Texas Trucking Insurance

In the past, licensed transport companies typically carried all the necessary coverages to protect the dealer who hired them. Those coverages include not only liability, but also CARGO coverage.

For whatever reason, there has been a rash of claims involving physical damage loss while in-transit via licensed transport companies with NO available cargo insurance.

The two policy forms most used in Texas are the Auto Dealers Coverage Form and Garage Coverage Form. The data included here is based on the Auto Dealers Coverage Form and is not intended to provide all the nuances and/or explanations of every coverage and/or exclusion.

For the purposes of this narrative, we will hit only on the ‘high spots’ and those I believe to be of most interest to the typical Independent Auto Dealer.

So many of our dealer customers also have rental income properties, and that trend is on the increase across the industry. One negative result is dealer-owners getting hit for claims for which they are not or should not be responsible.

The law does not require your tenants to purchase their own insurance. Nonetheless, given its benefits to both landlords and tenants, you, as landlord have the right to require that purchase prior to leasing a property.

The ‘WHY’ is important:
For the purposes of this narrative, we will hit only on the ‘high spots’ and those I believe to be of most interest to the typical Independent Auto Dealer.