What is Physical Damage Only/Truckers?
Physical Damage Only insurance for truckers is a type of commercial auto coverage that protects your vehicle against specific types of physical loss or damage. It typically includes both collision and comprehensive coverage, safeguarding your truck from accidents, theft, vandalism, fire, and certain weather events. This coverage does not include liability insurance, which is required separately to meet most state and federal operating requirements.
Who Needs It
Owner-operators, motor carriers, and independent truck drivers who own their equipment and are leased onto a motor carrier may need Physical Damage Only insurance. It’s especially important if your truck is financed or leased, as lenders usually require this coverage to protect their investment. Even if you own your truck outright, this coverage can help you recover from costly repairs or total loss scenarios.
What It Typically Covers
- Collision: Damage to your truck from a crash with another vehicle or object, regardless of fault.
- Comprehensive: Non-collision incidents such as theft, vandalism, fire, hail, or falling objects.
- Specified Perils: Some policies may allow you to choose coverage for named risks like fire and theft only.
Common Exclusions and Limitations
This insurance usually does not cover:
- Wear and tear or mechanical breakdowns
- Losses outside the scope of listed perils (for specified perils policies)
- Personal belongings inside the truck
- Damages when the driver is under the influence or commits intentional acts
Review your policy to understand what is and isn’t covered, as exclusions can vary by insurer.
Factors That Influence Cost
Several factors can affect your premium for Physical Damage Only coverage:
- Truck value and age
- Type of cargo typically hauled
- Driving record and experience
- Annual mileage
- Location and operating radius
Custom equipment and trailer coverage may also impact rates.
Proof of Insurance and Compliance
While Physical Damage Only insurance is not a federal requirement, it is often mandated by lenders or leasing companies. Proof of coverage may be required to register your truck or maintain compliance with lease agreements. Keep insurance documents accessible and ensure your policy remains active at all times.
How to Get a Quote
Getting the right Physical Damage Only policy starts with comparing options tailored to your trucking needs. Request a quote today to explore coverage built for your rig and operating style.
Frequently Asked Questions
Does Physical Damage Only insurance include liability coverage?
No, it only covers damage to your own truck. Liability insurance must be purchased separately.
Is Physical Damage insurance required by law?
Not by law, but it may be required by lenders, lessors, or to meet certain contractual obligations.
Can I get coverage for custom parts or equipment?
Yes, many insurers offer optional coverage for customizations and permanently attached equipment.
Will this policy cover damages from theft or vandalism?
Yes, if you have comprehensive coverage, theft and vandalism are usually included.
Do I need this insurance if I own my truck outright?
It’s not required, but it can help you avoid major financial loss if your truck is damaged or totaled.
Still have questions? Talk to a local insurance expert.