No car owner wants to hear that the problem the car is having is in the transmission. Transmissions are one of the most expensive parts that a car owner might have to replace – if the car is old enough, it sometimes makes more sense to replace the car entirely than to replace the transmission. But I’ve found that there are ways to save when you need transmission work! Not only are there ways to save money on a new or rebuilt transmission, there are also ways to locate transmission problems and have them fixed before they become too serious. This blog is designed to help you take better care of your transmission, and avoid paying too much for transmission repairs.
Insurance is critical, especially when it comes to driving. It can be financially crippling for a person to have to pay for the damages of two or more vehicles that have been wrecked in a car crash. Medical bills and lost cargo are other expenses that will come into play after a car accident. These financial losses are tripled when larger vehicles are involved, especially when it comes to trucks that are carrying large amounts of cargo or baggage.
A truck accident can be devastating for a trucking company, especially one that is independently owned and does not have a lot of capital to spare to cover damages or medical bills. There are three types of car insurance that every independent trucking company should have:
1. Primary Liability Coverage
Primary liability coverage is made up of two separate insurances. The first is the uninsured motorist insurance. This insurance covers a truck should another person cause an accident while uninsured. When a person is uninsured, it is difficult to get the money that they owe you for the damages.
Uninsured motorist insurance helps a person with the insurance get their money back even if they are hit by an uninsured driver. The second type of insurance is personal insurance protection. Personal insurance protection is for the driver and will help cover the driver's medical expenses or any money that is lost when a person is not able to work.
2. Physical Damage Insurance
Physical damage insurance will be able to cover all of the electronics that are in a truck, as well as the trailer that is attached to the truck, and any other equipment that might be in the truck. All of this equipment is expensive and often specialized to the individual company, which makes it difficult to replace. Having insurance cover any of these losses in the case of an accident will make the replacement easier.
3. Coverage for Cargo
Not only can the truck be damaged, but the items that the truck is transporting can also be damaged. Replacing these items or covering their cost to the company that hired the trucking company can be financially problematic for smaller companies. Having insurance will help make losing the product being shipped an easier financial endeavor. It will also make you more attractive to potential clients.
If you have any questions about trucking insurance, contact an insurance provider that specializes in trucking insurance. They will be able to answer all of your questions. Need more help? Contact a company like Arrow Truck Sales with any questions you have.
Share8 January 2015
