The risks associated with running a trucking business are seemingly ever-present. Whether at the warehouse or transporting freight, it is critical that you have the right insurance coverages for your exact situation. While there are many commercial truck insurance options to consider, here are three fundamental liability coverage that you should expect to include in your policy.
General Liability Trucking Insurance
General liability insurance protects you against third party lawsuits arising from injuries or damage you cause where your truck wasn’t involved. Examples of this include a client sustaining an injury in your warehouse or a visitor damaging their car in your parking lot.
Truck Liability Insurance
Truck liability is likely to be the most expensive part of your policy and is specific coverage for accidents you cause while in your truck. Any injuries or property damage you cause while driving your truck will be covered by this portion of your policy. According to the experts with Western Truck Insurance Programs, your policy will pay for any medical or repair costs associated with such accidents.
Truckers Pollution Liability Insurance
Most traditional truck liability coverages don’t protect against pollution damages. That’s where truckers pollutions liability comes in. If a third party claims that they suffered an injury, illness or property damage because of pollution from your business activities, your policy will cover your legal fees and any damages for which you’re liable.
Other key coverages you’ll need include cargo insurance and physical damage truck insurance, among others. Your agent can work with you to build a policy that meets your needs.