Insurance Deciding what type of commercial truck insurance for you or your business can be tough. You need to be aware of not only what state and federal minimum coverage requirements are, but also what types of specialized coverage you might need to protect your own gear. The nature of your business, the type of cargo you haul, and the state you work out of all effect your coverage needs. If you are looking for commercial truck insurance , but dont know where to begin, take at look at these different options. General Liability This type of truck insurance is purchased by trucking companies to protect company employees and vehicles by covering costs associated with damages and injuries caused by other drivers. It can also help to protect against lawsuits brought on by accident victims seeking compensation from the company. Workers Compensation Insurance Covers lost wages and medical bills associated with on the job accidents. This type of insurance is required by law in many states. It also protects business owners from lawsuits by employees involved in on-the-job accidents. Comprehensive Coverage This coverage is not required by law and it covers damage to drivers trucks or property should any occur from an accident, vandalism, and theft. This serves as a complement to primary liability by ensuring that you have coverage damage to others as well as yourself. It is also referred to as physical damage insurance. Non-Trucking Liability Insurance Non-trucking liability insurance is a type of truck insurance for independents that covers drivers when they are not actively in the employ of a motor carrier. It is a more cost-effective alternative to purchasing a full primary liability policy. Truck Cargo Insurance This coverage may be needed if general freight insurance does not cover the cargo. It will cover the cost of damage to cargo while on the job. About the Author: By: Michel Jordan – Author is a reputed insurance author and has been helping lots of musicians to find the right insurance plan. He also works with the clients from different seg … By: Johnson Charlse – Author is a r0eputed insurance author and has been helping lots of musicians to find the right insurance plan. He also works with the clients from different se … By: Johnson Charlse – Author is a r0eputed insurance author and has been helping lots of musicians to find the right insurance plan. He also works with the clients from different se … By: Johnson Charlse – Author is a r0eputed insurance author and has been helping lots of musicians to find the right insurance plan. He also works with the clients from different se … By: Johnson Charlse – Author is a r0eputed insurance author and has been helping lots of musicians to find the right insurance plan. He also works with the clients from different se … By: Michel Jordan – Author is a reputed insurance author and has been helping lots of musicians to find the right insurance plan. He also works with the clients from different seg … By: Michel Jordan – Author is a reputed insurance author and has been helping lots of musicians to find the right insurance plan. He also works with the clients from different seg … By: Michel Jordan – Author is a reputed insurance author and has been helping lots of musicians to find the right insurance plan. He also works with the clients from different seg … By: Sarah – The information received from the Insurance Regulatory Authority of India in the financial year 2014 showed that the private sector companies rejected more dea … By: Sarah – All the LIC policy holders can now make a hassle free payment without having to visit a local LIC office. You can make your payments via Net Banking, Debit/Cre … 相关的主题文章: