Malwa Insurance

Motor Truck cargo insurance protects the transporter for his responsibility in the event of damaged or lost freight. The policy is purchased with a maximum load load limit per vehicle. Truck insurance coverage limits can range from $10,000 to $100,000 with excess policies available upon request. Pricing for this insurance is mainly dependant on the type of cargo being hauled.

Non- Trucking Liability ( Bobtail Coverage) provides limited liability truck insurance for owner-operators who are permanently leased to an ICC regulated carrier. It provides limited liability protection when the owner-operator is not on dispatch, nor pulling a loaded trailer. For example, this coverage would apply when the owner-operator gets.Their truck washed or brings their truck into a repair shop. If the owner operator is under dispatch, they are covered under the Primary Liability insurance policy of the company that they are leased to.

Trucking Physical Damage Insurance is coverage for your truck and trailer. This insurance coverage is for repair or replacement for damage resulting from things suck as collision, fire, theft, hail, windstorm, earthquake, flood, mischief, or vehicles. Pricing is based on the value of your equipment and usually pays a percentage of that value. This truck insurance coverage may be required by thelien holder of your vehicle.

Primary Liability Insurance Coverage protects you from damage or injuries to other people as a result of a truck accident. This truck insurance coverage is mandated by state and federal agencies and proof of coverage limits ranging 7500 from $1,000,000. Pricing is dependant on territory driving records, and history of the trucking operation. For a visit our information center.

Trailer Interchange Insurance is coverage for the legal liability of truckers for loss or damage to non-owned trailers and equipment which are in the insured’s possession under a written trailer interchange agreement.