Dump Truck Insurance:
There are specific insurance requirements to drive a dump truck in Georgia. Requirements are made to protect your property and business. Due to their size and use, commercial vehicles can cause massive damage. As a result, Georgia uses basic requirements to help protect them and those around them. These fall under a commercial policy. It is also important that you tailor your policy beyond the basic standards. The cost of your policy will depend on a few things. For example, the make and model of your vehicle. Other factors on cost will be the year of your vehicle, driving record and weight. In this way, commercial vehicle and standard vehicle insurance are similar.
Requirements:
The basic requirements include a few different things. Firstly, commercial liability insurance. Secondly, minimum property damage liability. Thirdly, bodily injury liability. This basic amount is not enough to protect your property and business. You will want to build onto this coverage and tailor it. Listed below are a few add-on coverages you should be consider. You should also consider visiting here to check if you have met all license requirements.
- Non-trucking coverage: In case you drive outside of commercial use, this coverage will protect your property from damage. This is for a driver who might be taking on contract jobs
- Physical damage coverage: This coverage will compensate you for the damage incurred to your truck. If you have a lease, this coverage will be
- Motor truck general liability: Protection for your business if one of your employees causes damage to a customer’s property
- Downtime insurance: In case your truck is damaged, this will cover the downtime it takes for you to repair your vehicle
Insurance requirements will protect you, your employees and your business. However, you should consider ways to reduce the risk of having to use the policy. Therefore, creating a strategy to make sure that you and your employees are being careful is important. For example, creating a checklist for each employee to go through before driving can reduce the chance of potential damage.
How to Reduce Risk:
The driver should help to reduce the risk of damage by following a check-point list before driving the vehicle.
- Look over the vehicle before driving
- Wear clothing that will reflect and protect the driver
- Check to make sure your dump truck is not over the payload
- Refrain from overloading the vehicle
In short, having a policy that fits your needs is only one part of owning a commercial vehicle. In addition to the policy, you should make sure your driver inspects the vehicle before use. But these policies can also be complicated and confusing. It is best to contact a qualified insurance agent to help you tailor your insurance needs. Firstly, you will want to make a list of the types of uses for the dump truck. After that, you will want to convey that information to the insurance agent. To get started on a free quote and to speak with a qualified insurance agent, click here.
