TRUCKING INSURANCE MICHIGAN

THE EXPERIENCE YOU NEED

Why trust your insurance needs with someone who sells truck insurance part time? The staff at Global one insurance agency are specialized in truck insurance – our focus is to provide the best truck insurance protection tailored to your unique needs with no costly extras.

THE COVERAGE YOU NEED

Our knowledge and experience make Global one Insurance Agency one of the most respected agencies in the trucking industry. We don’t follow the “one size fits all” attitude of many other insurance agencies. Large or small, we listen to you and will customize a policy that is just right for your business. Our friendly Michigan truck insurance experts will explain all Federal, State and local requirements and help you select the insurance coverage you need to protect your business and your livelihood.

EASY PAYMENT OPTIONS

GLOBAL ONE INS AGENCY knows that after your truck payment and fuel – Insurance is your largest expense. Be sure to ask about our truck insurance down-payment plans, where a significant amount of your start-up costs are deferred until you are operating under your own authority.

Licensed to provide truck insurance in the following states :

  • MICHIGAN
  • INDIANA
  • IOWA
  • MISSOURI
  • PENNSYLVANIA
  • ILLINOIS
  • OHIO
  • KENTUCKY

Types of Commercial Truck Insurance

Primary Liability
Primary Liability Insurance coverage protects you from damage or injuries to other people as a result of a truck accident. This truck insurance coverage is mandated by state and federal agencies and proof of coverage is required. We provide truck insurance coverage limits ranging from $35,000 to $2,000,000. Pricing is dependant on region, driving records, and history of the trucking operation.
Physical Damage
Physical Damage Insurance is coverage for your truck and trailer. This insurance coverage is for repair or replacement for damage resulting from things such as collision, fire, theft, hail, windstorm, earthquake, flood, mischief, or vandalism to your owned vehicles. Pricing is based on the value of your equipment and usually pays a percentage of that value. Physical damage coverage may be required by the lien holder of your vehicle.
Motor Truck Cargo
Motor Truck Cargo insurance is needed to protect the carrier in case of lost freight or damaged goods. There is a maximum load limit per vehicle with this policy. Truck insurance coverage limits can range from $10,000 to $100,000 with excess policies available upon request. Pricing for this insurance is mainly dependant on the type of cargo being hauled.
Trailer Interchange
Trailer Interchange Insurance is coverage for the legal 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.
Non-Trucking Liability
Non-Trucking Liability (Bobtail Coverage) provides limited liability truck insurance for owner-operators who are permanently leased to an ICC regulated carrier. It provides limited liability protection when the owner-operator is not on dispatch, nor pulling a loaded trailer. For example, this coverage would apply when the owner-operator gets their truck washed or brings their trucks into a shop for repairs. Once the owner-operator is under dispatch, they are covered under the Primary Liability insurance policy of the company that they are leased to.
General Liability Insurance
As the name implies this coverage pertains to very broad coverage other than automobile. Protection for injuries or property damage sustained while on your premises, using your products or services, or because of a breach of contract are some of the more customary types of risk this coverage is intended for. This policy can also include many options specific for your type of business (ie: pollution; environmental; underground; professional).

For standard transportation business operations the basic policy is usually sufficient coverage. If your operations include fuel tanks on your premises then it is wise to include a limited form of pollution coverage. For freight forwarders or custom house operations a form of professional liability coverage may be appropriate.

Significant policy conditions are contained within this policy that must be reviewed with your insurance broker to make sure there are no gaps in protecting your operations.

Policy limits run the gambit from $300,000 on up; however, the usual policy limit sets each occurrence at $1mm and a policy aggregate of $2mm. Higher limits are available as necessary for your particular need.

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