Box truck Insurance or California Commercial Truck Insurance

Commercial truck insurance or box truck insurance provides coverage for almost all types of trucks that may include fleets or vehicles owned by huge trucking corporations. Therefore, the coverage is for the local drivers, intermediary and provincial drivers, long-haul or OTR carters, dump automobiles, tow lorries, auto carriers, dry cargo, reefers, containers, timber carters, and hazardous material haulers.  

Types of Coverages Offered in California

The major types of insurance coverages crucial for the commercial truck drivers in California include:

• Bodily Damage and Property Damage Insurance
• General Liability (Includes Physical Injury) Insurance

However, other types of business auto insurance coverages are accessible at your preference. Hence, it is usually best for you to purchase such coverages to ensure that you or your enterprise are not financially accountable in a mishap situation. Other types of coverages may encompass:

• Truck Freight Insurance
• Extra Liability Insurance
• Workers Compensation Insurance
• Bobtail Insurance
• Partial Depreciation Coverage
• Automated Breakdown Insurance
• Non-trucking Liability Insurance
• Supplementary Hauling and Clean Up Insurance

Some leading insurance corporates may offer extra benefits.

An Insight into Commercial Truck Insurance in California

The state of California has certain insurance requirements for commercial vehicle drivers. These might be distinct for every driver. So whether you are an OTR truck chauffeur or ride a big bus. The requirements usually concern the coverage amount you require to officially operate in the state:

Passenger Haulers

The amount of coverage needed by the passenger hauler is determined by the seating capacity of the automobile. Hence, the requirements in California are as follows:

• 1 - 7 seats = $750,000
• 8 - 15 seats = $1,500,000
• 16 seats + = $5 million

Property Haulers

As an official for-hire motor hauler that carries regulated merchandise (besides household items), you should file proof of public charge. This may cover physical injury and property damage insurance.
So, in California, the necessities for property haulers are as follows:

• Automobiles weighing less than 10,000 lbs.: $300,000 charge
• Automobiles weighing 10,000 lbs. or more: $750,000 (single limit)

Household Carters

If you are a household carter, you are entitled to $250,000/ $500,000/ $100,000 or $600,000 pooled single limit coverage. The specifications are as follows:

• $250,000 for physical injury for every person
• $500,000 for physical injury per accident
• $100,000 for property harm
• $600,000 pooled single limit coverage

Regional Motor Haulers of Gasoline Products

Regional motor haulers of gasoline products and gasoline waste products need to have wide-ranging coverage to fulfill California’s state requirements. Particularly, they need to have:

• $500,000 for physical injury for every person
• $1 million for physical injury per accident
• $200,000 for property harm
• $1.2 million pooled single limit coverage

Hence, these rates are applicable for the automobile and the driver. Supplementary insurance may be required for the property being moved.

Hazardous Substance Transporters

Hazardous substance transporters need to obtain a distinctive CDL to be certified to transport substances and products that are risky for health, and the property of the general public while being carried from one place to another. Besides, federal regulation and CDL certificates, transporters need to carry $5 million to $ 1million pooled single limit coverage. www.carmar.net