Comprehensive Coverage
Comprehensive insurance for trucking covers losses on a covered auto or its equipment from most other causes except collision or overturn. Here are several examples of when comprehensive coverage could cover your loss:
- Your truck or auto experiences an engine fire and the vehicle is severely damaged or destroyed.
- The cargo you’re carrying leaks and damages your vehicle
- Your cargo shifts colliding with your truck, tractor, auto, or van damaging your vehicle
- Rodents destroy the interior of your vehicle requiring the replacement of bedding, seats, and more
- You get stuck in the snow going over a pass and burn out your clutch trying to get out.
- You strike something in the road and it damages your oil pan. The oil leaks out and your engine ceases.
It is important to understand that all claims are subject to exclusions and provisions. Talk to your Heaton Bennett Insurance agent about comprehensive coverage for your business. Their agents can help you understand the benefits of this coverage so you can determine if it is right for you. For a quote, call: 512-372-8311
Frequently Asked Questions
What types of truck damage can comprehensive coverage address?
Comprehensive coverage may apply to certain non-collision losses such as theft, vandalism, fire, falling objects, or severe weather. Covered events and exclusions vary by policy.
Is comprehensive coverage the same as collision coverage?
No. Comprehensive and collision coverage are designed for different types of physical damage. Truck owners may choose one or both, depending on eligibility, financing requirements, and risk preferences.
How is the value of a truck determined after a comprehensive loss?
Claim valuation depends on the policy, vehicle value, covered equipment, deductible, and settlement method. Texas truck owners should confirm how permanently installed equipment and modifications are valued.
Is comprehensive coverage required for a financed truck?
A lender or leasing company may require physical damage coverage under the financing agreement. Truck owners should review the agreement and confirm the required limits and deductibles.