What type of coverage do you need?

Commercial Auto


Commercial Auto Information

As a business owner, you need insurance coverages that are designed for the type of trucking business you are in. If you are a short haul trucker or a long haul trucker the type or types of policy you need depends on the type of trucker you are. You may require one or more of the following policies -- liability, or non trucking, collision and comprehensive, medical payments (known as personal injury protection in some states) and coverage for uninsured motorists. Cargo, physical damage, general liability and excess liabilty. Workers Companesation and/or Occupational Accident coverages. Below you will find definations for the types of trucking insurance that is avaliable. Give us a call and we will be glad to help you determine the coverages that are best for your business.

General Liability

Unfortunately for every business owner, the chances of getting sued have dramatically increased in the last decade. General Liability insurance can prevent a legal suit from turning into a financial disaster by providing financial protection in case your business is ever sued or held legally responsible for some injury or damage.

General Liability pays losses arising from real or alleged bodily injury, property damage, or personal injury on your business premises or arising from your operations.

Broad Range of General Liability Protection

  • Bodily Injury, including the cost of care, the loss of services, and the restitution for any death that results from injury
  • Property Damage coverage for the physical damage to property of others or the loss of use of that property
  • Products-Completed Operations provides liability protection (damages and legal expenses up to your policy's limit) if an injury ever resulted from something your company made or service your company provided
  • Products Liability is a more specialized product liability insurance that protects your company against lawsuits from product-related injury or accidents
  • Contractual Liability extends to any liability you may assume by entering into a variety of contracts
  • Other coverage includes: Reasonable Use of Force; Borrowed Equipment; Liquor Liability; Non-Owned Vehicles (such as aircraft and watercraft); Fire, Lightning or Explosion Damage; WaterDamage Liability Protection; Legal Defense Costs; Medical Payments; Personal Injury;Advertising Injury; and specialized liability protection for specific business types

Liability Insurance - is a part of the general insurance system of risk financing to protect the purchaser (the "insured") from the risks of liabilities imposed by lawsuits and similar claims. It protects the insured in the event he or she is sued for claims that come within the coverage of the insurance policy.

Umbrella/Excess Insurance - refers to liability insurance that is in excess of specified other policies and also potentially primary insurance for losses not covered by the other policies.

Cargo Insurance - The carrier for hire purchases motor carrier cargo legal liability insurance to pay for loss or damage that may occur to the cargo during transportation. Motor carriers are responsible for the cargo they control up to a point.

Non Trucking Insurance - or NTL, is liability insurance coverage for when you use your commercial vehicle for personal use. Non Trucking Liability provides coverage for property damage or bodily injury to a third party.

Bob Tail - Driving your 18-wheeler without the trailer attached is known as bobtailing or, more commonly, deadheading. Semi owner operators who occasionally make deadhead trips with or without dispatch are usually required by their motor carrier to have special coverage, known as Bobtail truck insurance.

 

Workers Compensation

Workers compensation laws were created to ensure that employees who are injured on the job are provided with fixed monetary awards. This eliminates the need for litigation and creates an easier process for the employee. It also helps control the financial risks for employers since many states limit the amount an injured employee can recover from an employer.

Workers Compensation Insurance is designed to help companies pay these benefits. As a protection for employees, most states require that employers carry some form of Workers Compensation Insurance. Workers Compensation Insurance is not health insurance. Workers Compensation is designed specifically for injuries sustained on the job.

In most states, if you have employees, you are required to carry Workers Compensation coverage. Even in non-mandatory states, it can be a very good idea, particularly if you have many employees, or if they are engaged in hazardous activities.

Workers compensation provides payments to injured workers, without regard to who was at fault in the accident, for time lost from work and for medical and rehabilitation services. It also provides death benefits to surviving spouses and dependents.

Each state has different laws governing the amount and duration of lost income benefits, the provision of medical and rehabilitation services and how the system is administered. For example, in most states there are regulations that cover whether the worker or employer can choose the doctor who treats the injuries and how disputes about benefits are resolved.

 

Occupational Accident insurance

An Occupational accident is an unexpected and unplanned occurrence, including acts of violence, arising out of or in connection with work which results in one or more workers incurring a personal injury, disease or death. Occupational Accident provides coverages for such occurrences.

BOE Insurance - Business overhead expense (BOE) disability insurance, also known as Business Expense Insurance, pays the insured's business overhead expenses if he or she becomes disabled. A BOE policy pays a monthly benefit based on actual expenses, not anticipated profits.

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