Trucking Auto Liability Insurance
Commercial truck liability insurance is something that any trucking company must carry, no matter how big or small the entity is. This requirement is extremely beneficial. This is an industry that deals with large vehicles that can cause substantial damage if an accident occurs. From personal injury to damaging property, trucking auto liability insurance is protection that you should source from an experienced insurance provider.
At StarNet Insurance Group, we offer trucking insurance to companies in Illinois as well as all over the country. We know that you go to great lengths to hire the best drivers in the industry. However, accidents happen. That's when your insurance coverage becomes a valuable part of owning a successful business.
Trucking Liability Coverage
Based on the state that you’re operating in, there will be certain regulations in place regarding liability insurance coverage. The coverage amount is generally much higher than what you’re paying for your own personal vehicle. Rightfully so, as trucks pose a much larger liability. There are a number of factors that can contribute to an accident occurring, including weather, road debris, and careless drivers. We can help you determine how much coverage you must obtain based on the location of your service area.
Operating Across State Lines
If you own a larger trucking company that spans across multiple states, you likely fall under regulations put in place by the United States Department of Transportation. Their regulations also apply if you are transporting hazardous materials, more than eight passengers, or cargo that is more than 10,000 pounds. In order to obtain your DOT number, you will need to show proof of adequate insurance coverage.
Liability Insurance Amount
If your vehicles require a DOT number, you are required to purchase public liability insurance for your fleet. When carrying freight, the amount of insurance that you need will be between $750,000 and $5,000,000. This coverage will apply to any claims that are made against your business, including any of your drivers if they are at fault for an accident. Coverage will also take care of damage done to property, other vehicles, physical harm, etc. This coverage can also be utilized if something happens to one of your vehicles while it is parked at your garage or lot.
Medical Coverage
Trucking auto liability insurance can cover any medical bills that are incurred because of an accident that has taken place with one of your vehicles. This applies to your drivers as well as drivers from other trucking companies, pedestrians, the public, etc.
Road Damage
It’s not uncommon for a trucking accident to result in some type of road damage. This can be from cargo falling from the vehicle, hazardous waste spilling, or the vehicle itself causing damage to the roadway. Instead of being charged by the highway department for the cleanup process (which can often cost thousands of dollars), you can utilize your insurance coverage to cover the cost.
StarNet Insurance Group strives to provide affordable and comprehensive trucking auto liability insurance to all of the clients that we work with. We know trucking coverage inside and out, so we can help guide you towards the best coverage that you need. In the event that something goes wrong, your coverage will be in place to provide protection without costing your company a great deal of money. Reach out to our team today to find out more.
If you are an Owner-Operator, or owner of a trucking company, then you know how important reliable trucking insurance can be during a crisis on the road. You want an insurer you can count on for services and properly handling your claims as fast as possible. We know that a driver's worst day is spent waiting on repair services, and even worse if the driver has over-paid for their trucking insurance coverage. You can find confidence in us and our customer-centered approach. We understand the complexities of trucking insurance and will work with you to decide on the best policy features, coverage limits, and reliable services to help make your worst day a better day.
Let our team be the one you count on for support when you need it most. Contact us today to find out how you can bundle policies and save! Put your future into the hands of trucking insurance experts with StarNet Insurance Group.