Trucking Insurance: Know the Facts
Insurance, no matter what you need the coverage for, seems daunting at times. It doesn’t have to be this way. When it comes to the trucking industry, there are plenty of coverages designed to help truckers. Several companies, like Western Trucking Insurance, dedicate their coverages to truckers specifically. It’s time to debunk the myths and learn the facts about trucking insurance.
Small Businesses Still Need Coverage
One of the rumors is that a small business won’t need coverage. Anyone, no matter how large their trucking business is, can be sued for damages. If you’re facing a lawsuit and found liable, then it can break your business. You may think you don’t have the revenue to be sued, but in reality, you won’t have the revenue to fight it or the coverage to protect you.
Accident Coverage Is Not Enough
If you’re in an accident and have auto insurance, you can expect there to be some coverage. Unfortunately, it won’t cover all of the expenses that you might incur. It’s important to be covered for all expenses that you might have in your commercial truck insurance policy.
As a trucker, you not only have specialized risk since you’re always on the road, but the cargo that you carry will be a huge financial loss if something happens to it. Many specialized risks make trucking insurance, like Western Trucking Insurance, crucial.