WHAT IS GENERAL LIABILITY?
Whether you are a large truck company or an O/O, GL insurance is a good idea. General liability insurance can cover risks to your business outside of operating your truck. Some of the exposures GL insurance can guard you against are:
Delivering your load to the wrong place
A client slipping and falling in your office
One of your drivers going berserk at a truck stop
Slandering a load broker that later sues you
It makes sense to cover your risks whether they are on the road of off the road.
Most GL policies for truckers start at a policy limit of $300,000.
The most common limits, however, are $1,000,000 per occurrence with a $2,000,000 aggregate.
Higher limits can be obtained if needed. Also, if you are hauling certain hazardous materials, you may want to add a pollution endorsement. When you talk to your agent, make sure you are adequately covered for your unique risks.