Truckers workers compensation insurance is a mandatory requirement by the US government for any trucking company/owner. The insurance offers the following coverage:
However, obtaining this policy can be a daunting process since many factors come into play. Getting a proper and comprehensive coverage can be very confusing. Below are some of the terms that you are likely to come across when seeking this covers.
It is vital to point out workers compensation insurance will vary depending on the category.
This is one the most confusing areas when it comes to truckers workers’ comp insurance. Remember we mentioned that trucking companies get insurance to cover their employees against injuries.
What happens in the scenario where the owner of the equipment is still the driver? Who will be responsible for the cover when he/she leases his/her equipment to another company? These questions are very common.
First, it is vital to note insurance is mandatory whether you operate your own equipment or not since everybody needs to protect themselves against accidents.
Additionally, when leasing out your equipment, the owner-operator workers’ compensation cover will depend on the terms of the contract.
Sometimes the contract may spell out that the leasing company should cover the costs or the owner.
When securing a policy for your truck company many factors come into play. Some of the coverage classes include:
Our team prides itself on a wide range of knowledge and experience in providing the best rates truckers workers’ compensation insurance in the State of California for many years.
Our staff will help you choose the best premium that is just tailored for you, helping you save money and time. Contact us now.