Truck Insurance Commercial Auto Liability: Commercial truck insurance and trucker auto liability is required insurance coverage. If you are an MC licensed trucking company you are required to carry truck insurance or truckers insurance limits of no less than $750,000. If you carry hazardous materials or passengers that truck insurance limit can be as high as $5,000,000.
Trusting your commercial auto truckers insurance and truck insurance to an inexperienced broker can result in your operating authority being cancelled or revoked. It is important that the truck insurance agent you choose has access to qualified truck insurance and commercial insurance carriers that have the ability to provide the regulatory filings you require.
Cargo Insurance and Motor Truck Cargo Insurance: Cargo insurance or motor truck cargo insurance is required truckers insurance when you are hauling goods for others. Cargo insurance provides coverage for the goods you are hauling in the event they are damaged in transit due to the following:
Excess Cargo Insurance: There may be instances when the cargo insurance for the type of goods you carry may not be sufficient. In those cases you will need higher cargo insurance limits which are available through an excess cargo policy. Excess cargo insurance or excess motor truck cargo limits can be purchased to increase your cargo insurance limits.
Physical Damage Insurance | Comp and Collision: Physical damage insurance is also known by comprehensive and collision coverage for trucks and also overturn insurance. Physical damage insurance for trucks is optional coverage but may be required by the bank or lending institution if you have a loan on your truck. Physical damage insurance rates can be determined using the following factors:
Deductibles for physical damage insurance vary. The most common deductibles for physical damage insurance are:
The higher the deductible the lower the rate.
How long does your company take to issue certificates of insurance, id cards and binders?
Once coverage has been bound and your policies are updated in our system, the issuance of documentation is immediate. Typically, certificates requested through our dedicated email address are issued in 30 minutes or less depending on volume.
Can I get certificates 24/7?
Yes! If you expect that you will need certificates during non-business hours you can register to access our Self-Serve Portal to issue your own certificates 24/7.
If I need service on my policy such as adding a driver or vehicle who do I call?
We believe in personalized service. Every customer is assigned to a dedicated service representative located in the United States. You will never deal with a representative that does not know the history of your account. And all of our service representatives are experienced in truck insurance.
I am on the road most days, if I have a payment that is due while I am on the road are there payment options available?
Yes! If you are on the road and need to make a payment you have several options. Your premium finance company can take payments over the phone and through the internet. Debit cards are also accepted. Spanish speaking representative are available. If you have any additional payment problems, your dedicated customer service representative can help you during normal business hours.
If I need to hire a new driver can your company help me pre-qualify the drivers?
While we can’t make hiring decisions for you, we work closely with your office to ensure that all drivers meet the insurance companies criteria and advise you if the prospective driver is acceptable. We also provide the Federally mandated driver inquiry forms that your drivers must sign allowing us to run their license abstract. This signed document should be placed in the drivers DQ file for DOT audit purposes.
Siracusa Risk Management
1515 S Federal Hwy First floor Suite 103 Boca Raton, FL 33432 us
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