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Insurance Glossary

30 Day Short Term/Drive Away Coverage - This is a 30 day policy that provides $1,000,000 liability coverage and physical damage coverage.  Please call 888-498-0255 for details or visit www.shorttermtruckinsurance.com.


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Primary Liability - this coverage provides protection against legal liability arising out of the ownership, maintenance, or use of any insured automobile. The insuring agreement agrees to pay damages for bodily injury or property damage for which the insured is legally responsible because of an automobile accident resulting from the ownership, maintenance, or use of covered auto.  This coverage is required by the Federal Highway Authority and we will make all required filings to them within 48 hours of binding coverage.



Physical Damage - This is coverage for your tractor and trailer.  It provides protection against loss or damage to your covered vehicle resulting from the impact with another vehicle or object.


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Trailer Interchange- coverage for the liability of truckers for loss or damage to non-owned trailers and equipment which are in the insured's possession under a written trailer interchange agreement.



Cargo - This coverage protects the trucker in the event of loss or damage to freight they are hauling.


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Non-Trucking Liability (Bobtail) - protects the public from bodily injury or property damage when an owner operator who is leased on to an authorized carrier is not under dispatch from that carrier.



Commercial General Liability - Coverage pertaining to claims arising out of the insured's liability for injuries or damages caused to ownership of property, manufacturing operations, contracting operations, sale or distribution of products and the operating of machines as well as professional services. Based on premises & operations liability with Trucker endorsement for portability of liability due to truckers unique exposures.


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Workers Comp - Workers' compensation is a type of business insurance that provides employees who become injured or ill while on the job with medical coverage and income replacement. It also protects companies from being sued by employees for the workplace conditions that caused such an injury or illness.



Occupational Accident - Product designed specifically for owner operators in the trucking industry.  In most states, by being self-employed owner/operators can choose not to purchase workers compensation coverage. While not the same as workers compensation, occ/acc is very similar in scope and intent. For those who qualify, occ/acc is a lower cost alternative.


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Contingent Liability - provides indemnity and defense to a truck broker for third-party liability claims.  For more information on this coverage please visit www.brokercontingentcargo.com or call Temple Scalf at 888-498-0255.

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Contingent Cargo - provides indemnity and defense to a truck broker for third-party cargo claims.  For more information on this coverage please visit www.brokercontingentcargo.com or call Temple Scalf at 888-498-0255.