Transportation Offerings

Coverage Overviews

Auto Liability

  • Coverage for Damages and Injuries: Trucking Auto Liability insurance covers the costs associated with damages and injuries caused by a truck driver to other parties in an accident. This includes both bodily injury and property damage.

  • Legal Requirement: It's a mandatory insurance, ensuring that trucking companies and independent truckers comply with legal requirements for operating their vehicles on public roads.

  • Protection Against Financial Losses: This insurance protects the trucking company or independent trucker from significant financial losses that could arise from at-fault accidents.

Motor Truck Cargo

  • Coverage for Hauled Goods: Motor Truck Cargo insurance provides coverage for the goods and commodities being transported by a truck. It covers losses or damages to the cargo.
  • Protects Against Various Risks: This insurance covers risks such as theft, fire, collision, or striking of a load. It may also cover certain losses due to natural disasters, depending on the policy.
  • Varies with Cargo Type: The coverage and its cost can vary significantly depending on the type of cargo being transported. High-risk or high-value cargos like electronics or pharmaceuticals often require higher coverage levels.
  • Contingent on Shipping Terms: Coverage is often contingent on the shipping terms (like FOB shipping point or destination) and the specific responsibilities of the trucker or carrier in relation to the cargo.
  • Exclusions and Special Conditions: Policies have exclusions and special conditions; for instance, certain types of cargo or events (like unattended vehicles) might not be covered.

Physical Damage

  • Covers Truck Damage: This insurance covers damage to the truck itself, whether due to an accident, theft, vandalism, or natural disasters.
  • Comprehensive and Collision Coverage: Typically, it includes two main parts: Comprehensive coverage (for damage not caused by a collision, like fire, theft, or vandalism) and Collision coverage (for damage from accidents involving another vehicle or object).
  • Essential for Protecting Investments: Given the high value of commercial trucks, this insurance is crucial for protecting the financial investment of truck owners and operators.
  • Varies Based on Vehicle Type: The cost and coverage details can vary depending on the type and age of the vehicle, as well as the nature of its use in trucking operations.
  • May Include Downtime Coverage: Some policies offer additional downtime coverage, compensating the truck owner for lost income when the vehicle is out of service due to a covered loss.

General Liability

  • Protection Beyond Auto Liability: General Liability insurance for trucking companies extends beyond the coverage of auto liability, covering incidents that occur off the road or outside of operating a commercial vehicle.
  • Covers Bodily Injury and Property Damage: This includes coverage for bodily injury and property damage caused by the trucking company‚Äôs operations, not directly involving the truck itself.
  • Includes Premises Liability: It covers incidents that occur on the premises of the trucking company, like a customer slipping and falling at the company's office or warehouse.
  • Product/Completed Operations Coverage: This part of the policy covers liability for damages caused by the products the trucking company transports or the services it provides.
  • Advertising Injury and Personal Injury Coverage: The policy may also include coverage for advertising injury (like slander or libel) and personal injury.

Excess/Umbrella Coverage

  • Additional Coverage Over Base Policies: Excess/Umbrella insurance offers extra liability coverage beyond the limits of a trucking company's underlying policies, like Auto Liability, General Liability, and sometimes Workers' Compensation.
  • Covers Major Claims and Lawsuits: It's designed to protect against exceptionally large claims or lawsuits that exceed the limits of primary insurance policies.
  • Flexible and Broad Coverage: This insurance typically offers broader coverage terms, potentially covering claims that aren't included in the underlying policies.
  • High Policy Limits: Excess/Umbrella policies offer higher limits, often in millions, which is crucial for catastrophic events or significant lawsuits.
  • Varies Based on Underlying Policies: The scope and cost of Excess/Umbrella coverage can depend on the nature and extent of the underlying policies and the trucking company's risk profile.

Non-Trucking Liability & Bobtail

  • Non-Trucking Liability (NTL) Insurance:
    • Covers liability for property damage or injury caused by a truck when it's not being used for business purposes or hauling cargo.
    • Often required for owner-operators leased to a motor carrier, filling the gap when the truck is not under dispatch.
    • Protects the driver during personal use, such as driving the truck home or for non-business errands.
  • Bobtail Insurance:
    • Specifically covers the truck when it is being driven without a trailer attached, regardless of whether it's under dispatch or not.
    • Important for instances where the truck is driven between jobs or back to a terminal after delivering a load.
    • Often a requirement for leased operators to have this coverage to protect the motor carrier's primary liability policy.

Occupational Accident Coverage

  • Alternative to Workers' Compensation: Occupational Accident insurance is often used as an alternative to traditional Workers' Compensation, particularly for independent contractors or in states where Workers' Comp is not mandatory.
  • Covers Work-Related Injuries: It provides coverage for injuries that occur in the course of employment, including medical expenses, lost wages, and death benefits.
  • Customizable Policies: Coverage can often be tailored to the specific needs of the business or individual, with varying limits and deductibles.
  • May Include Disability Benefits: Policies typically include temporary or permanent disability benefits if the worker is unable to return to work due to the injury.
  • Cost-Effective Option: Often more affordable than traditional Workers' Compensation, making it attractive for smaller businesses or independent operators.

Workers Compensation

  • Mandatory in Most Jurisdictions: Workers' Compensation is required by law in many areas to cover employees' medical costs and lost wages due to work-related injuries or illnesses.
  • Covers Medical Expenses and Lost Wages: It provides benefits to employees for medical care, rehabilitation, and a portion of their lost income while they are unable to work.
  • Death Benefits: In the case of a fatal work-related accident, Workers' Comp typically provides death benefits to the employee's dependents.
  • Varies by State and Occupation: The coverage requirements and benefits can vary significantly based on the state and the specific nature of the trucking operations.
  • Includes Employer's Liability Insurance: Often includes Employer's Liability coverage, protecting the employer against lawsuits alleging that the injury or illness was caused by the employer's negligence.

DOT Regulation & Risk Management

Contact us for assistance in solidifying your Risk Management and Safety program. We offer the following programs and many more.

  • DOT Audit Preparation
  • Data Q Assistance
  • ISS and CSA Score Review and Repair
  • Driver Qualification
  • Compliance Material Assistance