Needing cheap and affordable truck insurance is something that a commercial insurance provider understands. Cheap truck insurance can save companies tons of money and allow them to have the freedom that they need to drive. Affordable coverage that meets federal and state requirements is a must for businesses that rely on trucks to deliver cargo to their destination. Each state has specific guidelines for minimum coverage and there are also important federal requirements for trucking industry professionals and it is important to know those. Insurance agents can help you in figuring out those figures to ensure that companies have the proper coverage.
Insurance coverage for commercial trucks includes hauling locally, tow trucks, long haul driving, and hazardous materials drivers. It can also cover any truck that hauls for a business purpose. It is imperative to have cheap truck insurance that will cover any accidents or injuries that occur while driving. Driving trucks is a great way to earn a living for those that enjoy traveling and getting paid for it at the same time. However, there are thousands of vehicle accidents across the country every single day. Unfortunately, some of those accidents do consist of a commercial truck. The proper commercial insurance can cover loss of the vehicle, any injuries sustained, and even cover the cost of lost cargo. This can save a trucking company or individual operators thousands of dollars and even help them with any potential lawsuits. Cheap truck insurance services can cover all of these potential liability issues without breaking the bank.
Owners and operators can also have the peace of mind of knowing that they have the proper insurance documentation. Each state has laws on the books about vehicles having the required amount of insurance and the proof of documentation available to show any police officer or state entity that requires it. The laws are even stricter on commercial trucks. Commercial trucks are required to have certain types of insurance or they can risk being given costly fines and fees. Having the right cheap truck insurance can save companies and individual operators lots of money in fines and fees that are assessed to those that are driving around with it. As a matter of fact, any owner or operator that is caught driving around without the proper cheap truck insurance services can be forced to stop driving immediately and risk having their truck towed off. This means that there will be a significant delay in getting any cargo delivered. Late deliveries can cost commercial trucking companies a lot of money and can even cause a loss of faith in customers that rely on those shipments getting delivered on time. This can be costly in more ways than one. Truckers can avoid having those embarrassing delays and costly fines by having the proper cheap truck insurance at all times.
Auto Liability Insurance
This insurance option is reserved for anything that happens to third parties. When your truck causes an accident, the bodily injuries and damage to third parties are comprehensively covered.
Motor Truck Cargo Insurance
The policy is designed to cover freight or commodity in your possession due to loss or damage due to fire, collision, or reefer-breakdown.
Physical Damage Coverage
This policy is a basic requirement for every truck driver. As its names suggests, it covers any damage on your truck. The damage is not only limited to collisions. Vandalism and natural disasters may force you to repair your truck. With this policy, all the repair costs will be covered. Owner operators without the physical damage coverage are bound to experience great losses when unfortunate events occur.
Non-Trucking Liability Insurance
The insurance policy is designed for situations when your truck has no cargo. It comes in handy especially when you are getting back to base after delivering a client’s load. The policy does not, however, cover damage caused when you use the truck for personal purposes.
A Trailer Interchange agreement is a contract that arranges transfer from one truck to another in order to complete a shipment. Trailer Interchange provides physical damage insurance for trailers being pulled under a trailer interchange agreement. It protects trailer damage due to collision, fire, theft, explosion and vandalism.
The policy goes beyond what happens as you handle your truck. It is designed to provide cover for unforeseen events in the office. Although it is not mandatory for you to go about your business, some contractors ask for it before engaging truck owners.
Why Choose BTP Insurance Services?
BTP Insurance Services offers quality commercial insurance for an affordable price that can keep trucking companies protected against liability and loss without spending a fortune.