If you haul long haul, you know the risks that come with the job. One of the ways to protect against some of those risks is with long haul trucking insurance from a provider like Beck Insurance Agency. Long haul trucking insurance offers protections for all the equipment you haul as well as those who are injured while on the job. Coverage may also extend to damaged property.
Long haul trucking is no joke. It’s dangerous work, so your driving record is key. We looked at some of the top companies in the business to find out which is the best long haul trucking insurance company. These five companies all offer competitive coverage at a great price, so make sure you check them out before your next long haul trip.
How do I buy long haul trucking insurance?
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When you’re looking for long haul trucking insurance, it’s not as straightforward as buying auto insurance. Some companies require you to have worked in the industry for a number of years, while others allow you to purchase coverage if you’re just starting out. You’ll need to take into consideration your driving record, the type of truck you drive and how many times you drive annually.
Long haul trucking insurance is complicated, but buying long haul trucking insurance doesn’t have to be. To find out how you can be covered while you drive long haul drivers, start by getting a free quote. With quotes, you can see how much a long haul trucking insurance policy will cost you.
Is Long Haul Trucking insurance required?
If you have decided to venture out and become a long-haul truck driver, you’re probably asking yourself, “Is long haul trucking insurance required?” The answer, thankfully, is yes. Long-haul trucking requires a different type of insurance coverage than regular truckers need, and that insurance coverage is called bobtail insurance. Bobtail is a type of insurance coverage that only covers the truck itself, and drivers are typically required to get it before they can start driving.
It’s possible to skip having to buy commercial auto insurance for long haul trucking, but if you do, you’ll be on your own in the event of an accident. Even though many truckers purchase their own commercial auto insurance for long haul trucking to save on costs, this option might not save you enough to keep you out of trouble.
What is Long Haul Trucking insurance?
Long haulers typically travel over 3,000 miles per week. This road trip is usually for 10 days or even longer. Traveling over long distances can be very dangerous. A good truck driver is likely to be injured at some point during his trip, but his injury could be severe enough to prevent him from working. That’s why it’s so important to make sure that you and your truck are properly covered.
Long Haul Trucking is a trucking insurance specifically designed for the fleet of trucks that move freight across state lines. This type of insurance is known as “non-traditional insurance,” meaning it is not written for a specific type of vehicle. Instead, it is written to cover both trucks and truck operators, regardless of the type of vehicle they drive.
How Much is Long Haul Trucking insurance?
When most people think of long haul trucking, they think of the trucks that travel cross-country. These big rigs are hauling cargo from one state to another, but they aren’t the only type of long haul truck. In fact, there are plenty of companies that specialize in shipping freight from one state to another, but they normally don’t travel far—if at all. Short-haul trucking covers any shipment that travels less than 500 miles, and the majority of these shipments come from smaller warehouses.
Long haul trucking insurance is typically expensive. Because long haul truckers travel such long distances, they’re exposed to greater risk than other types of commercial drivers. On top of that, it’s not uncommon for long haul truckers to work for 20+ hours at a time without taking a lunch break. That makes long haul trucking insurance all the more important to drivers’ peace of mind.
Commercial Cargo Insurance
Cargo insurance can help protect your valuable cargo while you’re on the road. If you’re looking for coverage, you can turn to FS Insurance Company for coverage options, or for cargo insurance rates, as well as cargo insurance quotes. Because the cargo insurance market is so complex, the best way to ensure you get the best deal possible is to compare multiple quotes from multiple carriers.
Commercial cargo insurance protects your business in the event of an accident or damage to the cargo you transport. This type of insurance usually takes care of cargo losses and damages when goods have been loaded onto a commercial motor vehicle for shipment.
In conclusion, with rates on the rise, you wouldn’t think the lower mileage of no load miles would have an impact, but companies now are charging more based on that. The actuarial profession has decided that the ratio between miles driven and miles driving with no load can be approximated by a logistic function.
Just because an insurance premium is affordable doesn’t mean it’s not worth what you are paying. Companies offering this insurance should make sure that they are properly licensed and regulated by an independant body. This will ensure their customers are getting the best coverage for any eventuality, including accidents or injuries.