Commercial Transportation Insurance
What is Commercial Transportation Insurance and Do I Need It?
In the U.S., vehicles carrying nearly 3 billion tons of goods worth more than $4 trillion cover over 3.2 tillion miles a year on the road, according to the National Highway Traffic Safety Administration and the St. Louis Fed. Every part of our economy is impacted by the transportation industry. Whether you operate a fleet of class 8 trucks or you’re a single owner-operator, having a clear understanding of the specific regulations, duties of care, risks, and criminal activity your operation may be vulnerable to is imperative.
Because of the unique nature of transportation, it’s important to get in contact with an ABCO advisor to make sure you’re covered for the types risks you will encounter so you are protected on the road.
Who needs transportation insurance?
Garage, auto service and repairs