Auto Liability
Auto Liability for trucking works the same way as for your personal auto. It covers (based on the policy) property damage and bodily injury to others.
Physical Damage
Physical Damage is what your personal auto calls comprehensive and collision coverage. With trucking there is not a separation between whether it was a collision incident or a comprehensive. It is a claim, and you pay your deductible.
Cargo
Cargo coverage is also known as Inland Marine will be a required coverage by your brokers. Cargo covers the non-owned freight that is or on the trailer. The limits can range from $50,000 to $1M. The current standard limit is $100K..
Other insurance coverages to consider:
Depending on the size and type of trucking operation you run you may need to consider additional coverages listed below.
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Workers Compensation / Occupational Accident
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Employer Liability
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Cyber Liability
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Excess Cargo
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Pollution Liability
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Excess Liability
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Bond(s)
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Health Insurance (Group / Individual) - with nationwide coverage
