Motor Carrier Insurance

If you are testing waters for Arizona motor carrier insurance, you are either a start-up hauling goods, or an experienced company seeking a reliable protection in the state. This type of insurance targets businesses involved in for-hire trucking. Let’s have a closer look at the Arizona motor carrier coverages before diving deep into the process.

Motor carriers in Arizona need to pay a whole lot more attention to the risks on the road since it can impact immensely on their businesses. We care about your business, that is why we offer you the best Arizona for-hire insurance solutions you can count on. Some of the insurance plans are mandatory, while others are optional and will empower your basic security needs.

Mandatory Insurance Plans

• Liability Insurance, covering the damages caused to a third party, is included in the mandatory list of for-hire truck insurance plans in Arizona. By obtaining this insurance plan, you can easily get access to both Bodily Injury and Property Damage coverages. Keep in mind that the cost of this insurance is mainly determined by the type of goods you are hauling as a motor carrier.

• Physical Damage Insurancecovers your truck in case it’s damaged in an accident. This insurance plan comprises the following coverages:
  • Collision insurance
  • Comprehensive insurance
  • Fire and Theft with Combined Additional coverages.

It’s worth to mention that these 3 options usually come in one package and are very effective against collision, fire, theft, or vandalism.

• Motor Truck Cargo Insurance covers the goods you are transporting in your truck and assists you in completing your mission with success. Get your cargo insured and have a sigh of relief even when it’s lost, damaged, or hijacked.
• Uninsured Motorist Insurance compensates for the damages caused to you and your truck by drivers, who are not insured properly to cover your injuries and damages. This insurance differs based on the state, contact us for further details.
• Medical Payments Insuranceis not available in all the states. This coverage can be a savior to you and your passengers after an accident, reimbursing the medical expenses of your injuries.

Motor carrier insurance requirements may differ from state to state. Arizona motor carriers should act according to the corresponding financial responsibility regulations, taking into account the weight of the truck and the goods that are hauled. If you are one of them, you too need to handle proper filings for your required level of financial responsibility - the time-consuming paperwork, which can slow you down a good deal.

We can partner to share this burden with you. It’s our professional skills and expertise that we bring to the table in favor of you and your business.