Different aspects of insurance coverage influence truck insurance quotes. The more of these types of coverage you have, the more your insurance will cost. Here are a few of these coverage types.
Collision Protection
This kind of insurance will cover the cost of repairing or replacing your truck after an accident. Having collision protection on your truck will result in a higher insurance rate, but it is helpful if you total your truck.
General Liability
This type of policy covers the damages to the other party that result from an accident. For example, if you hit someone’s car, your policy will cover the repair expenses and legal fees.
Comprehensive Coverage
This type of coverage pays for repairs resulting from damage caused by fire, flooding, theft, hail or hurricanes.
Bobtail Insurance
This kind of coverage pays for repairs or replacement to the truck if the driver takes the truck home after work and something happens while it is parked there.
Uninsured Motorist
This type of insurance pays for repairs or replacement of the truck if it is damaged by a motorist who is underinsured or unisured.
These are just a few types of coverage that, when combined, will increase the cost of your insurance. However, the more aspects that you have covered, the better off you will be financially should an accident occur.
