Truck Insurance Coverage

What Are the Different Types of Truck Insurance?

Finding out the cost of your trucking insurance starts with figuring out which insurance type you need. Different types cover different damages.

Here are the most common ones that you should consider:

General liability insurance covers property damage, medical bills, and lawsuits
Trucking liability insurance covers physical damage from accidents
Bobtail insurance covers damages when you’re using your truck without a load
Physical damage coverage covers damages caused by vandalism, theft, or natural disaster

Worker’s Compensation

If you own a trucking business, you’ll also have to consider worker’s compensation insurance. This is a state-mandated coverage that pays your employees’ medical costs.

Injuries covered by workers comp include:

Injuries suffered from an accident
Stress injuries from loading and unloading cargo
Illnesses related to driving trucks

The policies you choose depend on your status as an owner or operator. If you employ multiple drivers, you’ll have to purchase those policies. Truck drivers working on a lease will have to look at their contracts to see what they need.

Get the Right Commercial Truck Insurance Rates Today

Figuring out the cost of trucking insurance can be confusing. Nevertheless, it’s an important component of any trucking business. Use this guide to understand what goes into assessing insurance rates and how that affects your company’s budget.

Looking for reliable local trucking insurance? Shopping around for commercial trucking insurance? Contact us today and we can get you started on a solution!

About Us

Protecting Futures

Having the right insurance coverage in place is critical for any Independent Trucker/Owner Operator Motor Carrier. Without it, a single incident could put you out of business. Worldwide insurance offers a complete range of affordable truck insurance to truck owner-operators and fleets. We are one of the most experienced commercial trucking insurance specialist in USA. We provide answers to your questions when you need them.

Assessing Need

Many financial experts will tell you some unforeseen events and a lack of the right kind of insurance can spell trouble quickly. Call us today, and we'll analyze your insurance needs and get you covered quickly at the right price.

Building Relationships

Everyone has different insurance needs. Call us today for a personalized business or individual assessment and find out how we can help protect your hard-won assets.

Frequently Asked Questions

Please contact us if you cannot find an answer to your question.

What is Cargo insurance?

Cargo insurance is an exemplary risk management tool that protects against financial losses due to lost or damaged cargo. The cargo insurance coverage includes events mentioned in the policy like vehicle accidents, cargo renunciation, damage due to natural calamities, acts of war, piracy, etc. It covers up to the limit of an amount insured and is different from carrier liability.

What is Uninsured Motorist Coverage?

This coverage provides payment for any medical expenses, or in some cases property damage, that may have been caused by a hit-and-run driver or an uninsured driver. Underinsured motorist coverage (when the at-fault driver has insurance but not sufficient insurance to cover the damage caused) may also be included depending on the type of policy.

What is a deductible?

A deductible is an amount that you're responsible for in the event of a loss. This is the amount you pay out-of-pocket, and insurance covers the remainder.

What is a Property Damage Liability Coverage?

If your vehicle accidentally causes damage to another person’s vehicle or property, this coverage can protect you. That can include legal defense expenses depending on the type of policy purchased.

Insuring a Bright Future

Truck Insurance Coverage