By: Smiljanic Stasha
Last modified: Sep 29, 2022
Bobtail insurance is a kind of liability insurance that covers you if you get involved in an accident while driving your truck without the trailer.
It is beneficial if you are involved in a collision when:
However, although bobtail truck insurance does not cover the damage to your rig in these situations, it may be able to help you pay for medical bills, attorney fees, damages, and other expenses if someone else is injured in an accident.
Bobtail insurance is only focused on liability. If you get involved in an accident while driving a truck without a trailer attached under the authority of another person, bobtail insurance will cover all the expenses.
When it comes to most employers or partners you have a business relationship with, bobtail insurance is generally required. If it isn't, it is to your best advantage to include it in your current commercial policy.
Bobtail insurance protects you from liability once you have dropped off your cargo and are no longer pulling the trailer. For example, if you are traveling from one drop-off spot to another pick-up location or if you are returning home for the day.
Progressive Insurance provides commercial transportation protection, with bobtail insurance available as optional coverage. If you want additional information, you may reach customer care at 1-800-776-4737.
Commercial vehicle insurance is where they really shine. A wide variety of insurance coverages are available for trucking operations, ranging from individual owner-operators with a single truck to several trucks to large national trucking corporations.
You can easily get a free business insurance quotation from Progressive by filling out the online form.
Car, truck, van, pickup, and farm vehicle coverages are available via State Farm business auto insurance.
Suppose you or one of your workers is involved in an accident. In that case, State Farm business vehicle insurance can assist you in covering the repair expenses, legal fees, and medical bills.
Due to the fact that no two businesses are alike, insurance companies cannot estimate your premium for commercial vehicle insurance without first speaking with you. Your industry, the number of vehicles you own, their worth, and the number of miles you travel will all play a role in determining the cost of commercial auto insurance.
In addition, your agent, like a good neighbor, may assist you in discovering affordable solutions for insurance protection.
Each and every dollar matters when it comes to running a profitable company, and GEICO knows what is essential to you: receiving exceptional service at the most competitive price. If you have a company that relies on a fleet of vehicles or trucks, GEICO can provide the coverage you need. Understand that if you ever need to file a claim, GEICO works around the clock to get your commercial vehicles back on the road quickly.
For a good reason, Liberty Mutual places itself as the sixth-largest property and casualty insurer in the United States. The company excels as a commercial truck insurance company. In addition, customers can monitor claims, pay payments, and check policy documentation using the company's mobile app.
Roemer Insurance, in business for over 80 years, has been publishing the Roemer Report for 30+ years. It specializes in semi trucking insurance plans and its products are available to fleets of all sizes.
This company provides you with four ways of getting a quote for bobtail insurance coverage:
Nationwide Truck Insurance offers a broad range of coverage choices for your trucking needs. It provides cheap, comprehensive, and customizable insurance for all types of commercial vehicles, from passenger cars to delivery trucks.
Several variables contribute to the cost of bobtail insurance. These include your specific driving history, the policy limit that you pick, how frequently you bobtail, and more. A typical yearly premium for this type of insurance is $400.
However, this is just an estimate, and your actual expenses may vary depending on the following factors:
Semi-trucks are large vehicles, and when they are involved in a collision, they may inflict significant damage to automobiles, buildings, and other individuals in the vicinity. Because of the dangers associated with bobtailing, failing to get insurance for this activity can be a costly error that can leave you with huge amounts of money in damages and medical expenses if an accident occurs.
Some insurance companies charge lower premiums than others, but it's not a secret that you could save money by shopping around. You'll have a better chance of getting the greatest deal on bobtail insurance if you talk to many agencies. To prevent double coverage and ensure that there are no gaps in your leasing agreement, make sure you read your lease agreement thoroughly.
Drivers who work for a trucking company often require:
The physical damage component of the policy's value is the primary determinant of the cost of these coverages, which are often acquired as a bundle. Purchasing insurance for a 2015 Peterbilt will be more costly than getting one for a 2000 Volvo.
Packages ranging from $1,500 to $2,500 are available for older vehicles. Sometimes it makes sense to buy coverages from different providers. In most cases, you may save $500 or more simply by shopping around.
In order to reduce your monthly rates, you might agree to a higher deductible while negotiating with your insurer. But if an accident occurs, your out-of-pocket costs will be far greater. Even if you save a few dollars a month by decreasing your deductible, you might wind up shelling out hundreds of dollars more in the event of an accident.
Bobtail insurance rates are affected by your driving record, just like your general liability insurance premiums. Your insurance rates will rise if you have a history of moving offenses, traffic fines, or accidents. This is just one of the many reasons why it's important to be safe on the road.
Understanding how trucking insurance works is essential if you are a driver who owns a semi-truck and is employed as an independent contractor. Trucking business dispatched drivers are usually insured by the business insurance coverage of the trucking company they work for. While on the clock, you are covered by the company's trucking insurance.
Bobtail and non-trucking insurance are not synonymous, despite the common misconception. They differ in terms of what they cover and how they work. Since we’ve already discussed bobtail insurance, let's take a closer look at non-trucking liability.
Contingent liability insurance is another name for this sort of transportation insurance. A non-trucking liability policy protects owner-operators against liability claims when their truck is not being utilized for commercial reasons, regardless of whether or not it has a trailer attached. Non-trucking liability insurance is often required for contract drivers since it protects them in the event of an accident when not under dispatch.
Non-trucking liability insurance covers you and your semi-truck in situations when they are not being utilized commercially. For instance, you and your partner take your semi-truck to go out for dinner. You get into a small accident that results in minor damage to the car involved in the collision. Your main trucking liability insurance will not cover you in this situation since you are not dispatched at the time of the accident. However, non-trucking liability insurance can provide coverage the same way that regular auto insurance would if you were driving a car.
The bottom line is that bobtail insurance protects your semi-truck when driving between assignments from various carriers or for personal usage, but only if it is not hauling a trailer.
Non-trucking liability insurance protects owner-operators against liability claims when their truck is utilized for non-commercial purposes, regardless of whether or not the cargo is attached to the vehicle at the time of the accident.
As with buying a car, home, or health insurance, your best bet is to shop around for the best deal. Commercial auto insurers usually provide bobtail insurance. Get in touch with an insurance agent to determine whether you can add it as an endorsement to your commercial truck insurance policy.
Additionally, many comparison sites available, but we recommend considering the best bobtail insurance companies listed above.
You'll be covered by your trucking insurance when you're at work most of the time. But once you have dropped off the cargo, you are no longer considered to be on the job. What happens if anything goes wrong at that point? That’s when bobtail insurance comes in to fill the gap in protection.
Having proper bobtail insurance is essential if you ever drive your semi-truck without a trailer. When looking for an insurance company, it's important to shop around for the best deal.
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