Tuesday, October 30, 2012

Many commercial auto insurance coverage to choose


Many commercial auto insurance coverage to choose

Insurance coverage is generally regarded as complicated and confusing. Commercial automobile insurance is no exception. This is because the trucking industry is highly fragmented, there are many regulations govern.

Various forms of car insurance companies, car carriers and independent owner / operators to offer all the coverage they need to protect themselves and their assets.

The following are some examples of coverage options to large companies and independent operators.

General Liability

This protective cover employees of companies and automobile liability insurance. Damage costs and damages, including employees and employers to litigation to protect victims of accidents.

The main responsibility

Federal regulations require this type of coverage and the driver of the commercial truck driver involved in the accident caused by another person to cover the cost of the loss or damage occurred.

Physical damage

Self-employed drivers, to encourage the purchase of these policies, to protect their assets, such as their truck. Damage caused by fire, theft, vandalism and accidents, including a pre-determined amount. Insurance policy covering at least the driver feels protected purchase a variety of situations occur.

Non-automotive transportation insurance

This form of liability insurance is a more profitable independent drivers. It covers when it is not active on the calendar, and are therefore not included in the pilot of the employer's policy contractor.

Trailer insurance exchange

This coverage is between two different companies, in which the trailer is exchanged for example. The hedging trailer cover the cost of damages to the trailer or cargo will be towed by external parties.

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