Protect Your Fleet and Workforce with Usher Risk Management Group

Operating a trucking business comes with its own set of risks. Accidents, theft, and natural disasters can cause significant damage to your vehicles and impact your operations. Having the right damage coverage ensures that your trucks stay on the road and your employees are protected, minimizing downtime and financial loss.

– What it covers: Physical Damage insurance safeguards your commercial truck(s) against physical loss or damage. This includes coverage for collisions with other vehicles, rollovers, vandalism, theft, fire, and even weather events.

– Why it’s important: The American Transportation Research Institute (ATRI) reports that the average cost of a large truck crash can exceed $500,000 [ATRI website]. Physical Damage coverage helps offset these repair or replacement costs, minimizing downtime and ensuring your trucks are back on the road generating revenue.

– Who needs it: All trucking businesses, regardless of the type of truck they operate (box trucks, tow trucks, fleets, owner-operators, hot shot trucks, semi-trucks, and cargo vans), should have physical damage coverage.

– What it covers: Workers’ compensation insurance provides financial protection for your employees if they are injured or become ill while performing their job duties. It covers medical expenses, lost wages, and rehabilitation costs.

– Why it’s important: Workers’ compensation is mandatory in most states and protects your business from costly lawsuits and lost productivity due to employee injuries.

– Who needs it: Every trucking company with employees, including those operating box trucks, tow trucks, fleets, and semi-trucks, needs workers’ compensation insurance.

– Please note: Independent owner-operators typically do not require workers’ compensation unless they have employees working for them.

– What it covers: Occupational accident insurance can provide additional coverage for employees who experience an accident on the job that may not be fully covered by workers’ compensation. This can include benefits for pain and suffering, loss of earning capacity, and even death benefits for the employee’s family.

– Why it’s important: While workers’ compensation is crucial, occupational accident insurance offers a layer of security for your employees and their families in case of severe accidents.

– Who needs it: All trucking companies, including those operating box trucks, tow trucks, fleets, and semi-trucks, can benefit from offering occupational accident insurance to their employees.

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– What it covers: Truckers Medical & Disability insurance provides financial support for owner-operators and independent drivers if they are unable to work due to illness or injury, whether on or off the job.

– Why it’s important: An unexpected illness or injury can significantly impact an owner-operator’s income. This coverage helps ensure financial stability during these challenging times.

– Who needs it: Owner-operators and independent drivers who rely on their income to support themselves and their families should strongly consider Truckers Medical & Disability insurance.

Combines all coverage options for complete peace of mind and maximum security.

By investing in the right damage coverage solutions, you can ensure your trucking business is prepared for the unexpected.

Contact us today to discuss your specific needs and get a customized quote for a comprehensive protection plan.