Dually trucks, or dual rear wheels, are trucks that have two rear wheels to balance out the weight. Dually trucks are often go-to trucks for hotshot trucking. Hotshot trucking involves the hauling of time-sensitive loads for delivery. The loads that these trucks carry are usually smaller, and they have to deliver them as soon as possible.
For dually trucks or hotshot trucking, you need a specialized type of coverage called hotshot trucking insurance. This coverage is ideal for smaller trucks or those class 3 to 5 which haul loads under an expedited time frame. It extends to cover your cargo, truck, and trailer. There are many risks associated with the nature of this business, making insurance all the more necessary.
Hotshot trucking insurance will protect you from third-party liability claims for cases of physical damage or bodily injury, and even for your own drivers and vehicles.
Since hotshot trucking insurance is a type of commercial auto insurance, it is mandatory throughout the US. Requirements, however, will differ per state, shipper, and broker. You will have coverage for medical costs, legal fees, and the repair of your truck.
In the event that your vehicle or its trailer is damaged from theft, fire, vandalism, or other things along these lines, you will also be safeguarded.
Costs for hotshot trucking insurance depend on deductibles, individual credit scores, coverage types, truck classification, limits for your business, and your insurance provider. Hotshot trucking insurance is typically more affordable. At the base of your policy comes primary liability insurance as well.
With hotshot trucking insurance, your dually truck or any other vehicle in your fleet will be protected sufficiently—with affordable premiums at that.
A dually truck, or dual rear wheel truck, is a vehicle with two rear wheels designed for balancing weight. It's often used in hotshot trucking which involves hauling time-sensitive, smaller loads.
Hotshot trucking insurance is a specialized coverage for smaller trucks (class 3 to 5) that haul loads under an expedited time frame, covering the cargo, truck, and trailer.
Hotshot trucking insurance covers third-party liability claims for physical damage or bodily injury, including protection for your own drivers and vehicles. It also covers medical costs, legal fees, and truck repair.
Yes, as a type of commercial auto insurance, hotshot trucking insurance is mandatory in the US. However, requirements differ by state, shipper, and broker.
Factors include deductibles, individual credit scores, coverage types, truck classification, business limits, and your insurance provider.
Also, Learn about Ohio Commercial Auto Insurance
Want to know how else you can protect your commercial trucking business? Contact Assured Standard today!
Uncover additional layers of protection: Discover more about Commercial Umbrella Insurance in our related blog post, as we delve into securing your dually truck and business comprehensively.
