Transportation Insurance

As a private carrier, you are responsible for hauling goods in your own truck for your company or employer. Whether you’re working in construction, excavation, manufacturing, or any other private carrier capacity, we have truck insurance solutions for you.

Primary Liability – Every trucker/trucking company who operates under their own authority is required to carry primary liability coverage on all owned units and either provide this insurance for their leased vehicles or insure that the leased operator carries it on their own. Generally, the motor carrier provides this coverage for the leased operators but there are rare instances when this is not the case. Typical limits are for $1,000,000 CSL.

General Liability – is intended to guard operators and owners of companies from claims that may come from a broad spectrum of sources. These exposures could arise from just about anything, including liability caused by accidents from the operations of the insured party or contractual liability or products manufactured by the insured party, etc.

The liability you select, whether it is one, two, or three million dollars, determines the cost of general liability insurance. Also factored into the rates are the kind of work undertaken, gross receipts and total payroll expenses. Similar to auto insurance, when it comes to general liability insurance, you will first have to make a down payment and then follow it up with installments. Before buying general liability insurance, it is best to compare the quotes available in the market.

It is the business owner’s responsibility to make sure that the people working under him/her are covered by an insurance policy. If for example, a person who is not a part of the project gets injured, the injured person’s lawyer can target just about anyone involved in the project. The more individuals that are involved, the greater the chances of a successful lawsuit.

Truck Cargo Insurance – Provides coverage for loss or damage to the property a truck is transporting (the load). Generally, though not always, provided by the motor carrier for leased operators. Typical Limits are for $100,000 (Max Limit of $10,000,000).

Physical Damage (Collision, Specified Perils) – Provides coverage for repair or replacement for damage resulting from a covered loss (collision, fire, theft, hail, windstorm, yearthquake, flood, mischief, or vandalism) to owned vehicles.

Occupational Accident (Occ/Acc) – Product designed specifically for owner operators in the trucking industry. In most states, by being self-employed owner operators can opt out of state mandated workers compensation coverage. While not the same as workers compensation, occ/acc is similar in scope and intent. Most motor carriers require their leased operators to be covered either by workers compensation or occ/acc at the leased operators expense. For those who qualify, occ/acc is generally a lower cost alternative.

Other Trucking Coverages Offered:

• General Liability
• Excess Liability
• “Bob Tail” / Non Trucking Liability

Typical Trucking Package

• Primary Auto Liability : $1,000,000 *CSL Limit
• Truck Cargo: $100,000 Limit (Higher Limits Available)
• Physical Damage: Stated Value Limit