What Does Commercial Truck Insurance Cover?


Published in Business Articles

Many people dream of the open road and the journeys that one can take due to the freedoms a big rig offers. The trucking industry is a crucial part of the economy and provides freedom for many. It’s also a dangerous industry with a high fatality rate, both from driving and working.

This is why any company with commercial trucks needs to protect themselves by investing in commercial truck insurance. This insurance can help protect your business against accidents and other potential issues. It can also work to protect the driver and other people on the road.

But what does truck insurance cover, and why is it required? Read on and we’ll go through the basics.

Minimum Coverage

Every commercial truck on the road is required to have a minimum level of insurance coverage. This is to protect both the trucker and the public in the event of an accident.

If you’re a small business owner with a commercial truck, you’re required to have some form of truck insurance. Depending on the size and weight of your truck, your business activities, and the states you operate in, your insurance requirements will vary.

However, when considering dump truck insurance, the minimum coverage is usually higher than the other types of commercial trucks. This is because dump trucks carry heavy loads that can cause extensive damage if they are involved in an accident.


The most important type of insurance for commercial truckers is liability coverage. This pays for any damage that occurs as a result of the trucker’s negligence. This covers physical injury to people or property, as well as ecological damage and even bodily injury.

If the trucker is found to be at fault for an accident, the insurance company will be responsible for paying the damages. Liability insurance does not cover the cost of repairing or replacing your truck, and it does not cover the cost of medical care for you or your passengers.

Additionally, your insurance may not cover damages if you are found to be driving under the influence of drugs or alcohol. If you are unsure what your insurance policy covers, be sure to speak with your agent or insurer.

Comprehensive And Collision

Most commercial truck insurance policies will cover both comprehensive and collision damage. This will help to cover the cost of repairing or replacing your truck if it is damaged in an accident. It can also help to cover the cost of any injuries that you or your employees may sustain in an accident.

It is important to understand the difference between comprehensive and collision coverage. Comprehensive coverage will protect your truck from damage caused by events such as fire, theft, or vandalism. Collision coverage will protect your truck from damage caused by accidents.

Whether you need comprehensive or collision coverage will depend on the type of business you have and the risks associated with your operation.

While the cost of this type of coverage can be higher than basic liability coverage, it is worth the investment to protect your business from potential financial losses.

Uninsured And Underinsured Motorists

Uninsured and underinsured motorist (UIM) coverage is insurance that protects you if you’re hit by a driver who doesn’t have enough insurance to cover your damages, or if the other driver flees the scene and is never found.

UIM coverage is important for two reasons. First, it can help cover your costs if you’re hit by a driver who doesn’t have enough insurance. Second, it can help you cover your costs if the other driver flees the scene and is never found.

If you have UIM coverage, it will kick in after the other driver’s insurance has paid out its limits. So, if you’re hit by a driver with $50,000 in liability coverage and your damages total $75,000, your UIM coverage would pay more than $25,000.

If you don’t have UIM coverage, you may be stuck paying out of pocket for the damages that exceed the other driver’s liability coverage. That’s why it’s important to make sure you have adequate UIM coverage on your auto insurance policy.

Medical Payments

If you’re in an accident while driving a commercial truck, medical payments insurance can help cover your medical expenses. This type of insurance is sometimes called “med pay” or “personal injury protection” (PIP). Coverage limits and deductibles vary by state and by an insurer.

It can help pay for things like hospital stays, doctor’s visits, and ambulance rides. It can also help cover the cost of prosthetic devices and funeral expenses. Generally, med pay benefits are usually paid regardless of who is at fault in an accident.

If you have medical payment insurance, be sure to keep your policy updated with your current medical information. This way, if you ever need to use your coverage, the insurer will have the most accurate information about your health.

Cargo Coverage

If you’re a trucker, you know that cargo coverage is important. After all, without it, you are responsible for any damage or loss to your shipment.

There are two kinds of cargo coverage including personal cargo and freight. Personal cargo insurance covers the belongings of the truck driver and passengers. This includes things like suitcases, laptops, and personal belongings.

Freight insurance covers the goods that are usually transported by truck. This includes things like food, livestock, and manufactured goods. This type of coverage helps to protect the trucker’s cargo in the event that it is lost, damaged, or stolen.

It can also help to cover the cost of replacing or repairing the truck if it is usually damaged in an accident.

Most commercial truck insurance policies include cargo coverage, but there are some important things to keep in mind. First, cargo coverage usually has a limit, so it’s important to know what that limit is. Second, you may need to buy extra coverage if you’re hauling high-value items.

Talk to your insurance agent to make sure you have the right commercial truck coverage for your business. With the right policy, you can rest assured that your cargo is protected.

Getting the Right Commercial Truck Insurance

Commercial truck insurance usually covers liability, physical damage, and medical payments. In the event of an accident, it will help to cover the cost of repairs or replacement. It is important to make sure you are fully covered when operating a commercial truck.

Speak with your insurance agent to make sure you have the right coverage for your needs.

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