Commercial Truck Insurance
A truck policy is not one product, it is a set of sections, and most disappointment at claim time comes from assuming a section was included when it was elected. This page walks through what a commercial truck policy actually contains.
Quick Quote
60 secondsThe company, trust or individual name the policy goes in.
No obligation. Subject to eligibility and underwriting.
What commercial trucks insurance covers
Section One: The Vehicle
Comprehensive cover on the truck, its body and its permanently fitted equipment, at either agreed or market value. This is the part everyone buys and the part that is usually correct. It also covers fire and theft of the vehicle itself.
Section Two: Third-Party Liability
Damage you cause to other people's property and injury you cause, plus the legal costs of defending it. Included within motor for road incidents, but public liability is a separate policy for what happens away from the driving.
Section Three: The Freight
Carriers liability or goods in transit, covering what you carry. Elected, not automatic, with its own limit per event. This is the section most often missing or set too low, and the one contracts most often specify.
Section Four: Downtime and Recovery
Hire vehicle, towing, recovery and loss of income while the truck is off the road. Almost always optional, and almost always the difference between an inconvenient claim and a business-threatening one for a small operator.
Section Five: Machinery and Fit-Out
Cranes, tail-lifts, hoists, refrigeration and hydraulics, both as scheduled property and as machinery breakdown when they fail on their own. On a specialised truck this can be the most valuable section of the lot.
What Is Never In There
Wear and tear, mechanical failure without a breakdown section, unroadworthy condition, unlicensed drivers and undeclared use. None of these are unusual exclusions, but each is a regular cause of a declined truck claim.
Cover, limits and examples shown are general in nature and subject to eligibility, underwriting and the terms of the issued policy.
Reviews are for Stonewell Insurance, the business behind Truckie Cover. Authorised Representative of McLardy McShane Partners Pty Ltd (AFSL 232987).
What does commercial truck insurance actually cover?
Which sections are optional?
Is mechanical breakdown covered?
What is not covered under any section?
Ready to get commercial trucks covered?
Tell us what you drive in about 60 seconds and we come back to you with options.
Truckie Cover is a trading name of Stonewell Insurance Pty Ltd (ABN 23 645 965 699), Corporate Authorised Representative No. 1285612 of McLardy McShane Partners Pty Ltd (ABN 14 064 465 309, AFSL 232987).