Types of Insurance Policies
Commercial Auto Liability
Primary Auto Liability covers injuries to other drivers and vehicles. It also covers accidents that cause damage to public property. State and federal agencies require a minimum of $750,000 combined single limit. Most brokers require you to carry at least $1,000,000 in coverage, so we recommend higher limits. In addition, Hazmat or specialized operations may require higher limits.
Motor Truck Cargo
Motor Truck Cargo protects the transporter from their responsibility in the event of damaged or lost freight. We tailor this coverage to meet the specific needs of your operation or typically hauled commodities. Furthermore, most brokers require that you carry at least $100,000 in coverage. It is important to note that higher limits can be required for specialized operations.
Physical Damage covers your truck and trailer. This coverage breaks down into both Comprehensive and Collision insurance. Comprehensive coverage protects against non-collision damage to a vehicle or object. Also, it includes if your vehicle is stolen. Collision coverage protects if the vehicle is damaged in an accident.
General Liability insurance policies typically cover you and your company for claims involving bodily injuries and property damage resulting from your products, services, or operations. This policy includes: