The company you contracted with was reputable. You've been an owner-operator for nearly a decade. You figured everything was on the up and up. You were confident everything was covered. So you took the job and hit the road. You didn't have a concern in your mind. You were out to make some money. That's the name of the game in the trucking industry. Stack that cash. Things didn't work out as planned...
Your new rig was stolen right from you. That was awful. You didn't imagine things would get worse. Once you have calmed down, you reached out to the insurance company. You figured your rig would be covered. You thought a new one would be in your possession in a matter of weeks. You thought wrong. Apparently, you had purchased the wrong kind of Physical Damage Insurance. You bought collision, but you needed comprehensive to be covered if your truck gets stolen.
Who Needs Non-Trucking Liability Insurance? If you own or drive a rig, then getting Non-Trucking Liability Insurance could be a great idea. While many don't plan on using their truck for non-business purposes, life happens. Nearly every driver ends up using their rig for personal use. As such, most drivers will benefit from the coverage and extra level of protection.
What if you are married, and are the sole breadwinner in your family. The money that you take home from your trucking company is the money that feeds your spouse and your children. With so much riding on your safety, getting a back injury, or other injury related to your profession, can be detrimental to your family.
You can make a lot of money in the trucking industry, depending on what you’re hauling. However, no owner operator wants to see all their hard-earned money go to waste by overpaying for Commercial Truck Insurance. We have done the research by speaking to insurance companies and agents, and have put together a top 9 list of ways to save on your Commercial Trucking Insurance rates.