Commercial Truck Insurance coverage is critical to your business
It’s in the news. You hear more and more about massive jury awards that result in a business’ financial ruin.
Most business owners never expect to encounter a loss that exceeds the limits of the coverage they have to manage accidents, mistakes and injuries—also known as liability insurance—but unfortunately in today’s business environment, it happens too often.
A large loss could impact the business success you’ve worked so hard to achieve and destroy your hopes for a bright future.
Valley Trucking Insurance Agency can help you protect the assets you have today by providing added coverage where you need it most. We can help you build a tailored commercial truck insurance solution that meets the specific needs of your business.
Cargo Insurance Coverage: What’s Covered and What’s Excluded
Most cargo that is shipped under a proper bill of lading will be covered by your cargo insurance. Major exclusions include, but are not limited to:
Alcohol, Tobacco, some medicines, and any illegal drugs
Currency and Valuables (especially art, jewelry, coins, and cash)
Items considered dangerous (acids, explosives, or radioactive items, including some fireworks and other celebratory products)
Living creatures
Anything owned by your company
If you plan to ship anything excluded from cargo insurance, it may be covered by another policy (especially if you own the items in question). Otherwise, you can talk to one of our agents about alternatives for cargo insurance and freight insurance that can actually cover the transportation of high-risk items.
It’s also important to note that collisions are not the only forms of loss—theft is a major problem in some areas, and average losses approach a quarter‑million dollars per incident.
Larger trucking companies require more insurance in case there are problems with multiple vehicles, such as thefts from multiple trucks parked in one place. Even smaller companies are at risk, though, making cargo insurance and freight insurance one of the most important defenses of any hauling company.
Contact Valley Trucking Insurance Agency or start a quote online, and we will put together and insurance bundle to fit your needs.
