There are unique safety and liability considerations to be made when operating a dump truck. Therefore, dump truck insurance is available exclusively to the operator of such a vehicle as a specialty line of truck insurance products. Source: www.truckinsure.com.
Due to the specialized nature of insurance products for dump trucks, you may have questions about insuring them. Here are answers to a few of the most common.
1. What Are the Different Types of Dump Trucks?
Most people are probably most familiar with the "end dump" configuration in which the back of the vehicle is the dumping location. There are also side dump and center dump configurations. Insurance products are available to cover each type of dump truck.
2. What Factors Influence Insurance Costs?
There are many factors that can have an effect, such as vehicle age, location, the radius within which you operate, etc. Basically, anything that an insurance company assesses as a higher risk has the potential to increase the price of your dump truck insurance premium.
3. Are There Things You Can Do To Save Money on Insurance?
Maybe so. Your insurance company may offer you discounts on your rates if you take steps to promote safety, such as the following:
You may also be able to decrease your premium by increasing your deductible. It is always a good idea to ask your insurer about any specific discounts available.
- Vehicle inspection before every trip
- Proper maintenance
- Driver screening process