Trucking Insurance in Batesville, Mississippi

If you own or operate a commercial trucking business, you must account for many risks and exposures even amid regular functions and seemingly routine tasks. Given the significant financial investments your trucks represent and the multitude of incidents and perils that might impact your property and operations, securing sufficient insurance should be a top priority.

How Does Commercial Trucking Insurance Work?

Commercial trucking insurance policies can often offer multifaceted financial protection, potentially addressing many risks and exposures common in your industry. Whether your vehicles are parked on-site, embarking on cross-country journeys or making local deliveries, an appropriately tailored policy can make all the difference following accidents and other incidents.

What Does My Policy Cover?

The exact contents of an ideal commercial trucking policy may vary depending on your business’s unique circumstances. For example, smaller businesses with only a few vehicles likely need less coverage than large companies with hundreds of trucks and multiple locations. Still, many types of coverage are generally advisable inclusions for your commercial trucking insurance. Consider prioritizing the following:

• Cargo insurance can cover goods and materials you’re hauling or delivering in one of your vehicles, potentially accounting for losses arising from accidents and theft.

• Liability insurance may assist with third-party losses and expenses if your drivers are at fault in an accident, such as if other motorists are injured or their vehicles are damaged.

• Physical damage coverage may help pay to repair or replace your trucks if they’re damaged by covered incidents, including accidents, fires, criminal activity and natural disasters.

• Roadside assistance coverage can help with towing fees and other expenses if your trucks break down and drivers require assistance.

• Uninsured/underinsured motorist coverage can offset losses for which someone else is responsible, even if they lack appropriate insurance.

Is Insurance Required?

Yes, commercial trucking insurance is typically required by law. In Mississippi, your trucking company must retain bodily injury and property damage liability coverages. Additional requirements may apply depending on the types of vehicles you own and what you use them for. Furthermore, lenders may impose additional mandates if you’ve financed your trucks.

Get the Right Coverage

Contact Insurance Solutions Center today to learn more about commercial trucking coverage or get a free quote.