Whether your dump truck is for private use or hired, we know you’re vital to every job site. It’s also vital to have the right amount of insurance coverage to protect your assets from the financial liabilities an accident can cause.
Auto liability- This type of insurance will protect you and your business if you or an employee is involved in an at fault accident caused by your dump truck. Liability Insurance will cover bodily injury claims, financial support for the medical expenses of the injured party, and financial reimbursement for the property damaged during the accident. This coverage can also cover expenses for attorney fees related to your defense.
Your insurance policy can be structured as a combined single limit or split limits. A combined single limit is a flat amount that applies to any combination of bodily injury and property damage liability claims. While split limits are three separate dollar amounts apply to each accident: per person limit, per occurrence limit for all injured person, and per occurrence.
Uninsured/Underinsured Motorist Insurance- If your dump truck is damaged or you get injured from another party that does not have insurance or does not have adequate insurance, this coverage can help pay the difference of expenses incurred.
Physical Damage (Comp/collision)-coverage that will pay for damage caused by an incident rather than an accident. Typically, this covers severe weather, theft, or vandalism.
Medical Payment /PIP -covers medical payments from injuries that occurred during an accident. PIP Insurance covers the policyholder as well as passengers.
If you own your dump truck and/or business, you will also need business insurance coverage. The most important of those coverage are General Liability Insurance and Workers Compensation Insurance.
General liability- protects your business if you're sued for personal injury or property damage. A typical policy will cover those accidents or damages that occur on-site or because of using goods or services sold by the company. In addition, coverages can be designed to cover additional costs like attorney fees or court costs.
Workers Compensation- Coverage and benefits can be obtained for the worker no matter who is at fault. For those workers injured in the workplace, medical expenses and income replacement may be necessary.
Let one of our Trucking Insurance specialists find the right coverage for you today. . Contact us to find out more about truck and trucking insurance in Fort Walton Beach, Crestview, Baker, Defuniak Springs, Holt, Milton, or Pace.