- If you’re running a business, chances are you have at least one or more trucks as part of your operations. Given that it’s part of your company assets, it’s important that it is protected and covered for, so you or your business don’t face unplanned losses in the case of unforeseen and unfortunate situations.
- Having a truck insurance in place means your business will be covered in the case of any financial losses faced due to and by your truck. This also means you’ll avoid any possible downtime, maintain a profit margin and can instead spend money on your business growth.
- As a mandate by law, it is compulsory to at least have a Liability Only policy in place, that protects third-parties against any damages and losses that could be caused by your truck. However, given the risks trucks can be faced with, it’s always better to have a standard package that will protect your own truck and owner-driver as well.
