Physical Damage Coverage for Commercial Trucks

Protecting Your Trucks from Accidents & Perils

Commercial truck physical damage insurance helps pay to repair or replace your own tractor or trailer after a covered loss. Unlike liability—which pays others—this coverage addresses your rig when collision, fire, theft, vandalism, hail, or animal strikes occur on routes across Cabot, Little Rock, Conway, and the I-40 corridor. Lenders usually require it for financed trucks, and many small fleets in Central Arkansas keep it year-round to protect cash flow. If you’re comparing coverages, remember that commercial auto liability handles injuries or damage you cause to others, while motor truck cargo addresses the load itself as part of your broader commercial trucking insurance program.

Coverage Components & Options

• Collision coverage. Pays for damage when your truck hits—or is hit by—another vehicle or object, or overturns.
• Comprehensive coverage. Pays for non-collision losses, including theft, fire, vandalism, hail, falling objects, or hitting an animal.
• Specified perils. In some programs, a named-perils alternative that can trim cost for certain operations.
• Deductibles & valuation. Choose deductibles that fit your tolerance for risk; higher deductibles usually mean lower premiums. For valuation, align Actual Cash Value vs. Stated Amount with real-world market pricing so claims pay as expected.
  

Why Physical Damage Coverage Matters

Rigs are major investments. A single rollover, engine-compartment fire, or theft can sideline your business. Even owner-operators with paid-off trucks in Cabot or Jacksonville rely on physical damage coverage to avoid out-of-pocket hits that can reach five figures. Ask about helpful add-ons some carriers offer—like downtime coverage or rental reimbursement—so you can keep loads moving while repairs are underway.

Cost Factors & Saving Tips

Premiums reflect truck value, garaging location, operating radius (local, regional, long-haul), driver MVRs, loss history, and security features. Anti-theft devices, telematics, and solid maintenance records can help. Bundling with liability or optimizing deductibles may also reduce cost for Arkansas small fleets.