Do I need dump truck insurance?
If you own or drive a dump truck, you will need to speak someone at one of the many dump truck insurance companies. What type of insurance you need will depend on the state you live in, the type of work you’re doing and a number of other factors. If you are an owner/operator, you absolutely need to have the most comprehensive coverage possible. If you are a driver, the type of insurance you need to carry will depend on what the company you work has, what your work agreement is and, again, what the rules in your state are.
The best way to safeguard yourself – in addition to driving as safely and well as you can – is to be informed. Knowing what you need and what you don’t will save you money both in the long and short term. Short term meaning your monthly premiums, long term meaning avoiding legal fines or paying for repairs. A good agent will work with you to get the best information on your needs and then craft a policy to meet them.
What’s the right type of coverage for me?
Fortunately most of the dump truck insurance companies have experts on hand who will ask you questions to help you determine that.
Otherwise, this will depend on a number of factors. As an owner/operator, being certain your driver, vehicle and cargo have at least the minimum required coverages for your state is crucial. As a driver, your employer will have some level of insurance, but you may feel the need to supplement that, or you may be required to by state laws.
State, county and city regulations can be difficult to keep track of. Your dump truck insurance agent is a good source for staying compliant. They’ll also help you to work through any changes in your policy if you make alterations to your company, fleet size or the work you do. These are only some of the things that can impact your costs and policy needs, the right agent will help you stay on task.
I’ll by going with the bare minimum, right?
Certainly, all policies are cheaper if you get just the very least required by your state. But remember, you get what you pay for. Getting the cheapest possible policy can cost you in the long run. If you don’t get collision, for example, you’re betting on never being at fault. That can leave you unable to afford to fix a vehicle and destroy your income.
The same thing happens if there’s an accident that involves an uninsured motorist. Nothing may be your fault, but you’re still stuck paying. Is saving a few dollars on premiums worth risking your livelihood? Only you can make this decision, but the advice of your dump truck insurance agent is worth listening to.
So, What’s next?
Regulations vary from state to state and no insurance policy is identical to any other. And the myriad of things you can have covered means you don’t have to pay for too much coverage, you can tailor it to your specific risks. Our coverages include:
Trucking Insurance USA specializes in a wide variety of coverage’s including: