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Dump Truck Insurance in OregonBodily Injury/Property Damage Coverage (BI/PD) Available Limits: 25/50/10 250/500/100 300 CSL 750 CSL 50/100/25 100 CSL 500 CSL 1000 CSL 100/300/50 Rules: • The BI/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. • Limits of 750 CSL and 1,000 CSL are not available if any driver does not meet our qualifications based on driving record. Uninsured Motorists Coverage Rules: • Limits may be lower than BI/PD limits, or coverage may be rejected entirely, provided the customer signs the appropriate block on the application. • Limits cannot exceed BI/PD limits or Non-Truck limits. • Limits must be the same for each Dump Truck of a multi-Dump Truck risk. • Is available on motorized vehicles only. • UMPD is optional and may be rejected provided the insured signs the appropriate block on the application. Physical Damage Coverage Available Deductibles: 100 500 2,500 250 1,000 5,000 Dump Trucks Insurance.com write Collision and either Comprehensive or Fire and Theft with Combined Additional Coverages. The limit of liability and rate are based on the Dump Truck’s stated amount (not cost new). This method more accurately captures the value of vehicles which have been modified with additional equipment. Dump Trucks Insurance.com encourage you to review the value of insured vehicles and modify stated amounts annually. Dump Trucks Insurance.com does not automatically depreciate stated amounts. Rules: • Total stated amount is current retail value of a Dump Truck plus permanently attached custom parts and equipment. Vehicles with custom parts or equipment valued at more than 50% of the Dump Truck’s total value (Dump Truck plus equipment) are unacceptable for physical damage coverage. • 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. Possible resources for determining a correct Stated Amount: • Lending/Financial Institutions • Manufacturers • Dealerships • Market Valuation Publications & Internet Sites Dump Trucks Insurance.com does not have any affiliation with the above Stated Amount resources. The Stated Amount listed on a policy is NOT an agreed amount and is subject to review upon servicing a claim. • A minimum value of $5,000 will apply for rating purposes. This minimum does not apply to trailers. • Trucks with a stated amount over $150,000 must be submitted for approval. • Private passenger type vehicles with a stated amount over $100,000 must be submitted for approval. • Comprehensive coverage is not available for all Dump Truck types. Fire and Theft with Combined Additional Coverages (specified perils) will be written where Comprehensive is not available. • Comprehensive or Fire and Theft with Combined Additional Coverages can be purchased without Collision coverage, as long as BI/PD is also purchased. • Physical Damage Only policies can be written. Trailer Interchange Available Limits: 15,000 20,000 30,000 40,000 Available Deductibles: 1,000 2,000 |