Transportation Insurance

Rolled Over Cement TruckThe commercial truck industry is one of the most diverse and highly regulated industries in the United States. This is because commercial trucks can be used for such a wide variety of applications and all will mandate different truck insurance coverage amounts. Trucking companies haul standard or household goods, garbage, building materials, refrigerated produce, hazardous materials, and fuel, to name just a few of the many ways commercial trucks are utilized.

This degree of specialization has spilled over into the commercial truck insurance industry. With so many different ways that commercial trucks are used, some special types of insurance are needed. Here’s a comprehensive guide to the most typical types of policies.
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Picture of a commercial truck accident

Got Truck Insurance?

Protecting personal property is important to all of us. For independent commercial truck drivers, that importance is compounded by the fact that not only is that personal property (such as their trucks) very expensive, but it is also their primary means of making a living—it’s important to be meticulous with your truck insurance policy to know when your equipment is covered and when it could be in jeopardy.

If damage to an independent owner/operator’s truck does occur, it may result in hefty repair bills or force the driver to purchase an entirely new vehicle. Neither of those options are good scenarios for drivers who probably don’t have the money for such financial burdens, considering they can reach the $100,000 range.

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The California Court of Appeals has just dropped the gavel on a four-year-old case that could have been avoided altogether with better customer service from a truck insurance company serving California.

The ruling was in favor of the commercial truck insurance company, who defendant and Los Angeles resident Roland Polanco accused of negligence that resulted in his arrest that allegedly triggered a seizure and cost him further medical bills.  The commercial truck insurance agent allegedly failed to call Polanco’s bank to verify his identification after receiving call from Polanco’s girlfriend and learning the bank had authenticity concerns regarding a check they had issued to him.

Polanco suffered a neurological disorder and is currently receiving checks from a workers compensation insurance policy the truck insurance company covered him under.  Only later, after Polanco was arrested and suffered a seizure, did the insurance agent call Los Angeles police to verify the authenticity of the check. (more…)

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