As a truck driver in Emmaus, PA, you need to be aware of the various insurance needs and regulations that apply to your business. Without the proper coverage, you could face some hefty fines or even have to shut down operations. This essential guide to trucking insurance from Patrick McNealis Insurance and Financial Group will provide you with the information needed to ensure you have the right coverage and stay compliant.
What is Trucking Insurance, and Why Do Trucking Companies Need It?
Trucking insurance is specifically designed to protect trucking companies and owner-operators from financial losses related to their vehicles and cargo. It covers everything from collision and property damage to liability, cargo, and medical expenses incurred by drivers or other people involved in a crash.
Trucking companies need trucking insurance because it helps protect them from unexpected losses due to accidents and other unforeseen events. In addition, it helps ensure that the company complies with state and federal regulations regarding trucking, which is essential for any trucking business.
What Types of Coverage Should Be Included in a Trucking Insurance Policy?
A trucking insurance policy in Pennsylvania should include various coverage options to protect the trucker and their business. These may include liability, cargo, physical damage, motor truck cargo, non-trucking liability, hired and non-owned auto, and general liability. All of these types of coverage will provide protection for the trucker in the event of an accident or other incident.
To ensure compliance with the laws of the Commonwealth of Pennsylvania, The policy should ensure minimum protection of $15,000 for any one individual’s injury or death, $30,000 for two or more individuals’ injury or death, and $5,000 for property damage.
Securing the Right Insurance Coverage for Your Trucking Business in Pennsylvania
At Patrick McNealis Insurance and Financial Group in Emmaus, PA, our team is available to answer any questions and guide you through the process of obtaining trucking insurance. Whether you are a large or small business, we can find the right coverage. Contact us today to get started!