Do you own your own dump truck? If you’ve driven a dump truck for any period of time, you know that there are certain challenges that arise from a dump truck compared to other heavy machinery. That being said, demand for dump truck drivers is in the middle of a spike. The industry notes that there is an 8.6% potential increase in dump truck drivers. That makes it a good time to get into the field. However, there are many challenges that arise from driving a dump truck. The high center of gravity makes them prone to toppling over. Not to mention the fact that these trucks primarily function on construction sites and other high-risk locations. In 2018 alone, the USDOT reported more than 383 fatalities and more than 5,000 injuries related to dump trucks. This makes it imperative that you have the right insurance to cover your vehicle.

Finding the right insurance may not be the easiest task. Especially since finding commercial insurance at any time can be just as difficult as driving a heavy truck. There are so many obstacles and hazards to navigate that it can be daunting if you don’t know what you’re doing. There are the minimum requirements and then there are the insurance requirements to make sure you’re fully protected. Having the right insurance can help you save money by bonding your company and protecting your company from the risks of driving a heavy vehicle. There are even license requirements that mandate the type of insurance you need and the minimum coverage requirements.

Minimum Dump Truck Insurance Requirements

At the very least, everyone needs to have liability insurance. Depending on your business needs, you may need more than just liability insurance. For instance, depending on your driving record, fleet size, jobs, and the trucks in your fleet, determines the type of insurance you may need. You may also need cargo insurance, physical damage insurance, collision insurance, and fire and theft insurance. Additionally, you may also need bodily injury insurance. Making sure that you have all of these insurance types will ensure that your business is protected.

In the booming industry of construction, there’s never been a better time to become a dump truck driver. Making sure that your business is protected will ensure that you can stay in business for years to come. If you need to insure your business, give Safeline Truck Insurance a call today. They have a team of insurance experts to help understand your specific business needs.