WHAT IS TRUCK INSURANCE
Truck insurance includes most of the standard coverages of a commercial auto policy. Below are coverages that are specific to trucking insurance.
MOTOR CARGO INSURANCE COVERAGE
Provides insurance on the commodities being hauled by the driver. This includes your liability for the cargo if it is either damaged or lost due to a covered claim such as an accident or theft. The coverage limit is set by the insured and has a separate deductible.
NON-TRUCKING LIABILITY COVERAGE
Provides liability coverage when you use your truck on your day off for, say, visiting friends or any non-work-related reason while driving your work truck. For example, it will pay for the medical expenses or damages to other people's property in the event of an accident.
Provides liability coverage for using your truck on personal time, without a trailer attached on Deadhead Trips. For example, you complete your haul and drop off the trailer and are on your way to pick up a new load and trailer and slide on ice and hit the car next to you. It will cover the damage done to the person's car, medical bills, and legal fees if they decide to sue you.
WHAT'S THE DIFFERENCE BETWEEN BOBTAIL AND NON-TRUCKING LIABILITY?
Non-Trucking liability does not come into play if you do anything under dispatch that could fall under work-related.
Bobtail Insurance does cover you while you are bobtailing. However, it also does cover you while you are deadheading.
TRAILER INTERCHANGE INSURANCE
Provides you Physical Damage coverage for trailers that are being pulled under a trailer interchange agreement (Non-Owned Trailers). This covers if the trailer is damaged due to collision, theft, and vandalism for example.