today and be protected from risks with the leading truck insurance provider in Australia. We specialise in the truck and transport sector but can also provide you with all your insurance needs.

Call us today on 1300 815 344 or you can go online to request a quote and our specialist advisers will call you back.

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