January 14, 2021
Liability & Cargo Insurance Coverage for Trucking Companies
If you’re the owner of a trucking company, insurance is one of the most beneficial things you can have on hand. Trucks are able to cause lethal damage to other drivers and buildings, and even if you aren’t the one at fault, going without insurance for your trucks can be costly. Even with minor fender benders, the damage and costs can prove to be extensive. So, having liability and truck coverage insurance on hand helps pay for injury and property damage that occurs. This can be to another driver or patron but caused by you.
Furthermore, this insurance coverage option protects you and the owner of the goods in the event of an accident. As a company, legally, you are required to provide at the least, basic insurance. The minimum coverage doesn’t cover full costs and the cargo you carry as well, though. Knowing this, it is worthwhile to choose Cargo and Liability insurance to protect from loss or damage on any end.
This insurance’s beneficiaries are high-risk truck drivers and trucks like cargo vans, box trucks, and tractor-trailers that are often accident-prone. Also, this type of policy covers specific types of shipments for the duration of the policy.
The type of coverage varies based on factors. Typically, this insurance type covers fires, water damage, equipment failure, and theft by another party. Again, this type of insurance is important to have because anything can happen while on the road. You won’t want to be held liable for any of it and struggle to find a way to pay.
Texas Insurance Agency provides this coverage option for you and helps you understand how you’re protected, and to what extent based on the options you choose. At the most basic level, Auto Truck insurance covers bodily injury and property damage. There are many ins and outs to this type of insurance, but when you call our partners, we help you understand it all.
So, give our team of experts a call at 281-398-1010. We are here to help you! Our team is located in Pearland, TX and our focus is on providing you with the best coverage possible. There are so many unpredictable things that can happen. We make sure that you’re prepared for them all.