Truck Insurance, also known as commercial motor insurance, is a specialised policy designed to protect commercial vehicles from physical damage or loss, along with damage or injury to third parties and their property. Whether you’re a owner-driver or manage a fleet, having the right insurance coverage is crucial to safeguard your assets and finances. Enhance your safety with these important insurance policies:
(Insurance for Non-owned Trailers)
Non-owned Trailers or Trailers in Control Insurance is an extension of the towing vehicles insurance coverage and not a standalone cover. Typically insurers will provide basic Trailer In Control Liability coverage automatically. This coverage typically extends the policy to include claims involving the trailer for which you are for liable, however, broader comprehensive coverage is also available.
Here are the insurance coverages that matter most:
Bus insurance is a specialised type of commercial vehicle insurance designed to provide coverage for buses used in various capacities, such as public transportation, school transport, tour buses, shuttle and charters services. This insurance helps protect bus operators from financial losses resulting from accidents, damages, or other incidents involving their buses. Shield yourself with these essential insurance choices:
Fleet Insurance allows larger organisations the ability to simplify their insurance requirements, whilst obtaining bespoke coverage to suit their needs that typical motor fleet policies simply can not accommodate, all whilst obtaining premium savings over multiple individual policies.
(Insurance for Fully Owned Trailers)
Commercial Trailer Insurance covers your trailer(s) in the event of physical damage or loss. Liability coverage on trailers is typically limited, as the towing vehicle liability extends to cover damage to third parties as a result of driving related activities. Given the various trailer combinations, it is important to ensure that you have the correct coverage.
It is designed to protect both earthmoving machinery and their operators from various risks. Whether you’re a contractor or manage a fleet, this insurance is essential for safeguarding your assets and finances. Maximise your protection with these select insurance coverages:
Road construction equipment insurance protects the owners and operators of vehicles and machinery used in road construction projects. It covers various risks associated with operating and owning these specialised vehicles and equipment. Consider These Insurance Plans for Total Peace of Mind:
Mobile Crane Insurance or Crane Truck Insurance is designed for mobile cranes mounted on trucks or vehicles used for transportation. It protects the crane and the truck, considering the special risks of operating and moving these heavy machines. Here are some key insurance coverages you should consider:
Forklift Insurance is a commercial insurance policy designed for businesses that use forklifts. It protects against third-party claims, property damage, and other business exposures related to the operation of forklifts. Here are the insurance coverages to keep you protected
Tractor Insurance is vital for protecting both tractors and their operators during agricultural or commercial work. It covers accidents, theft, damage, and liability problems. Different policies are available to suit various types of tractors and their uses. Getting the right insurance is essential for reducing financial risks and giving peace of mind to tractor owners and operators. Enhance Your Safety with These Important Insurance Policies:
Get ready to protect your business?
Wherever you are in Australia, we’re here for you. Call 1300-815-344 for a quote, talk to our brokers, or use our online form.
Our experienced brokers can help you choose the right insurance package. We adhere to tight rules and consistently provide the best service.
Help is available if you run into trouble. Our customer support team is here 365 days a year. We’ve got your back in every situation.
Covers up to 10 vehicles – ideal for self-employed clients and small to medium-sized businesses, such as electricians, real estate agents, landscape suppliers, traders and local delivery carriers.
Truck and Machinery insurance is very similar to car insurance in that there are two components involved: Comprehensive insurance and Third Party Insurance.
Comprehensive Insurance is insurance that covers damage done to your own insured truck or machinery and covers repairs caused by things that are unexpected such as faire, theft, collision or weather related events.
Third Party Insurance – This type of insurance covers damage to other people’s vehicles and property. If your truck or machinery is damaged at the same time or in the same event and the accident is your fault then it will not be covered for repairs.
Marine cargo insurance is also referred to as Carriers Insurance and covers the value of goods that are being transported.
The radius in which the truck will operate or the straight line distance from the base of operations to the furthest destination.
What you carry in your truck impacts your premium. If for example you move general freight such as boxes and cartons this will be vastly different to refrigerated goods, livestock or dangerous goods.
When it comes to the person driving the truck we must know if the person is under 25 years of age and also, if they have been licensed to drive a truck for less than 2 years. You will also need to provide information on traffic infringements, loss of license or any criminal convictions.
If you have a fleet of trucks and you are using inexperienced prime mover drivers for example who are transporting dangerous goods, livestock or refrigerated items then the configuration of the trailer and the radius they are travelling is factored in to the quote.
Similar to a No Claim Bonus when insuring your car, every year spent without accident a 10% no claim bonus up to a maximum of 50%.
