You have probably worked for a company for some time and have decided to get your own truck. As you lay the foundation for this new venture, you will need to be very cautious to be able to meet and exceed the goals you have in mind. Purchasing the owner-operator truck insurance should be at the top of your to-do list. It will determine whether your business will make it or crumble down when the going gets tough.
Why Do You Need It?
The owner-operator truck insurance also offers protection to your livelihood and your own well-being. You will not have to stop your operations when accidents occur as repair and replacement can be done in no time. In case you get injured in the course of operations, you will have access to medical care and get back on your feet to go on with your business.
Federal and state laws require truck owners to purchase the owner-operator truck insurance before they can offer cargo transportation services. You obviously do not want unprecedented legal actions to stand in the way of your goals. Ensure that you comply with the legal requirements at all times.
Coverage Options
As you think of the most appropriate owner operator truck insurance for your assets, it is always wise to know what is available in the market. This should not mean that you know everything about them to be considered an expert. You just need enough knowledge to ensure that agents do not take advantage of your ignorance. Here are some of the coverage options that are available for truck owners.
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.
Trailer Interchange
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.
General Liability
Insurance
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 BTP Insurance?
A good number of business owners shrink away when insurance matters need to be handled. It is an important aspect of the business that you cannot do much without it. The team at BTP insurance is at hand to relieve you of the pressure that comes from claims and other legal issues. They have a clear understanding of a host of insurance options, and you will not have to worry about spending time researching about this.
Before they help you select a suitable policy, they will evaluate every aspect of your business. No potential risk factor will be overlooked in this process. Their services are comprehensive and geared towards customer satisfaction. You will not regret the decision of joining hands with the BTP insurance team.
Partnering with BTP insurance is akin to setting yourself up for tremendous success in the world of business. Although they work with your short-term goals in mind, their end game is to see you prosper for years on end. With the insurance issues extensively taken care of, you can focus all your energy on growing a sustainable business.
As your business grows, the dynamics of operations will change, and the insurance needs will follow suit. You will need a flexible insurance partner who will help you navigate through these changes to ensure that you are not caught flat-footed when claims are made against you. BTP insurance is your best bet on this end as they know the permits and licenses that business owners need as they expand their operations. Texas residents can give witness of the up-to-date owner operator truck insurance policies from them for the last four decades. Do not miss out on the best insurance in town.
Their team has gained great insight into the insurance industry thanks to the many years they have offered these services. They are also acquainted with what goes on in the transport sector. Beyond the insurance support, their dedicated team will help you make prudent decisions that will see your business grow in leaps and bounds. The transport industry is highly competitive, and their support will help you remain a step ahead of your competition. The success of your business lies in the choice of your insurance partner. You will need one who updates their policies as the regulations of the industry are changed. You can count on BTP insurance to do just that.
Rather than the one-fits-all insurance solutions, BTP insurance will offer you customized owner operator truck insurance services that will resonate with your business needs. Their rich experience in the industry allows them to figure out what will work for different firms. You will not have to make unnecessary payments, neither will your business face the risk of underinsurance. You will get exactly what is needed for your business to thrive.
Their personal touch in service delivery crowns their largely impressive services. You will not be treated just as a random statistic. You will be assigned to a specific agent who will walk with you every step of the way as you make a name for yourself in the transport industry. Every time you visit their office, you will be attended to promptly and all your concerns will be sorted out professionally.
For an initial assessment, contact BTP insurance. You will get a free quote while at it and all your owner operator truck insurance troubles will be a thing of the past. The best insurance services are only a phone call away.
