Trucking: Gap Insurance

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Trucking: Gap Insurance Coverage

Gap insurance generally protects owners who lease out their trucks that end up being stolen or totaled beyond repair in an accident. It can cover the gap in the truck's current market value and how much is owed to pay it off,

What Types of Businesses Should Consider Gap Insurance Insurance?

Truck owners who owe more than a truck’s value, should it get into a serious accident, can benefit from purchasing gap insurance,

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Something many businesses don't know is that commercial insurance carriers have preferences for which types of businesses they insure.

The problem for most business owners is that they don't know which carrier is the best fit for their business, leading to high premiums or declined applications for coverage .

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