Bobtail insurance, commonly known as “bobtailing” covers you and your semi-truck for bodily injury and property damage when you’re not hauling a trailer or other load. This usually occurs when an owner/operator is outside the scope of his lease agreement with the motor carrier.
Coverage that protects a motor carrier should an independent contractor claim to be an employee and tries to collect workers’ compensation from your policy. Contingent liability insurance helps you defend your lease agreement, and covers reimbursements should the worker win his settlement. Remember, contingent auto liability policy typically protects only the lessor, the owner of the vehicle.
Motor Truck Cargo Legal Liability Insurance, more commonly referred to as “Cargo Insurance,” covers losses or damage to the commodities the trucker is hauling while they are being transported. It covers your liability for cargo that is lost or damaged due to causes such as fire, collision, or striking of a load.