Myths to Know About Commercial Truck Insurance

As a trucker, you probably already know that a commercial truck insurance policy is necessary to operate. As you shop around, however, it is important that you can tell the myths from the facts.

Employees Are Always Covered

Some people mistakenly believe that employees are covered under their insurance policy. This can be devastating if an employee is an accident and you discover that he or she was not covered under your policy. To make sure that your commercial coverage includes employees, you need to make sure that there is a permissive use option. Otherwise, you have to name the other drivers of the rig.

Insurance Premiums Don’t Change

When you invest in a commercial truck insurance policy, you might think that your premiums are going to be set in stone. However, you do have control over your premiums. If you have a higher deductible, you can reduce your premiums. Also, certain company safety programs can lower your premiums. Some companies will even provide discounts on premiums if you have a dashcam or other accountability system installed.

When you’re shopping for insurance, there are a lot of details that you have to consider. First and foremost, you need to make sure that you are aware of all of the facts about coverage.