For some people, truck driving is a great way of life. There’s no office politics and you don’t have to deal with a boss every day who watches your every move. You’re paid to travel, the work requires self-sufficiency, and your job makes a real difference. The economy depends on the services you do. However, things can go wrong. Very wrong, as a matter of fact, and it only takes one accident to turn your life upside down.
If an accident with a car should ever happen, the consequences for the car’s occupants could be devastating. A semi-truck can do a lot of damage to a passenger car. People can suffer serious and even life changing injuries, and there’s a good possibility of fatalities.
Because of the seriousness of an accident’s aftermath, the truck driver and/or the trucking company could get sued. The plaintiff may seek compensation for medical bills, lost wages, and pain and suffering. Additional damages may be sought if it’s a wrongful death lawsuit.
Primary truck liability insurance will cover the above damages, your legal defense costs, and the property damage suffered by the other party. Primary truck liability insurance is required by law but it’s important that you have sufficient coverage. It’s best to consult with insurance experts to determine how much you need because insufficient coverage can ruin your life should the worst happen.
When You’re Not at Fault
What’s been discussed so far assumes that you’re at fault. If the other party is at fault, you will want to seek compensation for the damage or loss of your rig if you’re an owner operator. There’s a fair chance the other party will be under-insured because their insurance may only cover the damages associated with another car. Obviously, truck repair or replacement is far more costly than that of a car, SUV, or pickup truck. Uninsured and under-insured motorists insurance will cover this possibility.
If you have any questions about what was discussed above and would like to consult with insurance experts with 22 years of commercial truck insurance underwriting experience, contact us. We provide cargo insurance in the states of Florida, Georgia, Texas, North Carolina, South Carolina, Tennessee, Illinois, Iowa & Nebraska.