The trucking industry is fraught with potential risks, including many sizable property and liability perils. One way that Massachusetts trucking companies can protect themselves from risks is by purchasing commercial trucking insurance.
Commercial trucking insurance is a robust type of commercial vehicle insurance, and it's especially well-suited for companies that operate in the trucking industry. Policies generally offer broad coverages and high limits, in order to give trucking companies the protection they need.
Most Massachusetts businesses that operate in the trucking industry ought to carry commercial truck insurance. Insurance is usually required by state law when operating vehicles on public roadways, and not carrying insurance can lead to both liability and legal consequences. Commercial truck insurance tends to be the most appropriate type of insurance for businesses within this industry.
Many commercial truck policies can often be adapted to suit a particular company's unique needs. There are policies designed for:
Businesses that are unsure whether commercial truck insurance is right for them should speak with a knowledgeable insurance agent. Someone who specializes in these policies will be able to determine whether this indeed is the right type of insurance for a particular company, and they can suggest the right type of commercial truck policy if the policy is indeed needed.
Most commercial truck policies have multiple coverages that work together to provide robust protection. These typically include both property and liability coverages, such as the following :
Insurance companies offer several different types of cargo coverage. Trucking companies generally should choose a coverage that makes sense for the type of cargo they carry. For instance, debris or gravel likely doesn't need the same level of protection as high-end consumer goods or cars.
An insurance agent can help trucking companies find cargo coverage that makes sense for what they transport.
Premiums for commercial truck policies vary widely, because the rates for these policies are based on many factors. Just a few of the items that can influence cost include:
For help finding a commercial trucking insurance policy in Massachusetts, contact the independent insurance agents at Keefe Insurance. Our agents will work closely with you to determine your company's particular coverage needs, and then we'll show you policies from different insurers that meet you are needs well.