Insurance
Accidents Happen – Make Sure You’re Covered
Trucking is a risky business. Even if you practice safe driving at all times, you could still be involved in an accident. That's why quality insurance coverage is so important.
Truck insurance protects you and your equipment from financial loss or other claims that may be made against you. Just like with car insurance, you pay a premium that is based on the value of your equipment, and the insurance company agrees to pay up to certain monetary limits if an accident or damage occurs.
Connected Insurance
Lets drivers use their Detroit Connect® telematics data to potentially lower insurance costs. By sharing driving performance information, safe habits can be rewarded with premium discounts, helping owner-operators and fleets save while staying protected. Get your personalized quote with GEICO to find out your potential savings.
PHYSICAL DAMAGE
Pays for repair and replacement of your truck if damaged or destroyed in a collision or other accident, regardless of fault, as well as loss from fire, theft, vandalism or natural disasters. Make sure your coverage is at least equal to the market value of your equipment.
NON-TRUCKING LIABILITY
Provides personal liability (bodily injury) and property damage coverage when your truck is not under lease agreement to a regulated carrier. It’s a combination of "deadhead liability“ (when the driver/truck is not dispatched) and “bobtail liability” (truck operated without a trailer attached)—both of which are generally not covered or inadequately covered by the regulated carrier’s policy.
GAP INSURANCE
In the event of a total loss, gap insurance pays the difference (or “gap”) between what you owe (outstanding loan amount) minus what the insurance company says the vehicle is worth at the time of loss. There is no deductible for gap insurance, which means there are no out-of-pocket expenses incurred by the policyholder at the time of claim.
SelecTrucks is Here to Help You Insure Your Truck
Navigating the complexities of insurance can be challenging, but at SelecTrucks, we're here to help. The key with insurance is making sure you know what’s covered and what your risks are in any circumstance. In the event of an accident, it may mean the difference between owing nothing and owing everything. Trust us to guide you in protecting your valuable trucking assets through Daimler Truck Financial Services, our preferred finance provider, to learn more.
