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Have you recently purchased an awesome semi truck and need semi truck insurance? Are you not happy with your current semi truck coverage and wondering what to do? Or maybe you’re considering purchasing a new semi and want to know as much as you can before you do? Regardless of your stage in the process, you’re in the right place.
Insurance can be tricky. It can be daunting and confusing. Some may wonder why insurance is even that important.
One simple reason: semi trucks are expensive. You want to protect your investments. Another reason to get insurance? Trucks are big and heavy…they can create some serious damage. Lastly, without insurance, your company is at major risk!
The goal of the summary is to make things a little easier for you. There are several types of semi truck insurance; discussed below are the five main types:
Types of Semi Truck Insurance
Primary Liability Insurance
This is the one type of insurance that the law requires. It doesn’t cover your truck but does cover the damage done to others and/or their vehicles, property, etc. Whether you are an owner-operator or leasing a truck, this is a necessity.
Physical Damage Insurance Coverage
The truck and trailer will be covered under this type of insurance situations including accidents, theft, fires, etc. Physical damage insurance is not required if you own the truck but if the truck is financed, the lien holder will require this insurance.
Driving your truck without a trailer is known as bob-tailing – hence where the insurance name comes from. Bobtail insurance is the coverage you need when on and off the road (like getting service done) without a trailer. Semi owner-operators who occasionally make trips without dispatch are usually requited to have this coverage.
Motor Truck Cargo Coverage
There is a saying out there, “precious cargo.” A truck’s cargo IS precious, so it is important to have cargo insurance. This protects the cargo if it is damaged, stolen, etc. Read the policy fully so there are no surprises if your cargo is affected anywhere in the future.
Other Housekeeping Items
Basic Information Needed
When it’s time to get a quote, there are some certifications and things to have on hand:
- Current insurance policy “dec page” or declarations page
- Don’t have a dec page? If not, bring your personal auto insurance
- Driver’s license
- Driving history (be honest!)
- VIN number OR make, model, year, and manufacturer
Do’s and Don’ts
- Don’t go with the first quote received
- Get several quotes to compare
- Increase deductibles if possible → the larger the deductible, the less expensive the insurance
- Pay up front if possible
- Insure all vehicles under the same provider → more benefits
- Shop around for insurance a few times throughout the year → prices may vary depending on time of year
- Cheapest isn’t always the way to go
- Google the insurance company’s reputation → make sure they understand the trucking industry and its business
- Driving record
- Credit score
- Limit of liability coverage
- Type of operation
- Radius of operation
- Age/condition of vehicle
- Location of trucks during downtime
Question to Ask
- What are all the policy options?
- Is there an unlimited policy?
- What kind of deductible options are there?
- Are there any discounts?
- What does this insurance not cover?
- Are there claim reporting abilities at any time of the day or just business hours?
- How can the (decided) policy be suited for the individual needs?
Put as nicely as possible, insurance can be a lot. Remember that transparency is key. Discuss your options for insurance on a semi truck with multiple insurance companies. Compare the differences between policies and choose which one fits the needs of the truck you’re getting insurance for. Finding resources will help make the process easier. Our daughter
company, All Wheels Financial, could be one of those resources. We send positive vibes and hope the semi truck insurance purchased will be one to last for many, many years!
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We see them everywhere we go. We see them on the road, on the side of the road, at rest stops, at grocery stores…everywhere. With that being said, have you ever wondered what it looks like inside a big rig? These drivers travel from coast-to-coast where their 18-wheeler becomes their second home on wheels. Making a big rig suitable for day-to-day living, manufactures put a lot of thought into building the rig digs to make it comfortable for the driver, on and off the road. They don’t all look the same; the appearance, depends on the manufacturer, the decor and taste of the driver, and even additions of luxury for big rig owners.
It isn’t always easy for the men and women of trucking to be on the road for long periods of time. The comfort of home, family and friends, and familiarity isn’t at arms reach. It is important to make these big rigs comfortable and livable for drivers, as well as a place to maximize productivity. What are the things that drivers cannot live without on the road? A place to get good rest. A place for their food (both cold and dry). Compartments for their clothing and other personal belongings.
Want to see what it looks like inside a big rig? Take a look at the inside of a 2020 Peterbilt 579.
Inside a Big Rig
Here we have the very front of the big rig. It looks similar to any other truck and car out there. It has its steering wheel, its gears, and its seats. Not much to see inside…yet. The coolest feature about this part of the truck simply the height: how far the driver is from the ground. It’s like the whole world is visible from this height! The dashboard is another cool feature. It is specifically designed ergonomically to avoid stress on the body by keeping everything a close distance.
If the driver turns to their right, they would see the closet and refrigerator inside their big rig. The necessities. The driver can stock up on their favorite cold drinks and snacks without worrying about them being warm. Notice the small ice chest amenity…ice cream anyone?! The closet above is a perfect spot to put anything from clothing to books inside.
Directly opposite of the refrigerator, behind the driver’s seat, are a lot more compartments for storage for the driver. There is a radio, chargers for phones and ipads, and controls for the heat and air conditioning (HVAC controls).An overhead light keeps this area well-lit, and drink holders to ensure the driver has a way to keep their beverages upright. Visible in this photo are blinds that go over the windows to block outside light and ensure the driver gets restful sleep.
The last two images shows the view of the very back of the sleeper. This particular big rig has a bunk, or two beds. Notice that the top bunk can easily fold up to give the driver more room if need be. The area is actually quite spacious for being inside a big rig! A driver’s comfort is a crucial part of their health and overall well-being.
A big rig may not be anyone’s first choice, but it sure isn’t a bad second choice, or even one’s office choice! Sometimes people who aren’t familiar with the trucking industry don’t understand the world of a trucker. Hopefully with a view inside of a big rig truck, more people can understand and appreciate the work of a truck driver.
If a big rig purchase is in your future, look no further. Allstate Peterbilt is proud of their salesmen, who are willing to help provide ease and clarity when making a big purchase like that of a new Peterbilt!