Here at Mayberry Safety Solutions, we strive to provide you with a one-stop-shop for all your needs. In addition to our safety solutions, we provide a wide variety of insurances. Contact us to create a custom insurance package.
Industry Wide Requirement
Primary Auto Liability
You are required by federal regulations to have this insurance coverage. Every one of your trucks, including leased units, must carry commercial auto insurance. Liability insurance will provide you with protection when a third party becomes injured from an accident.
State Wide Requirement
Every state requires general liability coverage. It protects you if one of your drivers causes property damage or bodily damage because of a crash. It covers a driver’s actions who is operating on another person’s premises, like truck stops or loading docks. It also includes load delivery mistakes.
Physical damage coverage will pay for a commercial truck or trailer repairs from damage by things like:
- Natural disasters
Alternatively, if your truck becomes damaged beyond repair, this coverage will replace it. The cost of the truck and equipment will determine the premiums.
Bobtail coverage, also called non-trucking liability, is coverage for circumstances where the truck driver is driving the truck for personal reasons or is off dispatch. Any situations where the owner-operator isn’t covered by primary liability coverage, bobtail coverage will cover kick in. But, bobtail insurance doesn’t protect truck drivers when they’re pulling a trailer, using a truck to make money or driving a truck for a trucking company.
Damge & More
Trailer Interchange insurance provides Physical Damage insurance for trailers being pulled under a trailer interchange agreement. This is essentially Physical Damage insurance for non-owned trailers. This insurance protects you if the trailer is damaged by collision, fire, theft, explosion or vandalism.
Rental reimbursement is exactly what it sounds like — it provides you with money for renting a replacement truck while your vehicle is being repaired.
Motor Truck Cargo
This coverage provides you with protection if the cargo on one of your commercial trucks is lost or damaged. Premiums will depend on the freight type.
Protect the Driver
Medical payment coverage pays for any medical bills you or a passenger incur while driving or riding in the truck. Each state will vary in this coverage.
This insurance will protect you if another person hits you and doesn’t have liability insurance.
Reefer Breakdown Coverage
If you own refrigerated trucks, reefer breakdown coverage would cover the cost of things like:
- Refrigeration breakdown
- Lost cargo
- Damage to products because of a collision
Some insurance policies have exclusions. For instance, certain products are excluded, such as tobacco products, frozen food, or seafood.