When you are looking for commercial truck insurance quotes, you want the best premium quotes that you can find. There are those providers who specialize in commercial truck insurance quotes, and those brokers who have their connections. This all might confuse you, however.
So, what is it that you need to be looking for in commercial truck insurance providers? Let’ just say that there’s a bit more strategy involved than you might think.
For starters, there is more to it than meets the eye if you are new to applying to find commercial truck insurance quotes. You should have your current commercial truck insurance declarations page, also known as a “dec” page, ready at hand. If you don’t have one of these, just use your current personal insurance page.
You will need to give the broker or insurance agent, drivers license numbers as well as the summed-up driving histories of all of your drivers. If they have had speeding tickets, or other moving violations tickets, you’ll need to be able to tell about them, too.
Remember that’s very important that you be accurate and honest with all of this information. Your commercial trucking insurance quote is going to rise, possibly dramatically, if records are checked and it’s found out that one of your drivers has done some bad things or had some problems that you did not report. If you want an accurate quote right up front, provide accurate and honest information.
You are going to need to provide VIN numbers (vehicle identification numbers) for each one of your commercial trucks, in addition to a summary of safety and security features included on each truck. Just in case you don’t have a truck’s VIN number handy, you can get away with providing the insurance agent or broker with all of the detail about a vehicle that you can. This needs to be inclusive of the model, the manufacturer, and the year.
Now, once you have provided sufficient information, you’ll need to decide which type of commercial trucking insurance policy you want.
For instance, you may want to simply take the law-mandated (in nearly every state now) liability insurance. Liability insurance is coverage that pays another party for any damage or harm that you cause with one of your trucks.
But there is also what’s known as bobtail commercial truck insurance. This insurance will cover costs that you or one of your truckers might incur while out on the roads, such as need for maintenance. This is sometimes called “deadhead” insurance.
What about motor truck cargo insurance? This type of insurance protection covers damage to or theft of the merchandise that one of your trucks is actually transporting from X to Y.
So, you see, choosing commercial truck insurance isn’t as simplistic as it might seem! Be careful!