Assured Standard Releases New Guide That Explores Non-Trucking Liability Insurance For Owner-Operated and For-Hire Trucks
California: Assured Standard presents a new article that explores non-trucking liability insurance for owner-operated and for-hire trucks. The guide, published on Assured Standard’s website, was compiled by the company’s insurance experts. The guide was released to shed light on the importance of financial coverage for truckers in case of accidents and damages while on the road.
Although smaller companies with five or fewer trucks often obtain only basic tracking insurance, larger companies sometimes seek additional insurance coverage to protect themselves against various forms of trucking liability, such as non-trucking liability insurance. Owner-operators may require non-trucking liability coverage even if state law does not require it. The publication analyzes the benefits of non-trucking liability insurance. The experts in the guide explained how this insurance could provide protection for a trucker against a potential lawsuit from an accident and help cover any medical bills someone may suffer.
According to Assured Standard, the company's experts compiled the guide after thorough market research. The purpose of the publication was to simplify the differences between various types of auto insurance coverage by guiding readers through what each one covers. The guide described what Non-Trucking Liability insurance covers to give a clear understanding of its importance and benefits. The guide uncovered the costs related to non-trucking liability insurance costs. It also discussed the importance of getting trucking insurance.
Since its inception, insurance advisor Assured Standard has provided information, advice, research, reviews, comparisons, and analyses for helping businesses and truckers find the right insurance policy for their needs. The guide was published as part of their regular research on Commercial Truck Insurance for their readers. Readers can find the full guide by visiting their page: https://www.assuredstandard.com/non-trucking-liability/.
“Third-party coverage, as well as bobtail insurance, can protect business owners and truck drivers from the financial consequences of a trucking accident. This guide goes into the intricacies of non-trucking liability coverage to analyze its benefits and necessity,” said Arthur Williamson, Chairman and CEO of Assured Standard. He believes it is important to understand all the options available and to weigh the pros and cons of each policy prior to making an informed choice about insurance coverage.
As part of its efforts to assist truckers and businesses choose the right commercial insurance policies, Assured Standard offers recommendations and advice regarding different types of insurance. It also discusses general liability insurance, professional liability insurance, workers' compensation, cyber insurance, equipment breakdown, business owner's policy, and different types of trucking insurance.
Williamson said, “Insurance is a crucial component of any business, and many factors need to be weighed before choosing the right level of protection for your company. We hope to provide in-depth, authoritative information about different types of coverage and crafting insurance policies. So each business can carefully tailor its insurance plans.” For more information on workers' compensation and who regulates it, readers can visit their page: https://www.assuredstandard.com/who-regulates-workers-compensation.
To get recommendations for the best insurance or learn more about insurance policies and the resources available, readers can visit the Assured Standard’s website.
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