Commercial truck insurance is a well-packaged group of specified insurance policies designed to meet trucking business specifications. Unlike common commercial insurance covering the vehicle only in the occurrence of a calamity such as an accident, commercial truck insurance covers a range of perils. It not only covers when damages occur, but specialized commercial insurance extends to the cargo. Commercial truck insurance is quite dynamic to cover liabilities, even when the truck is not transporting cargo. This means that even off-duty and an accident occurs where the loss of life occurs, and commercial truck insurance extends to cover life loss.
This type of insurance is best suited for truck drivers who operate heavy load vehicles along busy streets and are prone to accidents. Individually owned trucks and commercial trucks are also recommended for commercial truck insurance. Due to the versatility of its design, commercial truck insurance handles pick-ups, vans, and other light-duty vehicles. With every form of insurance it is important to always beware of risks.
Recently due to the increase in the number of truck-related accidents, the resulting expenses have risen since personal vehicle owners seek out high compensation from commercial vehicle owners who pay higher coverage.
Some trucks are driven without trailers, which therefore require specialized insurance. The type of insurance for these types of trucks is referred to as Bobtail insurance. Bobtail insurance covers all liabilities brought about by driving trucks lacking trailers on and off duty.
In North Carolina, the number of large trucks involved in accidents rises slightly above 80,000 since 2015. By close assessment of the statistics, North Carolina businesses need to alleviate by moving to commercial truck insurance, which is specialized to protect their businesses and drivers.
For more consultation regarding commercial truck insurance, contact us and talk to us via our social platforms or visit our company, J.E.B. Insurance Service, LLC. We provide commercial truck and bobtail insurance in Florida, Georgia, North Carolina, South Carolina, Texas, Iowa, Nebraska, Tennessee & Illinois.
