If you operate a truck for business purposes, familiarize yourself with the distinctions between a personal auto insurance policy and truck insurance. These two types of coverage are for very different needs, and a misstep might cause your business to be exposed to risk.
What Does Personal Auto Insurance Cover?
As the phrase implies, personal auto insurance is insurance for individuals who use vehicles for everyday personal uses, such as getting to work, taking care of errands, or just going somewhere for a weekend trip. It covers liabilities, collision, and comprehensive occurrences, such as theft and natural disasters, but only in the personal context.
Once it’s used for work-related activities, like taking goods from one place to another, installing tools or equipment, or just delivering an order, the personal policy likely would not be considered valid for coverage.
What Is Commercial Insurance for Trucks?
It is designed specifically to cover vehicles used in business operations. It covers a range of risks, including cargo and freight damage, liability for bodily injury or property damage during deliveries, equipment and higher coverage limits for large vehicles, and non-owned vehicle liability (if employees drive personal vehicles).
Why the Correct Quote Matters
Getting commercial truck insurance allows you to ensure the coverage adapts to your specific business needs. The cost of coverage may vary due to:
- Type of truck
- Driving history of operators
- Distance driven
- Value of goods transported
- Required liability limits
Work with experienced providers who understand local regulations.
The Differences between Truck and Auto Insurance
The main differences between truck and auto insurance are:
- Purpose of Coverage: Auto insurance covers private usage of vehicles. On the other hand, commercial protection applies to work usage and liability.
- Coverage Limits: Commercial truck policies typically bear much higher liability limits because of the bigger risk associated with large vehicles.
- Type of Vehicle: Auto insurance will not cover heavy-duty or specialized trucks such as dump trucks, tow trucks, or tractor-trailers.
- Policy Requirements: Federal and state laws generally require businesses to carry commercial truck policies fitting certain limits and approvals.
- Profiles of Drivers: Insurance policies may apply to an entire pool of drivers, such as employees, requiring driving records and safety training documentation to be presented.
Conclusion
Your business deserves the assurance that comes with the right insurance coverage. For dependable and tailored commercial insurance in Savannah, GA, call Savannah Insurance Advisors today. We will assist you in considering your options and provide you with a quick commercial truck insurance quote in Savannah, GA, to ensure your trucks and your business are covered completely.