If you are a big rig driver, you need insurance for the vehicle. Policies cover a variety of damages arising from incidents ranging from bodily injury to loss of cargo. Whether you are an owner or an operator, consider these reasons for why it's essential to obtain coverage for your truck.

3 Reasons for Purchasing Commercial Trucking Insurance

1. Liability Coverage Is Mandatory

 In addition to having a DOT number, the Federal Motor Carrier Safety Administration (FMCSA) requires truck operators to carry public liability insurance for bodily injury and property damage. You must show proof of coverage before the agency issues an Operating Authority (MC number), which you need for using interstate commerce to transport commodities that are under federal regulation, such as agricultural goods.  

2. Physical Damage Coverage Protects Your Business 

If you're a tractor-trailer owner and your truck is in an accident while on the road, a physical damage policy covers your vehicle. Receiving policy benefits can save your business financially when you use them to repair or replace the damaged truck. If you're still paying off your rig, the lien holders require you to carry coverage to protect their interests.

3. Cargo Policies Cover Load Loss

Cargo insurance is beneficial if your load gets damaged or destroyed. Your cargo policy benefits pay for replacing a load lost due to an accident. This coverage is optional for FMCSA purposes, but it is especially useful if you work with shippers or your truck is a moving van transporting household goods. When you talk to your insurance agent about what you intend to haul, they can help you choose between the right coverage plans and amounts.  

When you need quotes for your big rig insurance policy, turn to Russell Insurance Agency in Robertsdale, IL. Offering truck owners and operators more than 20 years of experience, these coverage specialists will ensure you have the best coverage options from trusted providers. Their agents work diligently to find the policy you need at affordable rates. For testimonials from previous clients, visit the agency online, or call (251) 947-3607 to request a quote.