If you own or manage a fleet of commercial vehicles, making sure your investment is properly protected is very important. One very important part of this is having adequate insurance. When you are looking to provide insurance for your fleet of commercial trucks, there are several factors that should be taken into consideration and included in your fleet insurance policy.
Standard Liability Insurance
One of the more important parts of any fleet insurance policy is the standard liability insurance coverage. Similar to other types of vehicles, a commercial truck will be required to have liability insurance that provides property damage coverage as well as medical coverage. This type of insurance coverage will provide coverage in the event the driver is found to be at fault in an accident.
Property and Truck Damage
While having a liability insurance policy is the basic legal requirement, you a fleet owner will also need to have property and truck coverage. This type of coverage will provide you with a variety of different types of insurance coverage in the event the truck is damaged, stolen, or involved in an accident with a party that does not have adequate coverage. In many situations, this type of coverage is required as well.
When operating a fleet of commercial trucks it is also important to have cargo insurance coverage. Depending on what is being transported, the cargo in your truck can be very valuable. To ensure that you are properly protected, having a cargo coverage policy that covers the market value of all cargo is very beneficial. This will help to ensure that you are protected in the event the cargo is lost, stolen, or damaged while in your possession.
If you own or operate a fleet of trucks, you should contact us to learn more about your fleet truck insurance needs. We provide commercial truck insurance in the states of Florida, Georgia, Texas, North Carolina, South Carolina, Tennessee, Illinois, Iowa, and Nebraska.