Bobtail insurance is a type of liability insurance that protects truck drivers who are involved in an accident while driving on the road. These situations usually occur after a truck driver drops off a shipment, and is on their way to pick it up.
Bobtail insurance is different from the standard liability insurance truck drivers typically carry because it covers accidents that happen on company time even though the driver isn’t shipping a shipment. Truck drivers typically have standard liability insurance that covers accidents that happen while driving their trucks on their personal time. This article will explain who bobtail coverage is, what it typically covers, and what you can expect to pay. Continue reading to find out more.
Bobtail insurance for whom?
These are the most common reasons that drivers sign up for Bobtail Insurance:
It is necessary to work with the company.
They often drive their semi-trucks without freight during work hours.
They lack the financial resources to pay for any injuries or damages that might arise from an accident.
Many drivers claim that bobtailing can be more dangerous than driving a truck and a trailer loaded with cargo. Without the truck's weight, steering and braking can be much more difficult and dangerous.
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What does Bobtail Insurance cover?
Bobtail insurance does not cover damage to your truck because it is a liability plan. It will cover you for bodily injury and property damage, if you are responsible in an accident.
Bobtail insurance does not cover accidents that happen while your trailer is empty or you are on duty. Bobtail liability insurance won't cover you if you are in an accident while vacationing or performing chores.
The same applies to accidents that occur while transporting a shipment. Bobtail insurance won't cover it even if it is a half-load.
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How are Bobtail Insurance Premiums Calculated?
The cost of bobtail insurance is determined by several factors. This includes your driving record, which considers how long you've been a truck driver, and how many accidents have you been involved in. How often you bobtail on the job. If they find that bobtailing is a frequent activity, premiums could be higher. Your insurance history, as well as the amount of coverage you choose, can affect your monthly bobtail insurance costs.
Bobtail Insurance can protect you from serious financial disasters
Bobtailing is dangerous and can lead to serious injuries. Bobtail insurance protects you from financial liability in the event of an unfortunate accident. This makes you feel confident that you will be protected regardless of what happens.
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