Big Rig Insurance

Big Rig Insurance: Why it’s Important to Protect Your Tractor Trailer

Owning a big rig can be a lucrative investment. However, you also have a responsibility and legal requirement to protect yourself and others while on the road. To do this, you must have the proper big rig insurance.

Unfortunately, getting the right insurance can be challenging – especially if you don’t know what you need. While this is true, there is help available. Keep reading to learn more about big rig insurance and why it is such an important investment.

Why Big Rig Insurance Is So Important  

You may know this already, but the trucking industry can be quite volatile. Insurance can help protect your business from potential liabilities and provide coverage if damages occur.

Keep in mind that it does not matter what size business you have – even if it is just a single truck – insurance is a must.

Expert Auto Repair Tip: Take it from someone who knows...Having the online repair manual is a life-saver when it comes to DIY auto repair and maintenance. Whether you are working on a Ford, BMW, Dodge, or something more exotic; we probably have the manual you need.

Find Your Online Car Repair Manual Today! ->>

Now that you know why you need insurance, it is time to learn more about tractor trailer insurance options.

Types of Big Rig Insurance

There are a few types of big rig insurance to consider. The most common options are highlighted here.

General Liability Insurance

You may find general liability insurance called public liability insurance. This is designed to cover any third-party physical injuries, along with property damage, that is caused by normal business activities. Not that resulting from truck driving.

Trucking Liability

Also called primary liability insurance, this coverage pays for any property damage or injuries that are caused to someone else when operating a truck. If you haul non-hazardous items, you will be required by law to have a minimum of $750,000 of liability insurance. You may also have requirements to meet.

Non-Trucking Liability

This type of insurance will cover injuries and damages to any third parties that occur when you are behind the wheel of the truck but engaging in non-business related activities. An example will be if you are involved in an accident while running personal errands. In this case, your non-trucking liability would cover the related costs.

Bobtail Insurance

This insurance is another type of liability coverage. It provides coverage for you and your truck when you drive for business but don’t have a load.

Essentially, it covers you when traveling from one job to another. It will cover your legal bills if someone sues after an accident. If you have a leased truck, this type of coverage may be required.

Physical Damage

This insurance covers repairs and damages to a truck caused by vandalism, theft, natural disasters, and accidents. It is not required by law but recommended if you own your truck.

Do You Have the Proper Big Rig Insurance Coverage?

As you can see from the information here, having the right big rig insurance is essential for protecting yourself and others on the road. With the information here, you know what type of insurance you need and why.

If you are searching for information on truck or auto repair, be sure to check out some of our other blogs. You are going to find just what you are searching for.