How Does Truck Insurance Work?

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How does Truck Insurance Work?
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• Important coverage for a small business or an
  owner-operator offering trucking services
• The insurance package you choose for your
  business will likely include several different
  types of coverage, and understanding how these
  work will help you recognize the alternatives you
  require

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Basic Coverage

• Consists of collision coverage and comprehensive
  insurance
• Works as like as regular motor vehicle insurance,
  covering the expense of repairs to your vehicles,
  up to a maximum value, that's covered by
  something other than a collision

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Specialized coverage

• Offers a variety of special truck insurance which
  has a variety of options
• Insurance for every possible situation in which
  your truck could be occupied, without increasing
  the price to an unaffordable amount

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• Cargo insurance insures the loss or damage of the
  cargo, and the expense depends on the type and
  value of the cargo

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Premiums

• Payable monthly in advance
• Payments can be combined with the truck payments

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Non-trucking coverage

• Not directly related to the transportation of
  cargo include bobtail insurance
• Applies after the trucks load is delivered and
  the vehicle is travelling without cargo or a
  trailer, or if the owner uses the truck for
  private use

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Deductible

• Premiums are dependent on the deductible you
  choose
• You can go for a high premium and low deductible
• For an organization with experienced,
  accident-free drivers, a high deductible and low
  monthly premium is a good option

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www.bulletinsurance.com.au Contact 1300 921
998 Email info_at_bulletinsurance.com.au
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