Insurance Facts

TruckInsurancePro.com is the source to stay safe, stay legal, and stay on the road.

We Specialize In:

- Individual owner-operator insurance

- Occupational accident insurance
- Bobtail insurance (non-Trucking Liability)
- Cargo insurance

- Insurance for Leased Operators
- Physical damage insurance

We also offer many more insurance and risk/safety management services.

Please call us today to find out more about our Commercial Trucking Programs. 800.826.4006

Q and A:

Q: What is Occupational Accident insurance and do I need it?

 

A: Occupational accident insurance is coverage for when you have a work related accident or sickness, and can be a truly beneficial coverage especially if you have no full time health care coverage.

Q: Are Primary Liability and Non-Trucking Liability the same thing?

A:  When you are under dispatch for the motor carrier, their primary liability trucking insurance will cover you. So, if you’re an owner-operator leased onto a motor carrier, then generally you will need Non-Trucking insurance.

If you have your own authority, and have your own customers, you need your own primary liability trucking insurance.

Q: Is Bobtail Insurance the same as Non-Trucking Liability?

A: No! Even though they’re used interchangeable very often, they’re not the same thing. As an owner-operator usually you’ll need Non-Trucking Liability. Many people will refer to this ias bobtail insurance…but it’s not…so make sure you get some clarification. Call us, we can help!

Q: What type of insurance repairs my truck after an accident?

A: Physical damage insurance. This is sometimes called collision insurance.

Q: If I have a loan on my truck, what kind of coverage will the bank require and why?
 

A: Any lien holder will usually require Physical Damage insurance at the very least because it protects their interests in case of trucking accident.

Q: Do I still need Physical Damage after I own my truck outright?

 

A: It is never required to carry Physical Damage insurance after you have your truck paid off but we will usually recommend it because your truck is your business and you should protect it!




Descriptions of Different Kinds Of Trucking Insurance Coverages:

1. NON-TRUCKING LIABILITY, (NTL) INSURANCE - Also referred to as "Bobtail" insurance though this is not a correct term, NTL provides liability coverage when the truck is being used for purposes outside the scope of the lease and not under dispatch. EXAMPLE: using the truck on weekends to run errands.

2. PRIMARY LIABILITY INSURANCE- Every trucker/trucking company who operates under their own authority is required to carry primary liability coverage on all owned units and usually also provide this owner/operator insurance for their leased vehicles.

3. 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.

4. PHYSICAL DAMAGE INSURANCE (Collision, Specified Perils) - Provides coverage for repair or replacement for damage resulting from a covered loss (collision, fire, theft, hail, windstorm, earthquake, flood, mischief, or vandalism) to owned vehicles.

5. OCCUPATIONAL ACCIDENT INSURANCE (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.

6. Contact us today to find out more!

Either call us or submit a request for an insurance quote online.  We will work to meet your insurance and risk management needs in a timely and cost-effective manner.