Whether it's your first time getting into the trucking business or have owned one for years, boom truck insurance is an investment you need to make for your business.
A boom truck business is a very challenging business, thus you have to find full info about how to protect yourself from financial loss associated with an accident and/or theft.
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Boom truck insurance will protect you from the risks that are common to a trucking business like vehicle damage, theft, and employee injury. Getting boom truck insurance makes the difference between going bankrupt or continuing with the business with a minimal loss.
Understanding the totality boom truck insurance can be confusing, but knowing the basics will make it easier to choose the right insurance package for your business. Typical Boom truck insurance usually covers four areas, namely Primary Liabilities, Non-Trucking Liability, and General Liability.
The main liability insurance is what the truckers have to legally drive on the street. This includes damage to property and injury to people.
General liability insurance covers all accidents that do not happen on the road. Aside from being on the road, trucks also stop for loading, unloading, and rest stops and accidents can happen during this time. Common risks with stops include theft and vandalism.
A typical boom truck insurance covers your truck only when it's on the road but while it's in the repair shop, you are personally responsible for it. With this non-liability insurance, you are covering all your bases.
These were some covers of boom truck insurance. Basically, boom truck insurance is the same as regular auto insurance. It has a higher premium to pay though because it provides extensive coverage.