If you're an independent contractor and own a semi-trailer truck, you probably are already required to carry non-trucking liability insurance by the trucking industry or the company you contract with. This protects you should you have an accident while using your truck for personal reasons or when not involved in driving for for the carrier. Larger trucking companies may reimburse or cover drivers for this insurance while smaller companies may not.
Bobtail insurance is a completely different policy than the non-trucking liability, and it's necessary if you tend to drop a trailer and head to another stop without a trailer. Most know this as deadheading from one stop to another without a trailer. It also covers you when you drop a trailer and …show more content…
However, if you are actually working and on your way to pick up a load and do not have a load and involved in an accident, your non-trucking liability insurance would not cover damages since you didn't have a trailer at the time of the accident.
If you engage in a lot of deadheading, the bobtail insurance policy is must-have to protect your semi when you do not have a trailer.
How much is a bobtail policy?
Policies for bobtail insurance will vary depending on the amount of liability you want. Commonly, the policy is written for $1 million, but you can purchase more if you wish. The amount of the liability you choose will impact your premiums. Many companies will write both your non-trucking liability insurance and bobtail policies together and may offer a discount for having more than one policy with the agency.
Saving money on insurance coverage
As with any insurance coverage, shopping around and getting quotes will ultimately save you a great deal of money. First, consider the amount of time and distance you typically are deadheading, if you do this often and for long hauls, the bobtail policy with a higher liability is definitely something you will want to
Bobtail insurance is a completely different policy than the non-trucking liability, and it's necessary if you tend to drop a trailer and head to another stop without a trailer. Most know this as deadheading from one stop to another without a trailer. It also covers you when you drop a trailer and …show more content…
However, if you are actually working and on your way to pick up a load and do not have a load and involved in an accident, your non-trucking liability insurance would not cover damages since you didn't have a trailer at the time of the accident.
If you engage in a lot of deadheading, the bobtail insurance policy is must-have to protect your semi when you do not have a trailer.
How much is a bobtail policy?
Policies for bobtail insurance will vary depending on the amount of liability you want. Commonly, the policy is written for $1 million, but you can purchase more if you wish. The amount of the liability you choose will impact your premiums. Many companies will write both your non-trucking liability insurance and bobtail policies together and may offer a discount for having more than one policy with the agency.
Saving money on insurance coverage
As with any insurance coverage, shopping around and getting quotes will ultimately save you a great deal of money. First, consider the amount of time and distance you typically are deadheading, if you do this often and for long hauls, the bobtail policy with a higher liability is definitely something you will want to