If you are driving a commercial vehicle, especially a semi-truck, then you need commercial truck insurance to protect yourself and your rig from personal injury lawyers and lawsuits. This also applies to business owners who own, lease or use vehicles for multiple people.
In general, if you encounter wreckage, most policies will cover your medical expenses and expenses. The current health care price and the severity of most car accidents cannot be underestimated, even at the lowest speeds.
Your policy should cover underinsured and uninsured drivers. If you have a shipwreck and the faulty party has no insurance or insufficient insurance to cover the damage done to you or your truck, then your insurance company should provide insurance for others there.
It should also include your car cargo. This is very important if you are shipping something very valuable. This may be almost anything, but you don't want your goods to be in trouble due to a car accident.
Make sure your commercial truck insurance covers personal injury, property damage and liability. If you are not covered by an insurance company, you may be taken to court and forced to pay damages or medical expenses from your own pocket.
Don't forget to make sure you get car damage insurance, vehicle theft, fire or other types of damage by collision. In addition to medical expenses, car repairs may be the second most expensive thing that insurance can cover for you. Don't pay for repairs because of the repair costs in your pocket, and make sure your policy is covered.
There are many standard options and customizable policies. Let's take a look at some standard packages. After the loss is covered, business interruption insurance will protect you or your company from wage losses.
Umbrella Insurance provides customers with a much higher liability limit than the average major commercial truck insurance policy.
Tools and equipment insurance will protect your tools and equipment stored in your company's vehicles. This is closely related to cargo insurance, ensuring that your manifest is insured during transport or storage, so you can rest assured that your product is safe.
In the United States, uninsured driving is illegal, and driving commercial trucks without commercial truck insurance is just stupid. Keep yourself safe and get in touch with your local insurance agent.