Trucking Insurance

According to federal and state laws, tractor trailer drivers and trucking companies must purchase a minimum amount of commercial auto insurance. Trucking insurance may also help protect the company’s property or the driver, depending on the policy.

Having the right insurance policies in place is crucial to the financial health of a tractor trailer driver and trucking company. Contact the agents at Cook Insurance Agency in Apache, Arizona, today to learn more about getting the right trucking insurance coverage for your situation.

Do Truck Drivers Need Liability Insurance?

Yes, federal law dictates that every tractor trailer driver and trucking company must meet the minimum required amount of liability insurance coverage.

·        Commercial auto liability coverage—This policy helps pay for third-party property damage and injuries. In general, the policy includes two main types of coverage:

o   Bodily injury liability—This insurance helps cover medical bills for a third party injured in an accident if the tractor trailer driver is at fault.

o   Property damage liability—This insurance helps pay to repair or replace a third-party’s property if it was damaged in an accident for which the tractor trailer driver was at fault.

Talk with your agent to better understand how commercial auto liability insurance can help provide financial protection after an accident.

What Additional Trucking Insurance Coverage Is Available?

Your agent may recommend considering the following additions to your commercial auto liability insurance.

·       Comprehensive insurance—This policy helps cover damages after an incident or accident where the damage is unrelated to a collision, such as fire, vandalism or weather.

·       Collision insurance—This policy helps pay for damages to a tractor trailer in an accident with an object or other vehicle.  

·       Medical payments/personal injury protection coverage—This policy helps pay medical bills and other financial losses if a passenger or the tractor trailer driver is injured in an accident. 

·       Uninsured/underinsured motorist insurance—This policy helps pay to repair or replace a tractor trailer after an accident caused by a third party who doesn’t have enough insurance coverage.

Your agent may suggest additional policies to expand your trucking company’s coverage:

·       Trailer interchange insurance—This coverage helps pay for damages to a trailer if someone other than the owner is in an accident while hauling cargo.

·       Bobtail insurance—This coverage helps pay for damages if a driver is in an accident while using the truck for personal purposes or while not hauling a load.

·       Umbrella insurance—This policy helps pick up costs that exceed the limits of your other liability policies.

Get the Trucking Insurance You Need Today

Contact the agents at Cook Insurance Agency today to learn more about your options for trucking insurance and get a quote.