Any type of construction vehicle should have the proper insurance coverage, but dump trucks tend to have unique coverage needs. Massive in size and highly valuable, dump trucks are a major investment and deserve rightful insurance coverage protection in case something goes wrong. Check out some of the reasons dump truck insurance can be unique when compared to insurance for other vehicles that need to be protected.
Dump trucks are not always used on the highway.
Dump trucks may or may not be used on the highway, which is unique for a vehicle. Technically, a dump truck is a construction vehicle, and these vehicles are often used specifically on construction sites and may rarely or never be driven on the highway. Because of this, dump truck insurance has to be designed specifically for the truck and how it is used. For example, someone who drives their dump truck back and forth to haul loads of aggregate to customers will have much different insurance needs than a construction company owner who simply uses a dump truck on a construction site.
Dump trucks can be more prone to causing property damage.
One of the unique aspects of dump trucks is they are sometimes more prone to causing damage to people or other people's property than the standard commercial vehicle. These trucks can weigh a great deal, and the loads they carry can be massively sized and relatively loose in an open dump bed. Flying debris from the bed of these trucks is a major culprit in causing property damage to other vehicles if the dump truck is used on a highway. Therefore, it is extra important to make sure you have ample property liability coverage in your dump truck insurance.
Dump trucks can be commercial vehicles that carry materials.
In the event you are hauling a load of materials for a customer, it is always important that whatever it is that you are hauling is rightly protected. Sometimes, with dump trucks, the aggregate materials can be someone else's property other than the owner of the truck. Therefore, even though it may not seem like it, the vehicle needs to have some form of insurance to protect that hauled material in case something happens during transit. For instance, if you have a gravel delivery business and are hauling two tons of quartz gravel and lose it during an accident, you need insurance that would pay for the cost of those materials.
To find out more about dump truck insurance, contact a company like Accurate Insurance Services in your area.
Share25 June 2019
I still remember the first time I had to chose an insurance policy; I was 17 years old and had just saved up enough money to afford my very first car. I was so excited to begin driving, but overwhelmed with all of the different auto insurance options. My father helped me chose a full-coverage policy that would cover the cost of my car if it were to become damaged in an accident. When I inevitably caused a small fender-bender as a new driver, my insurance company paid for my car repairs, so it sure was the best policy for me! Now that I am older and have learned a lot about home insurance and other types of insurance, I thought I would make a blog to help others who need insurance advice, like what my dad gave me. I hope I can help you make wise insurance decisions!