Truck Insurance: Independent Drivers Need Specialized Coverage

Truck insurance is a highly variable form insurance that is designed to cover the basic insurance needs of both large-scale trucking companies and independent owner/operators.

If you work as an independent, you will most likely have different needs than would a large company. The amount of coverage provided to you while under contract may vary, and may not cover your personal property.

Many forms of truck insurance exist that are custom tailored for the needs of independent drivers.

Bobtail Insurance For Independent Operators

Trucking companies’ primary liability coverage does not cover their independent drivers once the job is done. This makes it the responsibility of the driver to maintain and protect his or her truck when not actively dispatched.

Bobtail insurance, or non-trucking liability, is a commercial truck insurance policy that exists solely because of independent owner/operators. It works just like a primary liability policy when you’re off an employer’s policy. This helps drivers avoid having to buy their own full liability coverage.

Physical Damage

Keeping your truck in good repair is essential to your livelihood. If you are involved in an accident or are a victim of theft or vandalism, you need insurance that will cover the cost of those damages.

Regardless of fault, physical damage coverage provides protection in the event of an accident such as a collision or an overturn or roll. It will also cover the cost of damages associated with fires, vandalism, theft, or natural disasters.

Further Considerations

If you own your own trailer or regularly swap trailers with other drivers as part of an interchange agreement, you may need separate trailer insurance coverage. The nature of your cargo and its value can be a factor in determining whether or not you need additional cargo insurance.

Check with employers about the coverage they offer to contract-based drivers and be sure that the coverage amounts suit your needs.