Securing Your Assets with All Fronts Insurance’s Physical Damage Coverage
Whenever we think of a trucking business, the truck and the trailer significantly matter. With All Fronts Insurance’s Physical Damage Coverage, safeguard your truck and trailer against potential damage. We cater our coverages to your unique operation and the specific risks involved.
What you need to know
Our coverage pertains particularly to damage inflicted on your truck and trailer. Though generally, the coverage limits span from $100,000 – $250,000, recognize that certain exclusions may apply. The policy takes care of damage costs up to a vehicle’s market value without exceeding the stated amount. It’s crucial to know that insurance providers typically aren’t fond of units over 12 years old.
When setting up your Physical Damage coverage, the power lies with you to decide the limit and deductible that fits your comfort level. Remember, a higher deductible can reduce your premiums, but the deductible value should be pocket-friendly in the case of a claim.
Categories under Physical Damage Coverage
Comprehensive & Collision Insurance
Comprehensive coverage safeguards your vehicle against non-collision damage or theft. It comes into play during incidents like fires, robberies, pilferages, floods, windstorms, earthquakes, or explosions. Some policies may incorporate an attended vehicle endorsement implying the necessity of your presence at the time of the loss.
Collision coverage rescues your vehicle when it collides with another object or overturns. It is there when you face incidents like stranding, sinking, burning, derailment, or collision with a conveniences.
Supplementary Coverages under Physical Damage
We offer several additional coverages for maximum protection, including:
- Towing & Storage: This coverage caters to the towing and storage expenses of the units mentioned in your policy.
- Trailer Interchange: It compensates you for damages to a non-owned trailer under the trailer interchange agreement.
- Non-Owned Trailer Coverage: This compensates for damages to a non-owned trailer attached to the power unit listed in the policy at the time of the loss.
- Loss Payee: It lists a third party on your policy as the beneficiary.
At All Fronts Insurance, we aim to fortify your assets and equip you with the strategic coverage you require for a successful operation. Now, driving towards success with your trucking business is as secure as ever.