Dump Truck Insurance Overview
Dump Truck Insurance provides coverage for property damage and bodily injury due to truck accidents. Plus, it offers coverage for your truck in the event of accidents or as a result of other causes such as theft, fires, and more. While Dump Truck Insurance policies can be different in each state, the additional options may include personal injury protection (PIP), medical payments, business interruption coverage, non-trucking insurance, comprehensive damage coverage, and more.
Dump truck hauling is a great business to start. According to Dumptruck dispatcher, the industry is valued at $19 billion and is expected to grow 1.8% annually over the next five years. If you operate a dump truck business, you will have many opportunities to earn and grow your business. But it is essential that you have the right insurance coverage to ensure your business stays protected and lasts a long time.
UnderWrite Insurance Services provides comprehensive trucking insurance coverages. We provide coverages that will protect all aspects of your business. From bodily and property damage with auto liability to physical damage with collision and comprehensive insurance. Below is a list of the coverages (not limited) we provide. Submit a request for pricing and additional information.
Accidents in the United States involving dump trucks are pretty prominent. They happen frequently on roadways. While trucks are larger and often face minimal damage when involved in accidents, smaller vehicles are more susceptible. During accidents, drivers of these smaller vehicles can face significant injury or damage to their vehicles.
UnderWrite Insurance Services provides dump truck insurance that would cover your vehicle, third-party liability, and extra coverage to shelter financial exposure.
What's Covered by Dump Truck Insurance?
Dump Truck Insurance provides coverage for property damage and bodily injury due to truck accidents. Plus, it offers coverage for your truck in the event of accidents or as a result of other causes such as theft, fires, and more. While Dump Truck Insurance policies can be different in each state, the additional options may include personal injury protection (PIP), medical payments, business interruption coverage, non-trucking insurance, comprehensive damage coverage, and more.
Dump Truck Insurance Requirements?
Each state stipulates liability coverage typically with different minimum required limits for property damage and bodily injury liability. Whether a dump truck is part of a fleet or driven by an owner-operator, it is necessary to have Commercial dump truck insurance that aligns with state-required minimum coverage for liability for physical damage to property and bodily injury. Motor carriers will provide primary liability in some instances, but otherwise, you might need to buy liability coverage. Extra coverage can protect against possible exposure to trucking accidents, including medical expenses for the driver’s injuries and repairs to the damaged dump truck.
How Much Does Dump Truck Insurance Cost?
The cost for dump truck insurance usually depends on which state your truck is registered in and other essential factors such as your driving record and claims history. In many instances, state minimum requirements are insufficient in protecting your commercial trucking business against liability exposure.
Dump Truck Safety tips
Several scenarios can result in dump truck accidents, and many times, it is not the fault of the dump truck driver. But whatever the reason for these accidents, it is always good to be on the safe side and take the necessary precautions to minimize your risk of accidents. This involves routine maintenance for brakes and tires, ensuring optimum visibility, and following the vehicle specifications for a balanced payload.
Other safety precautions also include:
• Conducting a basic vehicle safety inspection before each trip
• Ensuring mirrors are always properly adjusted
• Keeping the load you are carrying evenly distributed in the center of the box
• Making sure your windows, mirrors, and windshields are clear