Everyone knows that car insurance is a must. Even in states that do not require it, owners are still financially responsible for any damages that occur, so purchasing a policy is the smartest thing to do. However, some kinds of vehicles require different coverage due to the unique risks involved in operating them. One of these vehicles is a dump truck, which must be insured with a specialized commercial trucking policy.
Risks Involved with Dump Trucks
The liabilities for dump trucks are different from those of a standard truck. Consider the following potential hazards:
- Loss of material being hauled
- Injury to driver or pedestrians
- Damage to windshields from flying debris
Dump Truck Coverage
Dump truck insurance is not available from every insurance company, so be sure to find an agent who understands the particular needs associated with large commercial vehicles. The policy underwritten for you will take into account the type of jobs you do with your dump truck, the locations where you use it, the people who operate it, and the value of freight it carries.
Expenses from an accident involving a large truck are usually substantial. Having a good insurance policy will give you peace of mind knowing you will not lose your livelihood as a result of a single accident.