Mayflower Insurance

Commercial Truck Insurance

We provide truck insurance in Arizona, Indiana, Ohio, Illinois, Michigan, Tennessee, Kentucky, Missouri, New Jersey, South Carolina, North Carolina, Georgia, Alabama, Florida, Pennsylvania, & Texas.

Commercial truck insurance is one of the most extensive and largest selling trucking insurance. It is essential to buy insurance since no one knows when they will have to use it. Moreover, as per the laws of Indiana, all commercial vehicles like trucks, pickup trucks, box trucks, farm trucks, trailer trucks, tow trucks, and many more have to buy liability insurance to keep the trucks running on the roads. Truckers are always vulnerable to roadside accidents, even when the fault is of someone else. The impact of an accident vibrates the whole company, and that is why to cover the expenses if there is an accident, one needs to have insurance.

Now, let us first understand what commercial truck insurance is before we discuss further the benefits of getting insurance for your trucks.

Truck insurance is a very specific kind of insurance needed for trucks alone, and they can be of any type. Some states in the USA have made it mandatory to buy a truck insurance policy before you can run trucks on their roads. This insurance covers the places, situations, and parts of the truck that the basic insurance doesn’t either cover or they charge huge prices for them.

Who Will Need This Truck Insurance?

  • Truck operators and who own the truck individually
  • Commercial business of transporters
  • Any huge business that owns a fleet of trucks, drivers

If there is one truck or you have a huge fleet of trucks with you, basic commercial insurance is something everyone should have to buy. It is also offered a variety of add-on features that can be bought at the time of the purchase of insurance.

Commercial truck insurance is something mandatory by the law that is FMCSA (Federal Motor Carrier Safety Administration). You can contact us by filling out the form, and we will get in touch with you with further details.

How many Different Types Of Commercial Truck Insurance?

There are many types of truck insurance. Let us discuss in brief each one of them in the following:

  • Primary Liability Commercial Trucking Insurance – This is one of the most commonly bought insurance as it covers the people who were in the accident.
  • General Liability Commercial Trucking Insurance – Here, the company will pay for the damages to other’s property or the person who got hurt. Even the lawsuits, if they are filed, will be covered here.
  • Physical Damage Commercial Trucking Coverage – It covers the damage which is done to your own truck during the mishappening of the truck and equipment if there is at the time of the accident.
  • Motor Truck Cargo Trucking Coverage – If the cargo gets damaged, destroyed, lost, or stolen while in transit, this will cover the whole cost.
  • Bobtail Commercial Trucking Coverage – There might be some moments when you are not using the truck for pulling cargo, and yet you have come to an accident- this will cover that insurance.
  • Uninsured Motor Commercial Trucking Coverage – Imagine you have just liability insurance and you do not have the funds to pay for the uninsured truck or the people that is when it comes in handy.
  • Reefer Breakdown Commercial Trucking Coverage – A refrigerated truck may not always be covered as it is an expensive add-on that includes a lot of machines and mechanisms which could not be covered in normal collision insurance coverage.

What does Commercial Truck Insurance cover?

There are many types of truck insurance. Let us discuss in brief each one of them in the following:

  • Injury To An Individual – If there is an injury to a person, the medical bills and all the expenses will be covered by the company. Even if the lawsuits are filed, the company will be taking care of your behalf.
  • Damage To The Property/ Commodities – If the truck damages the property of someone or the goods which were there in the back of the truck are delivered to the wrong address, it will cover the costs. Sometimes, they replace the whole property with the new one to cover the expenses.
  • Accident At The Delivery Drop Point – If there is an accident at the delivery point, it may be the fault of the driver, and there are many variables that come to play, but most of the time, general liability will cover the expense.
  • Faulty Advertising Claims – During the time of the advertisement of your brand, if there is a chance that there is spam or fraud with the advertisement, the company will pay for the court and filing expenses.

How Much Insurance Do I Need?

Many laws and regulations govern how much commercial motor vehicle insurance you should carry. Most independent truckers and trucking companies must comply with the Federal Motor Carrier Safety Administration (FMCSA). Rules will differ based on various factors.

Learn More

The agents at Mayflower Insurance are here to help. Our agency is dedicated to helping truck drivers based in over 20 states in the USA.

Learn more by contacting one of our agents today at 877-400-0500. 

Resources for Your Business:

  • Freight Forwarders
  • Trucking Jobs
  • How to Get DOT & Motor Carrier Authority