Truck insurance provides protection against losses happened as a result of an incident. The customer purchases the insurance policy to reduce the risk incurred in an accident. They can also secure their Trucks against theft and fire damage.
Truck insurance covers insured party, insured vehicle as well as third party that are involved in the accident; this type of cover is called Comprehensive. Different policies are available for the customers and they can purchase anyone as per their requirements. Coverage levels can vary for each Truck insurance policy.
Insurance is one of the essential things to secure your business, your family as well as your Truck. You’ve to just pay a certain amount of premium for a fixed period of time and then the insurer agrees to pay you for damages or loss of your Truck. Cost of an insurance policy totally depends on the coverage because your policy covers more only if you pay more. Truck insurance secures you and your Truck. Main types of Truck insurance are as follows:
Fully Comprehensive Truck insurance policy
Third party (fire & theft) Truck Insurance Policy
Third party Truck insurance
People mostly purchase fully comprehensive Truck insurance policy as it covers the most types of cases like theft, accident and other damage. It is the most expensive policy out of the three. Third party insurance is the cheapest and it offers coverage only if you’re at fault and hit the other party.
Call us on 1300 726 113 to get a tailored insurance assessment for your biggest asset – your business.