Finding and securing the right commercial truck insurance in Tennessee for your business can be a new challenge. This challenge can be expanded if you are attempting to secure insurance for a new venture. The commercial trucking industry can be one of the most strained markets today. It is important that you have a new venture truck insurance policy.
A new venture trucking insurance policy will cover liabilities that can come in the form of damages and losses. Anyone who is starting out in the trucking industry will need a reliable insurance policy for liabilities and any form of damages. It can be difficult for seasoned truck drivers to navigate their way through the industry, so it can be exceptionally difficult for newcomers.
As a new commercial driver or owner-operator, you are going to need commercial truck insurance regardless of the size of the business. It will not matter if you have a small number of trucks or a large fleet of trucks, new venture truck insurance can be acquired for the following:
- Box trucks
- Delivery trucks
- Auto haulers
Commercial truck insurance for new venture trucking is required, but we understand how challenging it can be to find the right Tennessee insurer who will want to accept the risks that can come with a new commercial driver or owner-operator. Liability insurance is mandatory and necessary for protection against property damage claims and bodily injuries that can arise after an accident.
There are other coverage options aside from liability that will be available, including the following:
- Comprehensive and collision insurance
- Medical payments
- Property coverage
It is important to have a clear understanding of your business plan and your finances so you will be able to use your funds appropriately. Even as you look for rates and coverage you can afford, you do not want your insurance coverage to be jeopardized. Your business does not have to be subjected to some form of punishment because there is no track record.
Comparing multiple commercial or owner operator truck insurance policies will be the best way to find the policy you need for your trucking company. When you are comparing insurance companies, we encourage you to find insurance companies that have resources and programs that can offer assistance for new businesses.
It does not matter if you are a new driver or if you are preparing to become an owner, it is important that you are equipped with the right insurance policy. If you need insurance for your new trucking venture, please do not hesitate to contact us today. J.E.B. Insurance Services offers commercial and owner operator insurance in Florida, Georgia, Tennessee, Iowa, Illinois, Nebraska, North Carlina, South Carolina & Texas.