Saturday, February 1, 2020

Commercial Truck Insurance companies in the United States of America, Limitations

Limitations depreciation. If your truck is totaled, this covers the difference between the fair market value of your truck and the amount you’re likely to pay for a new one.

Rental reimbursement with downtime.Covers the cost of renting a truck while your truck is being repaired.

Hazmat coverage. Covers trucks transporting dangerous goods, such as chemicals or fuel.

Bottom line

If commercial trucks are essential to your business’s success, avoid putting your assets and clients at risk by obtaining insurance that extends its protection beyond your everyday needs to the goods you transport and hazards that come with the job.

Depending on how large your business is, a commercial motor vehicle insurance broker might help you find stronger or cheaper coverage than you could find on your own.

Founder Insurance