Commercial trucks insurance is what will save your business in the long run. Given the enormous cost of new trucks, cargo, business interruption time and consistent truck maintenance, it really doesn’t make sense to cut costs and take chance when it comes to truck insurance. America is a vast, beautiful country but it plays host to some extreme weather conditions that make accidents a matter of when not if.
So what kind of commercial trucks insurance do I need?
Let’s start with cargo insurance. Cargo insurance insures your cargo from the minute it leave s your warehouse until the moment it reaches your importer. It is possible to acquire cargo insurance on a per-voyage basis and it can cover the cost of both the cargo and the profit lost on the deal. Sometimes exporters cam make special deals with insurers to cover all voyages that meet the terms and conditions of the voyage, i.e. all journeys that don’t exceed a maximum distance or freight load set by the insurers, otherwise premiums can vary from journey to journey.
A more fundamental form of commercial trucks insurance you’ll need is commercial auto insurance. Commercial auto insurance covers loss that occurs as a result of any kind of vehicular accident. Considering the thousands of miles your trucks will travel every year it is very important you hire qualified drivers with clean records in order to reduce the chance of accidents and accordingly lower your premiums.
Truck insurers will generally request a great deal of information about you vehicle from the specifications of the model to the personal history of the vehicle such as any significant accidents or repair work. You can guarantee lower premiums by being just as selective about the vehicles you buy. Another approach is to add any modifications that make the vehicle safer or sturdier.
Commercial truck insurance is all about protecting your business and general prosperity for years to come, so don’t wait contact your insurance agent today.