What type of Commercial Trucks is Covered by Commercial Truck Insurance
- There are many types and models of commercial trucks.All of them are covered under commercial truck insurance. Owner-operators may purchase this insurance to cover a single truck, or companies who need to insure a fleet of trucks. Commercial truck insurance is mandatory for anyone who drives a commercial truck.
Basic Provided Coverage
- Commercial truck insurance is a lot like personal automobile coverage, it provides standard protections such as comprehensive and collision, general liability, uninsured/underinsured motorist protection and medical payments.Contrary to personal auto insurance, commercial auto insurance can be obtained by providing less information than what you would need for a personal policy commercial trucking insurance.
Specialized Coverage for Commercial Trucks
- You and your truck are usually covered by commercial truck insurance.These coverages typically provide more specialized coverage than standard policies. Motor truck cargo provides additional protection that covers cargo lost, stolen or damaged in transit. You can also get protection from terrorist acts with motor truck cargo insurance. Trailer Interchange coverage protects the insured for losses due to non-owned trailers being pulled along by their insured trucks. Non-trucking (bobtail), coverage provides protection to owner operators who are permanently leased from an ICC-regulated company. This coverage provides protection for trucks when they are not being used by their owners for business purposes. You can get many different types of coverage with your commercial automobile insurance. If you don’t fully understand a part of your policy, make sure to ask your agent. Sometimes, different insurance companies will cover the same thing under different types.
Other Insurance Services
- Many insurers provide assistance for filings and compliance with ICC.California has an example where insurance companies can electronically file a request to the DMV for issuance of a MCP, or motor carrier permit. The MCP65 insurance filing is this filing. ICC or MCP65 file can be filed electronically these days.