Insuring a Bright Future

Everyone has different insurance needs. Call us today for a personalized business or individual assessment and find out how we can help protect your hard-won assets.

Truck liability insurance is required by both State and Federal agencies before you can legally operate on the roads. As the most expensive part of any trucking company’s insurance package, it includes:

• Bodily injury liability- covers medical expenses of injured third parties.
• Property damage liability- covers repair or replacement cost of property damage caused to others.

Whether you make deliveries from coast to coast or across towns, semi truck insurance covers several types of vehicles, including tank trucks, box trucks, dump trucks, car haulers, auto trailers, and more. A standard semi truck insurance comes with the following coverages:

• Commercial liability- covers your business against third party injury and property damage claims.
• Physical damage- covers repair or replacement expenses of equipment damaged or stolen.
• Uninsured/underinsured motorist- pays your medical bills if you are involved in an accident with someone with inadequate or no coverage.
• Truck cargo coverage- covers your truckload in the event of damage or theft

If you tow disabled vehicles for income, tow truck insurance will cover your owned or towed vehicles, depending on the specifics of your towing business. This policy covers the following:

• On-hook towing- protects your customer’s vehicle while you are towing it.
• Garage keepers- protects your customer’s vehicle while it is parked on your premises.
• Medical payments- pays for medical expenses related to injuries caused by you.
• Hired auto- covers vehicles leased, rented, or borrowed by you for business purposes.
• Non-owned auto- covers towed vehicles that have no owners for damages caused to others.

Whether you are transporting goods by land, sea, or air, cargo coverage insurance protects your company or the transporter of your goods if your cargo gets lost or damaged due to covered perils such as fire, collisions, etc. The policy can be offered in two ways:

• All-risks or open perils policy- this will cover all forms of loss, except those specifically excluded.
• Named perils policy- covers only such risks as are explicitly named in the policy.

Also known as collision coverage, physical damage insurance covers the repair or replacement of your trucks and trailers in the event of damage caused by fire, theft, earthquake, vandalism, or other covered peril. Although not legally mandatory, physical damage coverage is often required by lienholders of your vehicle. It protects your truck, trailer, and other assets irrespective of whether they are on the road or in the parking lot.