Standard insurance providers have stringent guidelines about insuring long-haul drivers since long-distance trips are riskier than short hauls. Unfortunately, the demand for long-haul trucking insurance continues to increase. Around 500,000+ truckers now prefer long-distance hauls. Is it still possible to secure a practical, cost-efficient long-haul truck insurance policy? Of course!
Creating a unique set of criteria to refer to when comparing long-haul insurance policies will speed up the shopping process. Create a clear image of your ideal insurer. The best long-distance truck insurers charge competitive rates, have stable funding, and offer extensive benefits.
Do you need a quick primer on insuring semi-trailers? Assured Standard has you covered! Check out our quick introduction to the processes behind semi-commercial trucking insurance.
Long- and short-haul truckers have different insurance needs. Using the same policy that you do when transporting cargo for short distances might do more harm than good. In the worst case, your policy might not cover your claim.
To ensure that your long-distance truckers are protected against all types of hazards and perils, opt for policies that offer the following:
While most insurers follow strict guidelines before approving long-distance truckers, you can increase your insurability by bolstering your application. Reduce the risks of insuring your business. Trucking companies with high credit scores, skilled truck drivers, excellent driving records, and positive cash flow typically qualify for insurance faster.
Important factors in long-haul trucking insurance include competitive rates, stable funding, and extensive benefits such as auto liability, catastrophic losses, physical damage, and trailer interchange among others.
A long-haul trucking insurance policy should offer benefits like coverage for auto liability, catastrophic losses, earned freight charges, GAP coverage, primary liability, rental reimbursement, and more.
Trucking companies can increase their insurability by maintaining a high credit score, employing skilled truck drivers with excellent driving records, and maintaining positive cash flow.
Are you having trouble insuring your leased truck? Assured Standard can help! Read our quick piece explaining insurance policies for permanently leased motor carriers.
