At Consolidated Insurance Brokers we specialise in Truck Insurance!
What is Truck Insurance?
Truck Insurance, also known as Heavy Motor Insurance or Transport Operator Insurance, provides protection for your truck, rigid trucks, prime movers, trailers, earthmoving and any other heavy motor equipment you need cover for. It is separate from standard vehicle insurance as trucks have different expectations, different drivers and need different benefits to cover common out-of-pocket expenses at claims time. It can provide cover for both damage to your own vehicles, and damage that your vehicles cause to other people’s property.
Truck Insurance can then also add extra benefits such as business Public Liability, Marine Transit to protection against goods being damaged in transit, or Downtime which will provide lost income while the vehicle is being repaired after an accident!
Who Needs Truck Insurance?
If a vehicle has a carrying capacity of over 5 tonnes, or a GVM over 7,000kg then Heavy Motor Insurance should be a priority. It protects your investment, and more importantly protects the business against damage that the truck might cause in an accident. Sole traders or Transport Companies who rely on a small number of vehicles should also arrange Downtime protection, which provides an income while the vehicle is being repaired after an accident. Consolidated Insurance Brokers can also assist with Small Truck Insurance for Vehicles with a carrying capacity under 5 tonnes – Please refer to our page: Small Truck Insurance
How can CIB help?
At CIB we work on your behalf to get tailored insurance that matches your needs and business format. We have a panel of dedicated heavy motor insurers, ranging from global companies to specialist Australian underwriters. This gives us the flexibility to find the right cover for you regardless of the work you do – including interstate prime movers, council dump trucks and refrigerated transport.