Whether you are the business owner of a trucking company or own and operate your rig, our agents at B & G Insurance serving the Miami, FL area want you to know all about trucking insurance.
What is Trucking Insurance?
Trucking insurance is a specialized type of commercial insurance designed to protect trucking businesses and truck drivers. This type of insurance covers potential risks, liabilities, and damages that can happen with trucking operations.
Much like auto insurance, trucking insurance provides different coverage options for truck drivers and the companies that own the trucks being driven. For instance, liability insurance is required in nearly every state within the United States for a driver to be able to legally drive any vehicle with four or more wheels on public roads, streets, and highways. Liability insurance will cover the other driver’s car and any injuries they sustain in an accident that you cause.
Other Coverage Options of Trucking Insurance
Comprehensive and Collision Insurance
Comprehensive insurance is critical if you own a truck or a whole fleet of them. This is due to the fact that comprehensive insurance will help pay for any repairs or replacement of a truck if it is damaged or even destroyed by some horrible situation. Examples of this would be a tornado or other natural disaster, a fire, or an act of vandalism. Your truck can be replaced if stolen through your comprehensive trucking insurance policy.
Collision insurance will help pay for damages to your truck if you collide with another vehicle or object.
Contact B & G Insurance
Our agents at B & G Insurance in Miami, FL can assist you with your trucking insurance needs. Call today to get your policy started and protect the investment you have made in your truck or trucking company.
The transportation, trucking, and shipping industry is a significant and necessary one that is needed to ensure products can be shipped all over the globe. If you operate in this industry in or around Miami, FL, you can find many opportunities to succeed. One way you can protect your business is with a trucking insurance plan, and there are various situations when having coverage is beneficial.
Those Trying to Reduce Liability Risks
One situation when someone can benefit from having a trucking insurance plan is when they are trying to reduce their liability risks. There are always risks that come with being in the trucking industry, and you could be held liable for various situations that result in a loss, including theft or accident damage. If you have a trucking insurance plan, you can help to offset and mitigate these risks.
Those Trying to Comply with Requirements
You also want to have a trucking insurance plan if you have insurance requirements. There are various situations when a trucking insurance plan will be required. Trucking insurance could be necessary if you want to operate a truck legally in Florida or comply with basic business insurance obligations. If you carry this insurance at all times, you can be assured that you will remain in good standing.
Picking a trucking insurance plan is an important decision for those in the trucking industry in the Miami, FL area. When looking for a new plan here, it might be a good idea to call B & G Insurance. The team with B & G Insurance will be able to help you by assessing your trucking insurance options and giving you the support you need to build an ideal plan.
B & G Insurance assists the Miami, FL community by offering several types of insurance policies. We strive to ensure that our clients find the coverage that fits their needs and lifestyle.
The trucking industry is often overlooked; however, truck drivers play an important role and have a demanding job. Trucking insurance allows drivers to stay safe while they are on the road. The policy covers any physical damage to the truck. You can also add cargo protection so that any damage that occurs to the freight will be covered. There is a lot of misinformation regarding trucking insurance floating around, so here are some common trucking insurance myths to avoid.
You Don’t Need Your Own Insurance
It’s important that you have your own personal coverage so that you’ll have an extra layer of protection. In the event that you are involved in an accident in which you may be held liable, depending on the language in the trucking insurance policy, you may not be covered. That’s why it’s important that you have your own personal coverage so that you will be protected in any situation.
You Should Research Your Own Cargo Coverage
This is not true, as you should be able to add cargo coverage to your existing policy. There’s no need for separate policies. If you are involved in a situation where the truck and cargo were damaged, you’ll spend a lot of time having to fill out paperwork. Adding cargo coverage to your existing policy is more efficient.
B & G Insurance Will Guide You Through The Process
For more information on trucking insurance policies, please stop by our office in Miami, FL.
Being properly insured is part of doing good business. It not only protects you and your investment, it protects others as well. When you have more than one vehicle, you may qualify for fleet insurance. Fleet insurance offers many of the same benefits as a multi-car policy for homeowners except this type of policy is designed for commercial policies. At B & G Insurance, the agents work with Miami, FL based businesses to ensure they have the right type of coverage to fully protect their business.
Having multiple vehicles can actually make you eligible for specific discounts. While the discounts may vary from policy to policy, fleet insurance policies are written to help business owners maintain their bottom line without losing control of their budget. The goal is to provide the best coverage possible for a price that is affordable.
One of the most important factors when determining any type of insurance quote or premium is knowing the safety record of the drivers. Hiring drivers with a clean driving record is essential if you want to keep your insurance costs as low as possible. You can obtain a driver’s DMV record by contacting the agency and requesting a copy. It’s important to keep an up-to-date record in their employee file.
Business owners in Miami, FL can always get the answers they need by contacting the agents of B & G Insurance. Whether you need to insure one vehicle or 100, they will have the answers you need to make an informed decision. Guessing when it comes to fleet insurance can be a dangerous game. Don’t risk your business, call and talk to an agent today!