The South Carolina roads can be quite a dangerous place on a daily basis, but they can be incredibly dangerous when it is your workplace. It does not matter if you have one truck or if you are responsible for managing a fleet of trucks, it is important to ensure all of your trucks are properly protected by the right type of commercial truck insurance in South Carolina.
If you are driving a flatbed truck, the type of commercial truck insurance you need may not be the same for someone who is driving a tow truck. Here are some key coverages to consider for your business.
Auto Liability Coverage
If you are ever found at-fault for an accident, you will be legally obligated to pay for injuries or damages that were caused. Auto liability insurance will help cover any legal obligations you may hold. Auto liability coverage can also be used to cover legal expenses if someone brings a lawsuit against you. There are multiple parts to auto liability coverage, including the following:
- Property damage liability coverage can be used to repair or replace the other driver’s vehicle if the previous vehicle was totaled in the accident. Property damage liability coverage will also provide coverage for any damage to other property that was damaged in the accident.
- Bodily injury liability will cover any medical expenses and lost wages that incurred after the accident.
Physical Damage Coverage
Now that you know auto liability coverage will cover damage to the other vehicle if you are found at-fault in the accident, what about damages to your truck? Auto liability coverage will not cover the damages that your truck sustained in the accident. Physical damage coverage will help protect your truck as far as comprehensive coverage and collision coverage.
- If something happens to your truck during an accident or any other type of incident, comprehensive coverage will help replace it or repair it if possible. Comprehensive coverage will not only cover damages to your truck, but it can also provide coverage if someone steals your truck.
- Collision coverage can be used to replace or repair your truck if you are in a traffic accident or if you are involved in any type of collision.
Cargo Insurance Coverage
If you are a flatbed truck driver, you are accustomed to taking heavy loads from Point A to Point B. Many of the loads you carry are worth thousands of dollars. What if something happens to the cargo while in transit? If you have cargo insurance coverage, the loads you are carrying will be protected if someone steals the cargo or if the cargo is damaged in an accident.
It is important to have a clear understanding of the cargo you are carrying and the regulations and requirements that come with it. This will help you obtain the proper cargo insurance coverage.
At J.E.B. Insurance Services, LLC, one of our goals is to provide you with the coverage you need. If you want to learn more about the types of insurance coverages we can offer you, contact us today.
