Have A Delivery Truck? You'll Need To Ask These Questions About Commercial Truck Insurance Policies

Posted on: 12 April 2016

If your business has grown to the point where you've bought a truck for deliveries and other business tasks, you'll have to buy commercial truck insurance. If this is the first kind of truck insurance you're buying, you might not know what your policy should include. Here are some things you should ask the insurance agent before you purchase insurance for your delivery truck.

Am I Eligible for Discounts?

Because you have other business expenses to take care of, you're probably looking for ways that you can cut insurance costs. Luckily, there are some ways you might be able to do that.

For one thing, if you already hold a policy with a particular insurer, check with them to see if they offer insurance for commercial trucks. You may be able to bundle the policies and get a lower rate than you would otherwise. You might also get a lower rate because the insurance company is able to tell from your other policies whether you are a good risk. As you buy more trucks, insuring all of your vehicles might be less expensive over time because of all the trucks you'll be including on the policy.

You could also see discounts on your commercial truck insurance bill if you pay right away for your policy. Paying upfront might end up saving you on incidental costs over the life of the policy. 

You might also score a discount if you would be willing to enroll in driving courses designed for truck drivers. Knowing as much as you can about the driving history of your employees and sharing that information with an insurance company can also help you lower your insurance rates. For example, if they have a CDL license, costs might be lower.

What Extra Coverage Might Work for My Company?

While you may have a budget to keep in mind regarding how much you can afford for your commercial truck insurance, it is smart to consider extra coverage that may come in handy. For instance, do you want your insurance policy to cover the products and items delivered by your truck? That would be considered cargo insurance and is worth discussing and adding onto your overall policy.

Spend some time talking with a reputable commercial truck insurance agent so you can get a better idea of what policy is right for your business. That way, you can feel more confident that your delivery truck is protected when out on the road. So talk with a commercial truck insurance agent today or visit websites like http://www.xmetropolitan.com.