The driver’s first priority should always be everyone’s safety and it should always be kept in mind. On the other hand, your fellow driver’s life is equally important on the road.
In case of an accident, automobile insurance coverage covers the costs of another driver’s property and injuries. Firstly, the Insurance Company will discuss with the other driver’s insurance company to find out who’s at fault. If you have automobile liability insurance, it comprises the driver’s busted vehicle and is short of your deductible. Automobile Liability insurance is made to assure the insured from legal liability.
This insurance coverage ensures that an insured is legally liable for bodily injury or property damage. Also, you will get many benefits along with this like personal fee, advertising injury, medical payments, and damage to premises rented by a policyholder. This option makes policyholders…
You have to keep in mind that this option includes the third-party association only, in which the driver is not involved. The insured one should have primary liability coverage in place also.
Another factor to keep in mind is the main aim of the trucks in your fleet. Transporting goods from one place to another is always a risky option. You have to have additional coverage as an option if your company transports risky goods. Conditions and rejections can be different according to the state. Excess policies may also be needed to ensure acceptable coverage. Also, examine the aim of the trucks in your fleet.