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New Jersey Dump Truck InsuranceBODILY INJURY/PROPERTY DAMAGE COVERAGE (BI/PD) 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, provided the loss meets the no-fault threshold. 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. Property Damage Liability provides coverage in the event a covered Dump Truck causes damage to any property and the insured is considered atfault for the accident. It also covers legal defense costs related to claims against covered damages. Available Limits: 15/30/5 50/100/25 35 CSL 500 CSL 25/50/10 100/300/50 100 CSL 750 CSL 25/100/10 250/500/100 300 CSL 1,000 CSL Rules:
UNINSURED/UNDERINSURED MOTORISTS AND UNINSURED/UNDERINSURED MOTORISTS PROPERTY DAMAGE (UM/UIM & UM/UIM PD) UM/UIM is a policy level coverage that 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 Limits: 15/30 25/100 100/300 35 CSL 300 CSL 750 CSL 25/50 50/100 250/500 100 CSL 500 CSL 1,000 CSL Rules: • UM/UIM is available as Limitation on Lawsuit or No Limitation on Lawsuit. • If purchased, must be included on all power vehicles where BI/PD or Non-Truck is written. • Limits cannot exceed BI/PD limits or Non-Truck limits. • Coverage can be rejected, provided the appropriate block on the application is signed. • This is a policy level coverage. • UM/UIM BI is available as Limitation on Lawsuit or No Limitation on Lawsuit for individuals and sole proprietors only. Partnerships or corporations must select No Limitation on Lawsuit. UM/UIM PD provides coverage in the event an insured Dump Truck is damaged by an underinsured motorist who is considered at-fault for the accident. Available Limits: 5 25 100 35 CSL 300 CSL 750 CSL 10 50 100 CSL 500 CSL 1,000 CSL Available Deductible: 500 Rules: • Can only be written when UM/UIM BI has been purchased. • Limits cannot exceed PD limits. • Limits may be lower than PD limits, or coverage can be rejected entirely, provided the insured signs the appropriate block on the application. • Limits must be the same on all eligible vehicles of a multi-Dump Truck policy. MEDICAL PAYMENTS COVERAGE This coverage is optional. Available Limits: 500 1,000 2,000 5,000 10,000 25,000 Rules: • Is available on power driven vehicles only. • Can only be written in conjunction with BI/PD or Non-Truck. • Limits must be the same on all covered vehicles of a multi-Dump Truck risk. • Is available per person. • Cannot be selected in conjunction with Medical Expense on the same Dump Truck. • Not available on certain private passenger vehicles. PERSONAL INJURY PROTECTION (PIP) MEDICAL EXPENSE COVERAGE PIP coverage provides payments for appropriate benefits if an insured, or other persons covered under the policy, is injured in an accident. PIP medical benefits include coverage for the cost of treatment the insured receives from hospitals, doctors and other medical providers. Available Limits: 15,000 50,000 75,000 150,000 250,000 (Statutory) Deductibles: 250 500 1,000 2,000 2,500 Rules: • Can only be written in conjunction with BI/PD. • Limits must be the same on all eligible vehicles of a multi-Dump Truck policy. • Cannot be written in conjunction with Medical Payments on the same Dump Truck. • Limits lower than $250,000 are not available when the organization type is Partnership or Corporation. • Mandatory for certain private passenger vehicles. • Not available on large truck body types. EXTENDED MEDICAL EXPENSE BENEFIT Available Limits: 1,000 10,000 (Individual/Sole Proprietors only) Rules: • Limit of $1,000 is offered at no cost to named insureds that purchase Medical Expense. • Mandatory for certain private passenger vehicles. • Not available on large truck body types. PERSONAL INJURY PROTECTION (PIP) NON-MEDICAL COVERAGE PIP disability benefits (Income Loss and Essential Services) provide reimbursement for certain expenses that result from injuries, such as lost wages or any reasonable expenses incurred in obtaining services from others during a period of disability. PIP death benefits (Death Benefit and Funeral Benefit) are payable if an insured dies because of bodily injury sustained in an accident. Rules: • Limits must be the same on all covered vehicles. • All non-medical coverages require Medical Expenses. • Individual/Sole Proprietors have the option to decline the coverage or increase their limits to the maximum. • Optional for certain private passenger vehicles that have PIP. • Not available on large truck body types. • Only base limits are available to partnerships and corporations. May be selected to apply to the: 1. named insured and spouse only, or 2. named insured, spouse and resident relatives 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: 100 150 250 500 750 1,000 1,500 2,000 2,500 5,000 Rules: • Comprehensive or Fire and Theft with CAC can be purchased without Collision coverage, as long as BI/PD is also purchased. • Physical Damage Only policies can be written. The limit of liability and rate are based upon a Dump Truck’s Stated Amount (not cost new). The Stated Amount on a Dump Trucks Insurance.com policy should reflect a Dump Truck’s current retail value including any special or permanently attached equipment. 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 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, trucks.com and pricedigests.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. Dump Trucks Insurance.com encourage you to regularly review the values of any insured vehicles and modify Stated Amounts accordingly. Unlike personal auto, the commercial auto market is very dynamic. 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, utility vehicles or trailers valued over $125,000 must be submitted for approval. • Trucks, buses or motor homes 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 New Jersey dump truck insurance in the following places and others...
: Newark, Jersey City, Paterson, Elizabeth, Edison, Toms River, Trenton, Camden, Clifton, East Orange, Passaic, Union City, Bayonne, Irvington, Vineland, Union, Wayne, New Brunswick, Plainfield, Bloomfield, Perth Amboy, East Brunswick, West New York, West Orange, Hackensack, Atlantic City, Kearny, Sayreville, Linden, Teaneck, Montclair, Hoboken, North Brunswick Township, Lakewood, Belleville, Pennsauken, Ewing, Fort Lee, Orange, Fair Lawn, Long Branch, Garfield, Westfield, Livingston, Nutley, Millville, Rahway, Mercerville-Hamilton Square, West Milford, Bergenfield, Englewood, Paramus, Ridgewood, Lodi, Maplewood, Somerset, Cliffside Park, Old Bridge, Bridgeton, Scotch Plains, Cranford, South Plainfield, Hillside, Roselle, Summit, North Plainfield, Carteret, Millburn, Lyndhurst, Point Pleasant|
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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