How Does Commercial Insurance Works for Trucks?

​Commercial truck insurance protects small business owners or owner-operator trucking services. It is mostly for larger companies, so insurance can be costly for small business owners that only own one to two trucks. Different options are available depending on the type of truck, goods transported, and the driver's risks. 

Types of Commercial Insurance for Trucks
Every truck has a different role. The number of drivers who drive the commercial trucks, the miles traveled, and the risks will affect the type and amount of needed coverage. 

There are several types included in the category of commercial trucks. Here are some:

1. Tractor-trailers or 18-wheelers
2. Dump or garbage trucks
3. Flatbed trucks
4. Tank and box trucks

Coverage of Commercial Insurance for Trucks
Like any other policies, commercial insurance for trucks comes with different kinds of coverage. Each one of them is explicitly designed to help protect the business and personal assets of the owner. Some of the coverage included are:

• Physical Damage 
  The physical damage coverage helps in paying the costs of your vehicle’s damage from an incident. It protects the commercial truck when physical damage occurs like collision, comprehensive, theft, fire, and more.
• Uninsured Motorists 
  This insurance covers the costs of damages and injuries if the employee or the driver gets into an accident. This time around, the other party is at fault and does not have any insurance to cover the property and injury damage. 
• On-Hook Coverage
  This one is for coverage of repairs or replacement of trucks that are not owned by the business if damaged by collision, explosion, or theft when towed or hauled. 
• Commercial Liability for Trucks
  This coverage is for risks if the owner of one of the drivers causes an accident. This commercial liability includes bodily injury and will cover the medical expenses for the injured party. It also pays for the costs of legal defense.

Takeaways
There are many other types of coverage for trucks. Business owners can opt to structure their policies depending on their specific concerns. For example, employees may need to drive their vehicles in the business course; the owner may want to get a non-owned vehicle policy. 

At Kapasu Insurance Services Inc., we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (760) 995-3853 or Click Here to request a free quote.