Physical Damage Coverage in Texas
Physical damage coverage is actually a group of insurance coverages for your truck. Including Collision Insurance as well as Comprehensive Insurance Coverage.
Collision insurance protects your truck or vehicle from damages caused by a collision whether it be with another vehicle or a stationary object. Collision coverage will also protect your vehicle from damages incurred from rolling or overturning.
Comprehensive Insurance on the other hand provides your truck or vehicle with insurance protection from damages caused by things other than collision. This can include theft, vandalism, fire and more.
Is physical damage coverage required? Physical damage insurance may be required if you have a loan on your truck or vehicle. Otherwise, this coverage is optional.
Talk to an agent at Heaton Bennett Insurance about physical damage coverage. We can provide you with a quote and compare companies and deductibles to see if this may be right for you. Call our agency for a quote.
Frequently Asked Questions
What is included in physical damage coverage for a commercial truck?
Physical damage insurance can include collision and comprehensive coverage. Each addresses different causes of damage and remains subject to the policy’s deductible, limits, exclusions, and valuation provisions.
Is permanently installed equipment covered?
Specialized equipment and modifications may be covered if properly disclosed and included in the truck’s insured value. Documentation may be required during underwriting or a claim.
How should I select a physical damage deductible?
A higher deductible may lower the premium but increases the amount paid out of pocket following a covered loss. Texas truck owners should choose an amount they could reasonably afford.
Does physical damage coverage pay for mechanical failure?
Mechanical failure, wear and tear, and maintenance-related problems may be excluded unless they result from a qualifying covered event. Specialized mechanical breakdown options may be available separately.
