Buy NTL Insurance Policy the same day (844) 308-5321 .
If you’re under permanent lease or will be leased on to a motor carrier that provides your Primary Automobile Liability Insurance coverage, you could benefit from our cheap commercial truck insurance Non Trucking Liability – NTL Insurance coverage with unlimited radius while using your truck for a non-business purpose.
Non Trucking Liability Insurance can pay for medical and associated expenses for injuries or even death that you cause to other people or for any damage caused to other peoples’ property. Non-Trucking Liability Insurance provides liability coverage for your truck when it’s not under dispatch and or used for personal use only, such as when you are at home on your day off and use the truck to go on errands or to visit a friend or relative. This endorsement only modifies the liability portion of your policy.
NTL – Non Trucking Liability Insurance does not provide liability coverage for any use that can be considered business use or to carry cargo. Trips to and from the terminal, fueling up, trips for maintenance or vehicle servicing, use during layovers, dead-heading (driving without a load), and even getting the truck washed may be considered using the auto for a business purpose. Business use would be covered by the motor carrier’s primary liability insurance.
Although Bobtail coverage is often used interchangeably with Non-Trucking Liability coverage, technically they are not the same thing. Bobtail insurance protects a tractor when it’s operated without a trailer, whether or not it’s under dispatch, while Non-Trucking Liability coverage only covers a vehicle when it’s driven for personal, non-business use and not under dispatch.
Non Trucking Liability (NTL) and Bobtail Truck Insurance: A Comprehensive Guide
Truck owners understand the importance of having adequate insurance coverage for their vehicles. However, many may be unaware of two particular types of insurance coverage, Non Trucking Liability (NTL) and Bobtail Truck Insurance, and the benefits they offer to truck owners. This comprehensive guide will explore what these types of insurance policies are, the coverages they provide, and how a NTL trucking specialist broker can help truck owners save money on their trucking policies.
What is Non Trucking Liability (NTL) Insurance?
Non Trucking Liability (NTL) insurance is a specialized form of liability insurance coverage that is designed to provide liability protection to truck owners while they are not actively engaged in business-related activities. This type of coverage provides a financial safety net in the event the driver is involved in an accident while operating their truck for personal use.
The coverage offered by NTL insurance policy is typically limited to liability coverage only, meaning it does not cover physical damages to the vehicle itself or medical expenses for any injured parties. The limits of this type of coverage vary depending on the policy and the state in which it is purchased, but typically range from $500,000 to $1 million in liability protection.
What is Bobtail Truck Insurance?
Bobtail truck insurance is similar to NTL insurance, in that it provides liability protection for truck owners while they are not actively engaged in business-related activities. The difference between NTL and Bobtail insurance is that the latter offers additional coverages such as physical damage and medical payments.
The physical damage coverage provided by Bobtail insurance policies covers damages that occur to the truck while it is not being used for business purposes. This type of coverage can include damage from accidents, vandalism, theft, and weather-related incidents. Medical payments coverage is designed to cover any medical expenses that are incurred by any injured parties as a result of an accident involving the truck. The limits of this type of coverage vary depending on the policy, but typically range from $10,000 to $50,000.
How Can a NTL Trucking Specialist Broker Help?
When it comes to purchasing NTL or Bobtail truck insurance policies, it is highly recommended that truck owners work with a NTL trucking specialist broker. These brokers are experienced professionals who know the ins and outs of the trucking industry and can help you find the best coverage for your needs at the most affordable rates.
When you work with a NTL trucking specialist broker, they will take the time to get to know you and your business so they can better understand your needs and tailor a policy that fits them. They will also be able to negotiate with insurers on your behalf to secure more competitive rates. Additionally, they will be able to provide valuable advice when it comes to understanding the different types of coverages available and selecting the ones that are most appropriate for you and your business.
Non Trucking Liability (NTL) and Bobtail Truck Insurance are two important forms of insurance coverage for truck owners that provide liability protection for when they are not using their vehicles for business purposes. This comprehensive guide has explored what these types of policies are and the coverages they provide as well as how a NTL trucking specialist broker can help truck owners save money on their trucking policies. By understanding these types of policies and working with a NTL trucking specialist broker, you can better ensure you have the right coverage in place to protect your business and save money in the process.
Request help and find lowest non trucking liability insurance cost from qualified professionals that deal with New Ventures everyday in AL,AR,DE,FL,GA,IA,IN,KS,KY,MD,ME,MS,NC,NE,NJ,OH,PA,SC,TN,TX and VA (855) 554-6321 .
Unlike the primary auto liability coverage that the (FMCSA) Federal Motor Carrier Safety Administration requires and most truckers need at least $750,000, NTL Insurance coverage will never need to be filed as it will not activate your authority. According to the FMCSA, the federally mandated coverage must include both bodily injuries as well as property damage and bee submitted by an approved insurance company for your MCS90 and federal ICC Filings.
BMC-91 or BMC-91X = Freight:–$750,000 – $5,000,000, depending on commodities transported; $300,000 for non-hazardous freight moved only in vehicles weighing under 10,001 lbs.
NTL Insurance and truck physical damage coverage and related products available in 48 states and expanding (844) 308-5321 .
If you are located in another state go ahead and submit the contact form and we will be glad to locate two preferred places to obtain coverage for your trucking operation.
We also offer primary auto liability for truckers and other transportation companies as well. From the regular delivery van to big rig semi tractor trailers operations.
If you need a regular full service commercial truck insurance policy we have a direct appointment with Big Rig Insurance Brokers so either way we have you covered!
For new startups that may find the price of primary auto liability coverage, cargo coverage, trailer interchange, general liability and physical damage coverage too expensive to see a profit so many choose to sign-on with another seasoned carrier for a year or two before going on their own.
By starting this way the new startup or new venture will make less money but will be able to survive the most difficult 1st and 2nd years in operation.
