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Florida Dump Truck InsuranceRESIDUAL BODILY INJURY/PROPERTY DAMAGE COVERAGE (RBI/PD) Residual Bodily Injury Liability provides coverage in the event a covered Dump Truck causes injury or death to another person and the insured is considered at-fault for the accident. It covers expenses related to medical costs, lost wages, sickness, death and pain and suffering for an injured third party. It also covers legal defense costs related to claims against covered damages. See the policy for full details. Property Damage Liability provides coverage in the event a covered Dump Truck causes damage to any property and the insured is considered at-fault for the accident. It also covers legal defense costs related to claims against covered damages. Available Limits: 10/20/10 50 CSL 500 CSL 25/50/25 100 CSL 750 CSL 100/25 300 CSL 1,000 CSL 100/300/50 250/500/100 Florida Statute 627.7415 mandates that commercial vehicles that are property carriers only (not passenger carriers) and meet the weight criteria listed below carry the following minimum liability limits: Gross Dump Truck Weight Limit 26,000 - 34,999 lbs. 100/300/50 or 50 CSL 35,000 - 43,999 lbs. 250/500/100 or 100 CSL 44,000 lbs. and up 300 CSL Rules: • The RBI/PD limits must be the same for all vehicles on the policy. Dump Trucks Insurance.com will not write multiple policies for the same named insured. PROPERTY DAMAGE ONLY COVERAGE Available Limit: $10,000 per occurrence Rules: • If Property Damage Only coverage is selected, PIP coverage must also be selected. • Property Damage Only and PIP coverages cannot be selected on any body type with gross Dump Truck weight of 26,000 lbs. or more. UNINSURED MOTORISTS COVERAGE (UM) UM provides coverage for damages which an insured is legally entitled to recover from another party who is considered at-fault for an accident, but is uninsured or underinsured for the level of damages. Available UM Limits: 10/20 100/300 50 CSL 500 CSL 25/50 250/500 100 CSL 750 CSL 50/100 300 CSL 1,000 CSL Rules: • Can only be written in conjunction with RBI/PD or Non-Truck. • Limits cannot exceed RBI/PD or Non-Truck limits. • Limits may be lower than RBI/PD or Non-Truck limits, provided the customer signs the appropriate block on the application. • Limits must be the same for each power unit of a multi-Dump Truck risk. • If non-stacked coverage is desired by an individual, the applicant must complete and sign the appropriate block on the application. • Stacked coverage is not available for partnerships and corporations. PHYSICAL DAMAGE COVERAGE Collision provides coverage in the event of a loss or damage to an insured Dump Truck caused by a collision or overturn. Collision must be written with Comprehensive or Fire & Theft with CAC. Comprehensive provides coverage in the event of a loss or damage to an insured Dump Truck caused by incidents other than a collision. This includes damages due to fire, theft, vandalism, windstorm or contact with an animal. Fire and Theft with Combined Additional Coverages provides coverage in the event of a loss or damage to an insured Dump Truck caused by a specific occurrence. The damage or loss must be caused by: fire, lightning or explosion; theft; windstorms or hail; earthquakes; flood or rising waters; vandalism; while being transported by a third party; or by a collision with an animal. Available Deductibles: 100 250 500 1,000 2,500 5,000 Rules: • Eligibility for Comprehensive coverage is determined by Dump Truck type • Comprehensive or Fire and Theft with CAC can be purchased without Collision coverage, as long as RBI/PD is also purchased. • Physical Damage Only policies can be written. Dump Trucks Insurance.com allow an Unlimited Radius on Physical Damage Only policies. The limit of liability and rate are based upon a Dump Truck’s Stated Amount (not cost new). Using Stated Amount provides a superior value by allowing our insureds to customize their policy to accurately capture a Dump Truck’s true value. The easiest way to establish a Stated Amount is to consult a book or other publication. Other possibilities include consulting with a dealer/manufacturer or checking Internet sites. When determining Stated Amount, remember to take condition, mileage and location into consideration. Also consider any Dump Truck upgrades, engine or major component rebuilds that could further increase a Dump Truck’s value. Possible resources include: • Valuation Publications & Internet Sites - Truck Blue Book, truckpaper.com, tradeonline.com • Dealerships - What is the current retail value of the Dump Truck? • Manufacturers - What is the special or permanently attached equipment worth? • Lending/Financial Institutions - What is the current Blue Book value of the Dump Truck? • Market-Value Software - N.A.D.A. (possible fee involved for the software) A Stated Amount must be maintained to remain accurate. Each time a policy term renews, you should review the values of all insured vehicles and modify stated amounts as needed to ensure they remain accurate. Dump Trucks Insurance.com does not automatically depreciate Stated Amount. Rules for Stated Amount: • A minimum value of $5,000 will apply for rating purposes. (This minimum does not apply to trailers.) • Passenger autos, pickups, vans or utility vehicles valued over $125,000 must be submitted for approval. • Trucks, buses, motor homes or trailers valued over $200,000 must be submitted for approval. • The customer is responsible for determining the appropriate amount of coverage. In the event of a loss, our policy pays the least of the stated amount, actual cash value, or cost to repair or replace. |
We offer Florida dump truck insurance in the following places and others...
: Jacksonville, Miami, Tampa, St. Petersburg, Hialeah, Orlando, Fort Lauderdale, Tallahassee, Hollywood, Pembroke Pines, Coral Springs, Clearwater, Cape Coral, Gainesville, Port St. Lucie, Miami Beach, Sunrise, Plantation, West Palm Beach, Palm Bay, Lakeland, Pompano Beach, Brandon, Davie, Kendall, Boca Raton, Miramar, Town 'n' Country, Melbourne, Deltona, Largo, Spring Hill, Deerfield Beach, Daytona Beach, Boynton Beach, Delray Beach, North Miami, Fountainbleau, Carol City, Palm Harbor, Lauderhill, Kendale Lakes, Pensacola, Tamarac, Tamiami, Margate, Sarasota, Bradenton, Weston, Fort Myers, Kissimmee, The Hammocks, Port Charlotte, Ocala, Port Orange, Pinellas Park, Coconut Creek, Coral Gables, Pine Hills, Altamonte Springs, North Miami Beach, Titusville, North Fort Myers, Jupiter, Sanford, Wellington, Kendall West, Fort Pierce, Panama City, Country Club|
The coverages above do not represent all coverages available in each state or a full discription of services we offer. They are intended to only give an example of some of the coverages we offer.
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