As an independent hauler, you assume a substantial amount of liability each time you get behind the wheel of your rig. You could bear the financial and legal burden of any accidents in which you become involved. You also might find yourself liable for any freight that gets damaged or stolen while in your possession.
You likewise have to meet unexpected challenges, such as needing a tow to a repair shop or a winch-out if you slide into a ditch. You may get the coverage you need for such liabilities when you invest in high-quality and reliable commercial semi-truck insurance.
If you cause an accident while driving your rig, you will have to cover the repair and medical expenses of any victims, such as property owners or other drivers. They have the right to hold you accountable for any accident-related costs they may encounter because of the damage you inflicted on their vehicles or property.
These costs can soar into the tens or hundreds of thousands of dollars, particularly if you must pay for a victim to be hospitalized or buried. Rather than paying out those expenses on your own, you can use your commercial semi-truck insurance to help you meet them. The victims or the victims' survivors can make a claim against this policy and recoup the money to which they are legally entitled.
Furthermore, your commercial semi-truck insurance may also pay for any damages or theft to the inventory you are hauling. You may not be to blame if you lose freight because of icy roads that cause you to jackknife and spill out the contents of your rig. You also may not be responsible for thieves breaking into your truck and stealing freight from you.
Your commercial semi-truck insurance can pay the companies for which you are hauling the losses for their inventory. You may avoid having to pay anything out of your own pocket when you make a claim against your own commercial semi-truck insurance.
Winch-Outs and Tows
Finally, your commercial semi-truck insurance may cover the costs of tows and winch-outs if you get stuck or experience a mechanical problem while driving. You avoid having to pay to get your rig towed or hauled out of a ditch or median yourself.
Commercial semi-truck insurance can help cover your costs for any accidents you may cause while driving your rig. It also can pay for theft and damages to inventory and tows and winch-outs for mechanical problems or inclement driving conditions.Share