What Does Commercial Truck Insurance Cover?

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

1.    There are many distinct varieties of commercial trucks, including tractor-trailers, dump trucks, tow trucks, straight trucks and pickup trucks. Industrial truck insurance covers each of them. This kind of insurance can be bought by owner-operators for one truck or for companies which need to cover an entire fleet of trucks. Regardless of which one of these categories that you encounter, commercial truck insurance is required in order to drive a commercial truck.

Basic Provided Coverages

2.    Commercial truck insurance is a lot like personal automobile coverage, it gives standard protections like comprehensive and collision, general liability, uninsured/underinsured driver protection and health care payments. Unlike personal auto insurance you usually can get commercial auto insurance by providing less information than you would have to provide for a personal auto coverage.

Specialized Coverages for Commercial Trucks

3.    Commercial truck insurance generally includes specialized business-related coverages that further protect you and your enterprise auto. These coverages are often more technical than what a standard policy provides. Motor truck freight is 1 kind of additional coverage which affords protection against lost, stolen or damaged freight in transit.

Motor truck cargo insurance may also provide protection against terrorism. Trailer Interchange policy protects the insured against losses for non-owned trailers being pulled by their trucks that are insured. Non-trucking (bobtail) liability features protection to owner-operators who are permanently rented to a ICC-regulated carrier. This provides coverage for trucks when not being used directly for business purposes, such as if a truck is bobtailing and goes to a truck clean or into a store for repairs.

There are tons of different types of policy which you can get to your commercial car insurance. Be sure to always ask your insurance broker if you don't understand any portion of the coverage in your policy. Often various insurance providers cover unique things under the same type of insurance policy.

Other Insurance Services

4.    Many insurers, and their agents, provide help with ICC (Interstate Operating Authority) compliance and filings. In California for instance, insurance providers can also do an electronic filing that's needed by the DMV in order to issue a MCP or motor carrier license. This submitting from the insurance company is known as the MCP65 filing. ICC or MCP65 filings are often done electronically nowadays and can be done same day.