Tom's Blog
If you are in the trucking industry or own a trucking company, you know that having the right insurance is vital. Keep in mind that not just any insurance will do. You need to make sure that the trucking insurance you have reflects the risk exposures most prevalent to your business and will meet your specific trucking needs. You may assume that insurance covers everything, but what kind of things and situations are actually covered? Find out whether your trucking business is protected from these types of exposures.
Below are Some Typical Exposures/Scenarios That Can be Covered, but Not Limited to:
Your Truck and Other Property
- Your truck is vandalized
- Your truck is involved in a single car collision and is damaged
- Your truck hits another truck/vehicle
- A driver damages property while unloading
- Losses due to trailer-interchange
- One of your trucks is damaged due to fire, falling branch, theft, or hail
- Equipment and/or Cargo is stolen while under operator’s care
- Fire on rental property due to insured’s negligence
Injuries
- “Slip and fall” on the property
- Your driver causes an accident and injures others
- Employee(s) gets injured during the scope of work
Mistakes
- Libel and slander
- Legal costs (lawsuits) stemming from an accident
- Wrongful termination
- Sexual harassment
- Failing to deliver goods as promised
- Delivering the wrong goods
- Delivering damaged goods
- Damages due to a cyber attack
Optimize Protection Today for Your Trucking Business
In an effort to ensure you get the right type of trucking insurance protection, you need to understand all the situations where coverage is afforded. Our job at Paramount Insurance Agency is to assess the specific risk exposures unique to your trucking company and from there design a custom-built insurance policy that will minimize those risks and optimize protection. Call us today at 866-869-3335 with any questions or concerns regarding coverage for any specific exposure. We are here for all your N.C. trucking insurance needs.
