Components of Wholesale Coverage Programs

Components of Wholesale Coverage Programs

wholesale physical damage auto coverage

Truckers and their vehicles usually spend much more time on the road than other drivers. This may increase the risk of collisions and other incidents. That is why specifically designed, wholesale physical damage auto coverage is ideal to protect your business. Programs can vary in a few ways.

Types of Vehicle Coverage

Program offerings can vary based on the units they cover. When choosing a wholesale physical damage auto coverage program, check if the program covers your unit types, whether that is a light truck, bus or heavy tractor.

Types of Risk

Different units and uses face different risk types, and this is considered in wholesale coverage programs. Some programs have region specifications and physical damage liability requirements.

Types of Physical Damage Coverage

The most important factor to clarify is the type of coverage you want. Comprehensive coverage covers the loss resulting from damage that is not a vehicle collision, such as a theft or severe storm. Collision coverage covers the loss resulting from damage that is a vehicle collision or overturn.

Wholesale physical damage auto coverage programs developed because it is challenging to create a one-size-fits-all program. Pick a program that includes all forms of coverage that you and your business need to hit the road with confidence.