Physical Damage Insurance:

Physical damage insurance offers safeguarding against losses or damages sustained by your insured vehicle due to accidents involving other vehicles or objects. It holds significant importance for both motor carriers and owner operators, and in many cases, it is mandatory, especially when there is a lien holder involved.

When considering purchasing physical damage insurance coverage, it's essential to understand the different types available:

Collision coverage:

Provides protection for physical damage resulting from collisions with other vehicles or objects.

Comprehensive coverage:

Typically handles incidents that are not collisions, offering repair or replacement coverage for the vehicle. Comprehensive insurance often includes additional features such as theft and fire coverage.