Frequently Asked Questions
What type of coverage do I need to get my tags?
You need primary auto liability insurance. Unless you operate with your own authority, your fleet should provide you with this type of coverage. Make sure they give you a liability insurance ID card so you can show it to the tag office. The physical damage and nontrucking liability insurance available through 1st Guard Corporation will not suffice for tag purposes.
Is nontrucking liability insurance the same thing as bobtail insurance?
Technically no, but often people use the terms interchangeably, which adds to the confusion. As a general rule, most permanently leased owner operators carry nontrucking liability insurance. For some reason, however, most people still refer to this coverage as bobtail insurance. In reality true bobtail insurance is not widely available. CCI Underwriters, Inc sells nontrucking liability insurance. We do not provide true bobtail insurance. If your fleet says you need bobtail insurance, ask them if nontrucking liability will be accepted. The answer will generally be yes.
If I’m in an accident what type of coverage would pay to repair my truck?
Physical damage insurance. Many people refer to this coverage as collision insurance.
My trucking company insists that I purchase my physical damage and nontrucking liability insurance through them. Is that proper?
Probably not. Many trucking companies offer truck insurance programs as a savings and convenience to their owner operators. However, this should not preclude you from purchasing your insurance on your own if you so desire. The same holds true with finance companies. You do not have to buy your truck insurance in conjunction with the loan on your truck. Call us if you’re having a problem in this area.
My lienholder wants me to provide proof of coverage.
What type of coverage is he talking about? Physical damage insurance. CCI Underwriters, Inc will fax or e-mail immediate verification of physical damage coverage to all lienholders and finance companies.
Do I still need to carry physical damage insurance if I have paid off the loan on my truck?
No, but we think you should. With the truck free and clear you do not want to risk losing your entire investment if you damage the truck in an accident.
Can I keep my coverage if I change trucking companies?
Usually yes (a few states present problems) and often your rate won’t even change. You must notify us, however, whenever you change companies.
CCI Underwriters, Inc provides the fleet truck insurance program for my trucking company. Can I call you directly if I have questions about my coverage?
Yes. You can always call us directly with any questions about your coverage or premium.
I send a check each month to pay for my physical damage insurance. How can I reduce my insurance costs?
Call us about our new automatic payment options. Most physical damage policies qualify for an additional 15% premium reduction when you choose this payment method.
Your physical damage rates are good but how is your claims service?
We send out a survey form every time we process a claim. The results of recent surveys over the last year show a 98.55% overall satisfaction rating for speed, courtesy, and fair settlements. An overwhelming 99.46% said they would recommend CCI Underwriters, Inc to others based on the claims service they received!
A truck salesman suggested I package my insurance with my truck payment. It seems very convenient. But is this a good idea?
Almost never! Likely you will pay a higher premium and additional interest charges on top of it. Never purchase insurance in conjunction with your truck payment without calling CCI for a quote. Often the dealership is paid a fee for packaging insurance in with your truck loan. Usually it’s a great deal for the salesman, but a bad deal for you.
Are there a lot of scam artist in the truck insurance business?
Unfortunately yes. You have to exercise caution. A lot of people want your money. With insurance if a deal seems to good to be true, it probably is. You can call us if you have any questions about your truck insurance even if you’re not an existing customer. It’s a confusing business. We’re here to help you.