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Physical Damage Insurance

Physical damage insurance covers your own vehicles and equipment against damage from collisions, theft, fire, vandalism, and natural disasters. Unlike liability insurance which covers other people, physical damage protects your investment. Whether you own a single truck or a fleet of 200, we find the right balance of coverage, deductibles, and premiums to protect your equipment without overpaying.

What's Covered

Comprehensive coverage for theft, fire, vandalism, and weather damage
Collision coverage for accidents regardless of fault
Coverage for trucks, trailers, and attached equipment
Agreed value and actual cash value options
Towing and roadside assistance add-ons
Gap coverage for financed or leased vehicles

Who Needs Physical Damage Insurance?

Physical damage insurance is not federally required, but if you finance or lease your truck, your lender will require it. Even if you own your equipment outright, the cost of replacing a $150,000 truck out of pocket makes physical damage coverage a smart investment. Any owner-operator or fleet owner with valuable equipment should carry it.

Frequently Asked Questions

Collision covers damage from accidents with other vehicles or objects. Comprehensive covers everything else: theft, fire, vandalism, hail, flooding, and animal strikes. Most physical damage policies include both.
Agreed value pays a set amount you and the insurer agree upon, regardless of depreciation. Actual cash value pays the market value at the time of loss, which decreases as your truck ages. Agreed value costs more but eliminates disputes at claim time.
Yes, but trailers are usually listed separately on the policy. Each trailer needs its own coverage. We can also add trailer interchange coverage if you pull trailers owned by others.

Get a Physical Damage Insurance Quote

We compare rates from 30+ carriers to find the best physical damage insurance coverage for your operation.

Get a Free QuoteCall 317-427-5599