What Are Different Trucking Insurance Coverages?

Trucking insurance is an essential component of any trucker’s business. It provides financial protection against losses caused by accidents and other unexpected events. Typical commercial truck insurance in Texas will include four main types of coverage: commercial auto liability, physical damage, motor truck cargo, and commercial general liability. Let’s take a look at each of these coverages in more detail.

Commercial Auto Liability

Commercial auto liability coverage is the foundation of a trucking insurance policy. This coverage protects the policyholder from the financial costs associated with third-party bodily injury or property damage caused by their trucks. Commercial auto liability also pays for legal defense costs if a lawsuit is related to an accident. This type of coverage can also include protection for uninsured and underinsured motorists and pedestrians injured in a commercial truck accident.

Physical Damage

The physical damage coverage offered by Commercial Truck Insurance Company

helps truckers repair or replace their vehicles if damaged or destroyed due to collision, fire, theft, vandalism, or other covered causes. Physical damage policies typically have two parts comprehensive and collision—that provide different levels of protection depending on the cause of damage to your vehicle. Comprehensive physical damage covers many causes unrelated to collisions, such as fire or falling objects. In contrast, collision coverage only pays for damages caused in crashes with other vehicles or objects like trees or guardrails.

Motor Truck Cargo

Motor truck cargo coverage was created to protect shippers from losses associated with damaged freight and stolen goods while a commercial trucker is transporting them. This policy reimburses shippers for repairing or replacing any goods lost, stolen, or destroyed while being shipped via a commercial trucker’s vehicle. These policies typically include an exclusion for hazardous materials shipments and may also exclude certain types of high-value items like jewelry or electronics.

Commercial General Liability

Loading dock mishaps can cause significant property damage and personal injuries, which can be expensive to repair or replace unless you have insurance coverage. That’s where commercial general liability offered by Commercial Truck Insurance Company comes in handy; this type of policy provides financial protection from claims resulting from third-party bodily injury and property damage sustained on your premises due to negligence on your part (or one of your employees).

Additionally, this policy may offer additional protections such as contractual liability (if you fail to fulfill certain obligations outlined in a contract) and products/completed operations (for claims related to faulty workmanship).

Non-Trucking Liability Insurance

Non-trucking liability insurance coverage is an important component of being a successful commercial truck driver. This type of insurance protects owner-operators leased onto a motor carrier from financial loss due to liability caused by their actions during non-business-related activities. In addition, it protects the truck driver operating without goods and does not have cargo or trailer attached when involved in an accident or act of negligence.

No matter what type(s) of commercial truck insurance in Texas you choose for your business needs, it’s important that you understand exactly what each one covers so that you can be sure that you receive the right amount of protection should something go wrong along the way—whether it’s on the roadways or at loading docks across America!