Xinsurance Commercial Truck Products Review

Xinsurance provides customized and specialized liability coverage for businesses, homeowners and employers. Their policies cover incidents that conventional policies won’t cover. Customers have the option of customizing their coverage, limits, premiums and deductibles to find the perfect plan for their protection.

About EIB Direct (Evolution Insurance Brokers)

Xinsurance is a DBA and marketing entity of EIB Direct (Evolution Insurance Brokers, LLC).

The company has four offices in the US:

• Sandy, UT
• Chicago, IL
• Naples, FL
• Exton, PA

The company’s underwriting team has more than four decades of experience.

In addition to providing protection that conventional insurance policies don’t typically cover, Xinsurance also specializes in providing businesses and individuals with the coverage they need when other insurers deem them too risky.

Xinsurance serves all 50 states and provides all coverage under one policy. The company makes it easy to file claims online, and individuals can purchase policies directly. While customers are free to use an agent, it’s not necessary to use one to purchase a policy through Xinsurance.

Anyone interested in purchasing a policy from Xinsurance can fill out a form online to receive a free quote.

Xinsurance Trucking Insurance Options

Xinsurance provides primary, excess and umbrella coverage with limits up to $10 million and with no exclusions. Customers have the option of customizing their coverage and can include exclusions that exist in their other insurance policies.

Trucking operations often turn to Xinsurance to secure their coverage because of their flexibility and customizability.

In addition to the specialized coverage option for commercial trucks, Xinsurance also offers true umbrella policies to extend coverage limits and provide protection against extenuating circumstances.

Xinsurance’s commercial truck insurance coverage includes:

Commercial Auto Liability

Commercial auto liability protects your trucking business from lawsuits if you or an employee are responsible for damage or injury to a third party. Without adequate auto liability protection, your trucking company will have to pay for these damages out of pocket.

Your business needs to have commercial auto liability if:

• The business owns, rents or leases vehicles
• Employees drive vehicles that are owned, leased or rented by the business
• Employees are required to use their own personal vehicles for business
• Employees or owners drive company cars for personal and business use

Additionally, most states will require you to have a certain level of commercial auto liability insurance to operate.

Motor Truck Cargo

Lost or damaged cargo can cost your trucking company a lot of money. Xinsurance’s motor truck cargo coverage will cover these costs if any cargo you’re hauling is damaged or lost. Many restrictions apply to these types of policies, but Xinsurance can work with you to ensure that you’re covered.

Physical Damage to Your Auto

Xinsurance’s Physical Damage to Your Auto policy offers three options for coverage:

• Specified cause of loss
• Comprehensive
• Collision

Comprehensive will cover damage that is caused by fire, theft, vandalism and other accidents not involving a collision with another vehicle or object.

Comprehensive and collision work together to protect your trucks against direct collisions and acts of nature.

Hired Auto Policy

Xinsurance’s hired auto policy provides liability protection for vehicles that you “hire” and do not own (lease, rent, etc.). This policy supplements your general liability policy and will provide coverage for:

• Property damage
• Bodily injury

A hired auto policy, however, does not provide coverage for collision damage.

Xinsurance can also provide a non-hired auto policy, which will extend coverage to personal vehicles owned by your employees and not the business itself.

Both hired and non-hired auto policies are supplements to general liability policies.

Trailer Interchange

Truckers often use trailers that are owned by someone else. If you pick up a trailer from a customer and it is damaged in-route, you can be held liable for these damages. With trailer interchange insurance, you or your employees would have insurance coverage for these occurrences.

Additionally, you’ll need to provide one of the following to use the trailer:

• Written trailer interchange agreement
• Written equipment interchange agreement

If you use a third-parties trailer, trailer interchange coverage reduces your risk of liabilities when on the road.

Contingent Auto Liability Policy

If you own vehicles that you lease out to others, a contingent auto liability policy is a must-have. Contingent auto policies are important to have because even if a vehicle is leased to someone else, you remain the legal owner of the vehicle.

Your company may be named in a lawsuit even if you lease the vehicle out and have nothing to do with the accident.

In this scenario, a contingent auto liability policy through Xinsurance would protect your business and livelihood. These policies are drafted to protect against claims of:

• Bodily injury
• Property damage

For example, let’s assume that you have a vehicle that you rent out to a long-term customer who also provides you with a certificate of insurance. If the customer is in an accident and a lawsuit is filed, it’s possible that their insurance limit is too low.

In this case, the third party may name you in the suit to ensure that they’re made whole again.

Contingent auto liability insurance would cover these instances, helping your business absorb these unexpected costs.

Waste Haulers Insurance Coverage

Xinsurance aims to cover liabilities insurance for owner-operator businesses of all kinds. Over 254 million tons of waste are produced annually in the United States. Waste haulers ensure that this waste ends up in recycling centers and garbage dumps.

Garbage collection is a massive business, with over 16,000 companies offering this service in the US.

Coverage wrapped into a waste haulers insurance policy may include all or a combination of the following:

• Commercial auto
• General liability
• Individual liability
• Equipment rental liability
• Property coverage
• Physical damage
• Rented and non-owned vehicles
• Much more

Xinsurance works to provide coverage to haulers even if they’ve been canceled in the past.

EIB Direct and Xinsurance offer your commercial trucking fleet peace of mind that you can operate with minimal risks. If you have a mishap, accident or liability claim against your business, Xinsurance will offer you coverage to handle claims while maintaining operations.