Choosing Better Insurance Coverage

Few things are more important than having the right insurance coverage. About ten years ago, I was involved in a near-fatal crash where I experienced traumatic physical and emotional injuries. It was really challenging for me to endure the hospital stay and subsequent physical rehabilitation, but with the help of my medical team and my insurance company, I was able to overcome the challenge and completely recover. This blog is all about the importance of choosing the right insurance plan so that you can get on with your life and enjoy those precious years with your family and your friends.

Benefits Of An Up-To-Date Commercial Truck Insurance Plan

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Road accidents and collisions cost road users a lot of money in repairs and medical expenses. Moreover, serious road accidents leave many people permanently disabled or dead. Thus, drivers should be careful when driving for the sake of their safety and that of other road users. This is especially important for truck companies whose drivers spend long hours traveling to distant places. Truck drivers should be mindful of factors contributing to road accidents, such as long hours on the road occasioning fatigue, poor visibility due to harsh weather conditions, and poor road conditions to reduce accidents.

In addition to taking steps to prevent accidents, truck owners are legally supposed to have commercial truck insurance coverage to cover expenses in the event of an accident. Commercial truck insurance companies offer various insurance plans covering different aspects. For instance, primary liability coverage is the most basic insurance plan that indemnifies holders for all physical injuries and damage to a truck. Other insurance plans include general liability coverage and physical damage coverage. A few benefits of commercial truck insurance are discussed below:

Legal Compliance Mitigates Interruptions on Your Business's Operations

The first reason why truck drivers should consider getting commercial truck insurance coverage is to ensure legal compliance. Insurance requirements under federal and state law vary depending on multiple factors such as the vehicle's weight, number of passengers, and if the vehicle transports hazardous material. Truck drivers require primary liability insurance that covers injuries to people or property if a truck driver is at fault in the accident. Failure to have a primary liability insurance coverage opens up truck drivers to legal liability and other business disruptions such as license suspensions. Thus, truck drivers should have up-to-date commercial truck insurance for legal compliance.

Insurance Coverage Offers Financial Reprieve After an Accident

Commercial truck insurance is essential because it provides truck drivers with a financial cushion in an accident. Truck owners without insurance coverage have to cover all expenses out of pocket, which is expensive. The driver at fault in the accident must also compensate the victim for any personal injuries suffered and damage occasioned to their property. Thus, acquiring a commercial truck insurance coverage protects drivers because insurance companies indemnify accident victims and the driver at fault.

Overcoming the Fear of the Unknown

Trucks are quite expensive. They also often transport valuable loads that cost a lot of money. As such, truck owners have some underlying fear knowing they could lose huge sums in the event of an accident. Commercial truck insurance coverage allows truck drivers to have peace of mind and focus on other core business activities because they are covered against potential financial losses. Thus, truck owners should ensure their insurance policies are updated.

Reach out to an insurance company, such as Russell Agency, to learn more about truck insurance. 


17 November 2021