Selecting the best motor carrier coverage is the best way to protect your investment and your trucking business.
Premier Shield offers Truck insurance through Progressive which will not only protect your business and provide the coverage you need, it offers you some of the best rates in the industry, 24/7 policy assistance, and expert claims service, as well.
For-hire Truck Insurance Recommendations from Progressive
Trucking insurance can be complicated and that’s why we partner with Progressive to help us better assist our trucking insurance customers.
Many motor carriers use permanently leased independent contractors. If you are one of these for-hire owner-operators, you may receive Primary Liability insurance under your Motor Carrier’s authority. However, you may still need to purchase “Contingent” or Non-Trucking Liability insurance, as well as Physical Damage coverage for your vehicle. There are many for-hire truck insurance options.
Like auto insurance, truck insurance is regulated by the government and has certain mandatory minimums for truck coverage.
Truck liability insurance is a required motor carrier insurance coverage that pays for damages you cause to other people and their property.
Liability insurance coverages for motor carriers include Property Damage coverage and Bodily Injury insurance.
Optional Motor Carrier Truck Insurance Coverages
Progressive offers excellent optional insurance coverage for motor carrier truck insurance. Below are a few examples.
Physical Damage coverage – Can pay for repairs to your truck if it’s damaged in an accident, whether it’s caused by a collision with another vehicle or a falling tree branch and can include Collision insurance, Comprehensive insurance, or Fire and Theft with Combined Additional Coverages.
Medical Payments insurance – Available in select states, this first-party coverage can pay medical bills for you and any passengers in your truck in case they are hurt in an accident or auto-related injury.
Uninsured Motorist insurance – Can pay for injuries and damages to you or your passengers and your vehicle, where available, caused by drivers who either don’t have insurance or don’t have enough insurance to cover your injuries and damages.