If you own a semitruck, then you understand how important it is to carry insurance; however, you may not know how to protect yourself from all the risks you encounter while using it for work. Here are three lesser-known types of semitruck insurance that might be a good fit for your situation.
1. Trailer Insurance
Trailer interchange insurance covers damages you inflict on a trailer that belongs to another party, and with whom you have a written agreement. Non-owned trailer insurance is a similar policy that applies to any borrowed trailer hitched to your truck, regardless of any written contract.
2. Crime Insurance
A motor truck cargo policy pays to replace freight that is stolen or vandalized under certain conditions, such as when it is inside a warehouse. If you are concerned about potential theft by employees, a crime insurance policy is a good supplement.
3. Commercial Property and Equipment Coverage
Commercial property insurance covers damage or loss of a company’s belongings. However, it generally applies only to non-mobile objects. Items that drivers take along in the truck require additional protection by equipment insurance.
Your insurance agent may not have told you about all the unique policies designed to protect your semitruck. Ask which ones are right for you today.
Insurance customers hit the market armed with a list of what they need. They are looking for a company that can offer them a wide range of products that are comprehensive and affordable. Their desire for a good price is not outdone by their need for outstanding customer service and a user-friendly system. So where can an agent go to find the right fit for their client?
Program Business is an online platform that provides a comprehensive list of wholesalers, administrators, MGAs/MGUs and carriers to independent agents. As an agent, Program Business’s extensive directory of programs and providers gives you an unparalleled resource to service your clients.
Program Brokerage Corporation
One example of a storefront that agents can access from the Program Business platform is Program Brokerage Corporation (PBC). PBC offers a high-quality resource designed for the middle-market insured. They also offer a well-recognized purchasing group plan that has a successful track record. PBC summarizes their services as a winning combination for carriers, producers and the insured thanks to their experienced and resourcefulness. PBC invests their own financial resources in both the claims and the expense side.PBC offers insurance programs for environmental, residential, pest control, umbrella, nursing home, elevator, small business services and more.
When you need to find the right coverage for your residential or commercial clients, check out the Program Business Platform and Program Brokerage Corporation.