Helping transportation businesses get their rigs back on the road
Accidents. Collisions. Overturns. Commercial transportation drivers never know what dangers lie around the bend that can quickly put a truck and trailer out of commission. So how can your transportation clients protect themselves against costly repairs that could sideline a vehicle for days, weeks, or even months?
Physical damage insurance helps a business cover the costs to repair or replace a vehicle that has become damaged due to a number of perils such as collision, fire, flood, hail, theft, vandalism, and earthquake.
Whether a business consists of a single owner-operator truck or a 25-unit fleet, nearly every type of transportation company can benefit from having physical damage insurance as part of a comprehensive risk management program.
At Across America Insurance, we can help you provide your commercial trucking business clients with physical damage insurance as part of a comprehensive risk management program.
Physical Damage Markets
If you have struggled to find the right physical damage coverage for your transportation clients, look no further than Across America Insurance. We offer same-day physical damage quotes and, in most cases, can bind coverage within 48 hours.
Our markets offer physical damage coverage with the following limits:
Up to
for one truck and up to $45,000 for any one trailer (Carrier: Transverse)
Up to
for any one truck and up to $300,000 for any one tractor/trailer combo (Carrier: Fortegra)
Other carriers within our market-reach offer physical damage coverage amounts based on the total value of the vehicle and equipment.
Physical Damage Insurance FAQs
What does physical damage insurance cover?
In general, most physical damage policies will include coverage for damages caused by:
- Falling objects
- Fires
- Collisions
- Rollovers
- Acts of vandalism
- Weather-related damages
- Fire
What coverage isn’t included in a physical damage insurance policy?
In general, most physical damage policies will not provide coverage for:
- Medical expenses
- Cargo losses
- General wear-and-tear of a vehicle
- Damages that are caused to another vehicle
- Legal expenses, should a business be held liable for property damage
Is physical damage mandatory?
No. Physical damage insurance is optional. However, if a business is financing a vehicle or trailer, the lender may require the owner to secure a policy to protect their investment. In all cases, physical damage insurance is valuable coverage to have in protecting a business against expensive vehicle repair costs.