Arkansas commercial truck insurance is a type of insurance that provides financial protection for trucking businesses and their drivers against the costs of accidents and other covered events. It is required by law for all commercial vehicles operating in the state of Arkansas.

There are a variety of commercial truck insurance policies available, and the specific coverage that is required will vary depending on the type of truck being operated, the cargo being hauled, and the business's specific needs. However, most commercial truck insurance policies include the following coverages:

  • Commercial auto liability insurance: This coverage protects the business and its drivers against the costs of bodily injury and property damage caused to others in an accident.
  • Motor truck cargo insurance: This coverage protects the business against the costs of lost or damaged cargo.
  • Physical damage insurance: This coverage protects the business against the costs of repairing or replacing a damaged or stolen truck.

In addition to commercial truck insurance, trucking businesses in Arkansas are also required to file certain documents with the Arkansas Insurance Department. These documents include:

  • BMC-34: This form provides proof of cargo liability insurance.
  • BMC-91-X: This form provides proof of public liability insurance, including property damage and bodily injury.
  • Form E: This form certifies that the business's liability insurance complies with Arkansas law.

Trucking businesses can obtain commercial truck insurance from a variety of different insurance companies. It is important to shop around and compare quotes from multiple companies before purchasing a policy.

Here are some additional tips for Arkansas trucking businesses:

  • Review your commercial truck insurance policy regularly to make sure that it meets your current needs.
  • Consider purchasing additional coverages, such as non-trucking liability insurance, on-hook towing insurance, and uninsured motorist insurance.
  • Make sure that your drivers are properly trained and licensed.
  • Maintain your trucks in good condition and have them inspected regularly.
  • Keep accurate records of your business's operations.

By following these tips, Arkansas trucking businesses can help protect themselves from financial losses in the event of an accident or other covered event.

Closing Thought

As a commercial truck driver or trucking business owner in Arkansas, you have a lot of responsibility. You're responsible for your cargo, your vehicle, and the safety of everyone on the road. That's why it's so important to have the right commercial truck insurance. The right insurance policy can protect you from financial losses in the event of an accident or other covered event.

Here are some closing thoughts on commercial truck insurance in Arkansas:

  • Make sure you have the right coverage for your needs. Not all commercial truck insurance policies are created equal. Some policies may provide more coverage than others, and some policies may be more expensive than others. It's important to shop around and compare quotes from multiple companies before purchasing a policy.
  • Keep your insurance policy up to date. Your business needs may change over time, so it's important to review your insurance policy regularly to make sure that it still meets your needs. You may need to increase or decrease your coverage, or you may need to add or remove coverages.
  • Be aware of your state's requirements. Arkansas has specific requirements for commercial truck insurance. Make sure that your policy complies with all applicable state laws.
  • Work with a reputable insurance agent. A good insurance agent can help you choose the right policy for your needs and can answer any questions you have about commercial truck insurance.

By following these tips, you can help to ensure that you have the right commercial truck insurance to protect your business and your drivers.