Daily BulletinDaily Bulletin


Truck Insurance Frequently Asked Questions

  • Written by News Company

Commercial truck insurance is a specific grouping of insurance auto policies developed to cover trucking needs for trucking owner-operator safety.

The trucking insurance policies begin with primary liability and then that’s built upon other additional insurance coverages. Most of the time, primary liability truck insurance is required as part of a trucking license as it protects people and property from any damage caused by your truck.

What are the general Truck Insurance Coverages?

Commercial truck insurance is essential coverage for small businesses needing trucking services or an operator offering trucking services.

The options available differ according to the type of truck, the risks it may incur, the goods transported, and the number of years’ experience the driver has.

So the insurance package you choose for your venture might include more than a handful of different types of coverage.

What is a Basic Truck Insurance Coverage?

The basic coverage of truck insurance consists of coverage for accidents in the form of a collision, and comprehensive insurance.

Collision damage insurance covers the costs related to the damage done by the other vehicle from an accident in which you were at fault, as well as the damage is done to your truck.

Comprehensive insurance works similarly to regular motor vehicle insurance, which covers the cost of repairs performed on your truck at the maximum value that's covered other than a collision.

What is a Specialized Truck Insurance Coverage?

We mostly observe this in companies offering commercial trucking insurance which have a variety of specialized options to choose from. You need coverage for every possible scenario that your truck might be involved should an accident happen. This can happen without increasing the price to an unaffordable amount.

What are the types of Truck Insurance?

Just to recap, primary liability truck insurance and general liability truck insurance are the basic requirements for you to safely use your truck which you can top-up with other additional coverages for your trucking needs. Here is an outline of other possible truck insurance policies that you will need to add to your basic truck insurance which is available to arrange with your insurance provider:

Primary Liability Truck Insurance

This is additional insurance coverage needed for anyone who wants to get behind the wheel of a truck. It protects the people and things that are hurt if your truck causes an accident.

Reefer Breakdown Coverage

You might operate a refrigerated truck which has its equipment and mechanisms to worry about. This additional trucking insurance policy would cover the cost of lost cargo, damage of goods, refrigeration breakdown, or any form of a collision your truck has been involved in. This additional coverage can have its exclusions, so let’s try to put that into perspective upon selecting this coverage.

General Liability Truck Insurance

This truck insurance coverage will pay for the damage done to someone on your property, this is also the same when someone’s property gets damaged while your truck is present.

Physical Damage Coverage

This is the policy you will need to shoulder any damage done to the truck and equipment within, in the event of an accident.

Motor Truck Cargo Insurance

If you encounter a situation of cargo damage through a collision, accident, disaster, motor truck cargo insurance cover works to protect the commodities as cargo.

Bobtail Insurance Coverage

This is an insurance cover that caters to accidents happening specifically when the truck is not being used.

Uninsured/Underinsurance Motorists Coverage

If you only have liability insurance and you encounter someone in an accident without insurance, and uninsured motorists coverage will help you on extensive expenses if the person is either uninsured or under-insured for the accident.

New research shows religious discrimination is on the rise around the world, including in Australia


The Benefits Of A Whole House Water Filtration System


The Conversation


Did BLM Really Change the US Police Work?

The Black Lives Matter (BLM) movement has proven that the power of the state rests in the hands of the people it governs. Following the death of 46-year-old black American George Floyd in a case of ...

a Guest Writer - avatar a Guest Writer

Scott Morrison: the right man at the right time

Australia is not at war with another nation or ideology in August 2020 but the nation is in conflict. There are serious threats from China and there are many challenges flowing from the pandemic tha...

Greg Rogers - avatar Greg Rogers

Prime Minister National Cabinet Statement

The National Cabinet met today to discuss Australia’s COVID-19 response, the Victoria outbreak, easing restrictions, helping Australians prepare to go back to work in a COVID-safe environment an...

Scott Morrison - avatar Scott Morrison

Business News

Reinventing The Outside Of Your Office

Efficient work is a priority in most offices. You need a comfortable interior that is functional too. The exterior also affects morale. Big companies have an amazing exterior like university ca...

News Company - avatar News Company

Kaspersky and Ferrari partnership: tailoring cybersecurity for an iconic brand

Kaspersky is commemorating the 10 year anniversary of its strategic partnership with iconic, global brand - Ferrari. The cybersecurity company is a sponsor of the brand’s Formula One racing team...

News Company - avatar News Company

Instant Steel Solutions Review

Are you keen on having the right guidance, knowledge and information about the right kind of steel purchases for your industries? If yes, then you are in the right place. There is no doubt that ...

a Guest Writer - avatar a Guest Writer

News Company Media Core

Content & Technology Connecting Global Audiences

More Information - Less Opinion