There are a lot of risks on the open road. When choosing commercial trucking insurance, you have to remember that not all accidents happen on the road. Your truck could be damaged or totaled in an accident or from fire, storm or other natural disasters. Someone could steal or vandalize it. Any of these could put your truck and your business out of order. As a result you can lose a lot of money on repairs or even a new truck. Not to mention the lost profits.
Basically, the occupational accident insurance offers benefits to independent contractors and drivers who are not covered under a worker’s compensation policy.
Most days you drive with a trailer attached delivering goods where they need to be. But, sometimes you don’t. If you are operating under someone else's trucking authority and you drive without a trailer, this is referred to as bobtailing.
Bobtail insurance is liability insurance that provides protection when you are driving a truck without a trailer.
Being a truck driver may seem like an easy job, but the truth is it can be pretty dangerous and exhausting. In order for a driver to do his/her job, he/she must get their CDL and go through extensive training. And even after this, driving a big rig doesn’t get much easier. Yes, it gets easier if you put the time in it and get experienced, BUT this doesn’t mean accidents won’t happen.
Truck accidents can be devastating for the unfortunate victims who are involved and the family members who must move on after that. If you're involved in an accident between two passenger vehicles, damage and injuries can be serious. Add a commercial truck hauling tons of cargo into the mix and results are often severe and tragic. A severe truck accident can lead to a fatality or severe injuries for many of the people caught in its way. There were more than 4,000 deaths due to trucking accidents in 2017. More than 100,000 people suffered minor to severe injuries in truck accident during the same year.