Specialized trucking insurance is truck insurance designed to protect trucking companies and their drivers. Thus saving them from losses and liabilities that may occur while transporting goods and materials. It typically includes coverage for damage to the truck and cargo and liability for injuries or property damage. However, it can be due to the truck and legal fees and settlements associated with accidents or other incidents. Specialized trucking insurance can include additional coverage options like non-trucking liability, bobtail insurance, and trailer interchange insurance. It is generally mandatory for trucking companies and owner-operators to have this insurance. Thus, many states have specific regulations to have insurance to do business.
Thus, trucking companies can secure the best coverage by working closely with an insurance agent who specializes in trucking insurance. Moreover, they can guide them through the process and find the best coverage for their specific needs.