Unladen Liability Insurance Can Help you Protect your Cargo Business off the Road. In the dynamic business world, risk is an inherent factor that can have significant financial implications. One such risk businesses in the transportation sector face is liability arising from their unladen vehicles
Understanding Unladen Liability Insurance Unladen liability insurance, also known as bobtail insurance or deadhead coverage, is a specialized form of commercial auto insurance by an independent trucking insurance agency (Florida and other states). While standard commercial auto insurance primarily covers vehicles when actively transporting goods or passengers, unladen liability insurance comes into play when a commercial vehicle is functional without cargo. For instance, consider a trucking company that usually transports goods but occasionally has to drive its trucks without any load. During such times, the company might still face liability risks, such as accidents, injuries, or property damage caused by the unladen vehicle. It is where unladen liability insurance steps in to provide coverage.
Liability Coverage: Unladen liability insurance typically covers bodily injury and property damage liability resulting from accidents while the commercial vehicle is not carrying any cargo. This coverage can help mitigate the financial burden of legal claims and medical expenses. Many jurisdictions require commercial vehicles to maintain specific insurance coverage even when not hauling cargo. Unladen liability insurance helps businesses meet these legal requirements while ensuring financial protection. coastaltruckinginsurance