Flatbed trucks are substantial vehicles designed to transport heavy loads, including machinery, steel, vehicles, and more.

Due to their payload capacity and unique design, flatbed trucks face increased vulnerability to external exposures, as well as heightened liability risks on the road. Lucky for you, we are trucking insurance experts and can help provide crucial protection for drivers, trucking companies, the cargo, and fellow road users - GET A QUOTE TODAY.

Here are key insurance considerations when insuring flatbed trucks:

Auto Liability Insurance

Auto liability insurance is fundamental for covering legal responsibilities to other drivers in the event of an accident. Auto liability insurance comprises two primary policies:

Physical Damage

While auto liability insurance protects other drivers and legal obligations, it does not cover damages to the insured truck itself. Physical damage insurance fills this gap by safeguarding the financial investment in the flatbed truck. It includes two main coverage options:

Collision Coverage

This component helps repair or replace the flatbed truck if it sustains damage due to accidents or collisions with objects or other vehicles.

Comprehensive Coverage

Comprehensive insurance covers repair or replacement costs when damage results from incidents other than accidents, such as fires, vandalism, falling objects, or animal collisions.

General Liability

Trucker's general liability insurance serves as a crucial layer of protection against claims related to bodily injury or property damage arising from the regular use of a truck for business purposes. This coverage is vital for scenarios involving loading at docks or working at job sites, offering a primary defense for safeguarding your business interests.

Cargo Insurance

In addition to protecting against claims related to people and property, flatbed truck insurance should also include cargo insurance to safeguard the valuable and often unwieldy loads transported daily. Cargo insurance shields transported cargo against theft, fire, or collision, ensuring that your cargo remains secure during transit.

Property Damage

Property damage liability covers the repair or replacement of the other driver's vehicle if a flatbed truck driver is found at fault in an accident. It also extends to other property damaged in the incident, including buildings.

Conclusion

Insuring flatbed trucks requires a comprehensive approach that addresses various aspects of risk and liability. From auto liability insurance to physical damage coverage, each component plays a crucial role in safeguarding the interests of flatbed truck operators and the cargo they transport.

At LuckyTruck, our expert brokers in insurance and our cutting-edge digital app can steer you to reliable insurance solution for all your insurance needs. - GET A QUOTE TODAY.