General liability covers common trucking risks That includes accidental customer injuries and damage to customer property. General liability insurance covers the most common types of third-party injuries and accidents. This policy provides liability coverage related to: Customer property damage.

Do truckers need general liability insurance?

A growing number of risk managers require for-hire truckers to have Trucking General Liability Insurance. It pays for injuries or property damage you cause as a result of business activities NOT directly related to operating your truck.

Is liability insurance the same as general liability?

The main difference between general liability and professional liability is in the types of risks they each cover. General liability covers physical risks, such as bodily injuries and property damage. Professional liability covers more abstract risks, such as errors and omissions in the services your business provides.

How much is non trucking liability?

Thankfully these premiums are usually cheap. Non Trucking Liability Insurance usually costs $29-$50 per month. Truckers that need NTL Insurance often need to get physical damage as well. Getting both NTL and Physical Damage coverages as a package will usually range from $1,500-$3,500.

Does general liability follow?

General liability insurance also has coverage limits. General liability insurance is a traveling insurance as it does “follow” a business — and a business owner — wherever they may go. While it doesn’t cover every possible peril, it can save a business from financial and professional disaster.

Do you need general liability insurance for a trucking company?

General Liability Insurance will not cover all public damage caused or partially caused, but, in most cases, it will protect your business in the event of litigation. We will discuss with you the amount of coverage you need and set that up when drafting the policy. This policy is a must for commercial trucking companies in today’s society.

What’s the difference between general and auto insurance?

The truth is that auto liability insurance may not be enough to cover a business owner who wants to protect their livelihood from bills they can’t possibly pay, and general liability insurance coverage will not extend to more specialized claims.

What does it mean to have general liability insurance?

General Liability Insurance is a protection for the public. Having this policy is proof that you are equipped to handle the risks of operating a commercial trucking company.

What’s the difference between general liability and umbrella insurance?

However, you can choose to increase the amount of liability coverage on this policy for additional financial protection or purchase a separate general liability policy. Every person who owns property is subject to possible lawsuits asking for damages for bodily injury, property damage, medical payments, and more.