Bucket trucks and other commercial vehicles present unique risks and should be insured on a commercial auto policy. Regardless of what type of use you may have planned for the truck, a commercial auto policy will afford the most appropriate level of coverage for this type of vehicle. There are many coverage options, but you will want to be sure to look into a general liability policy to cover operation of the bucket, or boom, independent of the vehicle.
Things You'll Need
- Description of the vehicle, including its vehicle identification number, or VIN
- Documentation (or at least an idea) of how much the vehicle cost when it was new
- A list of drivers that would have regular access to the vehicle, including their dates of birth and driver's license numbers
Write down the vehicle information that you find on the title or registration. You will need the VIN; the year, make and model of the truck; and the gross vehicle weight. You will also need to be able to tell your agent what the vehicle will be used for.
Determine the appropriate level of coverage for you or your business. Bear in mind that the additional cost to increase liability insurance limits can be relatively affordable. For instance, a $500,000 liability policy may only cost 3 to 5% more than a policy with a $300,000 liability limit. You will also want to consider whether you want comprehensive and collision coverage to protect your truck.
Decide what drivers will be named on your policy. Some companies will adjust the rate based upon the driving history of each named driver, and some will not. Any driver you list needs to meet minimum eligibility requirements for the policy.
Obtain multiple rate quotes. A good independent agent will be able to provide quotes from several competing carriers. Ask whether the policy will provide coverage for other vehicles you may rent or borrow or whether it will only cover vehicles you schedule.
Ask for a quote for a general liability policy that will cover you or your business for liability arising from the use of the boom or bucket while the vehicle is parked. A general liability policy will provide broad protection for your business operations and will cover many types of exposures that are not covered by an auto policy.