What Truck Drivers Should Know About the Ins and Outs of Truck Insurance Coverage

What Truck Drivers Should Know About the Ins and Outs of Truck Insurance Coverage

For most truckers, the inherent risks of the industry may require comprehensive truck driver insurance as protection. If you’re a truck driver, here’s what you need to know about the ins and outs of typical trucking insurance coverage.

Trucking Insurance Can Encompass Numerous Types of Coverage

The first thing truck drivers should know about specialized trucking insurance is that it can encompass many different types of coverage. This is because truckers may encounter several dangers and risks in the regular course of business, so their insurance is designed to protect against multiple risk factors. Common trucking coverage includes:

  • General liability
  • Commercial auto liability
  • Truck physical damage insurance
  • Terminal coverage
  • Cargo insurance
  • Trailer liability and physical damage policies
  • Legal insurance for warehouse goods

Several Factors Could Influence Your Ultimate Premium Cost

The premium cost a trucker or a trucking company will ultimately pay depends on a number of factors. For drivers, these factors could encompass:

  • Your driving record
  • The type of goods you are shipping
  • The age, condition and location of your vehicle and other equipment
  • Your age and experience in the industry

Having thorough truck driver insurance is an important step in protecting truckers from the risks of the industry, so it’s important to understand its ins and outs. With this quick guide, you can get a glimpse of typical trucking coverage.