Flatbed trucks spend many hours on the road each day, and the road isn’t always the safest workplace. Whether you’ve got a couple of trucks or you manage a fleet, it’s important to make sure that your trucks are protected by the right flatbed truck insurance solutions. Do you know what type of insurance you need for your business? 

Auto Liability

Auto liability insurance is an incredibly important coverage in the transport sector. It helps cover your legal obligation to another driver if you’re at-fault in an accident, and assists with legal expenses if you get sued. There are two different parts of auto liability insurance:

• Bodily injury liability: Covers the medical expenses, lost wages, and pain/suffering of the other driver if you injure someone in an accident.
• Property damage liability: Covers the repair or replacement of the other driver’s car if you’re at-fault in an accident and other property that you may damage in a collision.

Physical Damage

Physical damage insurance covers the damages to your truck. This is the flatbed truck insurance coverage that will help you protect your own investment.

Generally, there are two parts to physical damage insurance:

• Collision coverage: Helps you repair or replace your flatbed truck if you’re in an accident or if you otherwise collide with something.
• Comprehensive coverage: Helps repair or replace your flatbed truck if something other than an accident damages it. For example, it covers losses due to theft, fire, vandalism, falling objects (like trees), and animal strikes.

Cargo

Flatbed truckers normally endure pretty hefty loads. And those loads could be very valuable. Fortunately, flatbed truck insurance coverage protects you from that liability. Cargo insurance protects the load you’re hauling against losses like theft, fire, or collision. It can also help you cover the costs of cleaning debris and such off the road.

The law and the contracts that you carry could require you to obtain certain levels of cargo insurance, which is why it’s important to make sure that you’re aware of any requirements you might have. Make sure that your limits of coverage are high enough to protect yourself in the event of a loss that damages the specific cargo you’re hauling.

Trucker’s General Liability

General liability insurance can protect against claims of bodily injury or property damage caused by the daily operation of your business or the services you provide. It can help you in the event of a claim that happens at a loading dock or at a job site assisting with loading and such. Consider general liability when looking for insurance options for your business. 

About Tobico Trucking Insurance

Trucking insurance is one of the most difficult types of insurance to obtain, but it doesn’t have to be. At Tobico Trucking Insurance, we are experienced and knowledgable about the trucking insurance market and the needs of trucking operations of all types and sizes. You need an agent who has the specialized knowledge of this ever-changing industry, and we have the products and the dedicated customer service to provide you with what you need. For more information, contact us any time of day at (469) 731-0707 to find out how we can help you.