Moving Truck Insurance: Specialty Insurance for Household Goods Haulers

Moving truck insurance is specialty insurance coverage to cover moving vans and trucks.

As you may know, commercial truck insurance takes on many forms.  This is because there are so many different facets of the commercial truck industry, each with there own specific concerns.  The nature of the cargo being hauled is one of the most common factors that tend to affect coverage needs.

Cargo can be perishable, such as food; hazardous, like fuel and industrial waste; or highly fragile.  Specialty insurance packages exist to cover these types of cargo.  This article will explain one of those types of specialized insurance in detail: moving truck insurance.

Moving trucks require specialty insurance coverage for a variety of reasons.  The first is because movers tend to haul goods that can be very valuable and/or fragile.  As careful as a driver may be, accidents can happen that may damage a customer’s property.

Moving truck insurance will cover the cost of damages to the cargo.  This damage may be the result of an accident during transit or sustained while loading or unloading the cargo.

Specialty Insurance

Another consideration is that moving trucks are allowed access to areas that many other large commercial trucks are not.  This primarily means residential areas.

Large trucks such as moving trucks can cause significant damage to residents’ vehicles and property in the event of an accident.  Moving truck insurance provides additional liability coverage in these situations.

Be Sure You Are Fully Covered
It is important to remember that even if hauling household goods is your only specialty, moving truck insurance does not provide all the coverage required by law.  A primary trucking liability insurance policy must also be included.  Other supplemental forms of coverage, such as physical damage insurance, are also available.

Further Truck Insurance Articles and Resources:
For more truck insurance reading on related topics, visit our main truck insurance articles page or peruse other tiles like: 7 Tips for the Best Truck Insurance Rates or Towing Insurance