Proof of insurance is the documentation that shows you’re covered by an auto liability policy that meets your state’s minimum requirements.
The proof may be presented as a little card that your insurance company sends you, or it can be shown digitally through the phone. The proof may also be in an insurance binder – a temporary measure until you get the official proof of insurance.
The proof of insurance will claim the insured’s name and address; it won’t list your name if you are not in charge of the policy. Thus, make sure you are covered as a driver for your semi-truck insurance benefits.
Furthermore, the vehicle’s year and make will also be on your proof of insurance. It will also include the renewal dates, the name of the insurance company, and the insurance policy number.
Proof of insurance is mostly mailed to you in the same package of your insurance declaration along with other information. It can also be acquired from the insurance company’s website if you want a soft copy.
Proof of insurance for a semi-truck is normally checked by law enforcement. The police check your paperwork if you are pulled over, and the DMV checks it whenever your rig has to get its registration renewed.
A claimant may ask for your insurance if caught in an accident, as well the insurance company.
Insurance companies usually give two copies of proof of insurance per vehicle. One is to be kept in the vehicle at all times, while the other one is to be sent to the Secretary of State. It is also recommended that you keep additional copies in case the original one is misplaced.
Proof of insurance is an important document that needs to be in the vehicle at all times, especially when you are on the road. However, if you have lost your proof of insurance, then you immediately need to call your insurance agent or get the electronic copy printed.
Nowadays, proof of insurance can be mailed, faxed, and sent again to give you access immediately so that you can always remain protected.
Proof of insurance is issued for every insured, which means every vehicle on the insurance policy. Remember that if the vehicle is insured and not the driver, you may have certain liabilities. Vehicles in storage or those that have been towed do not generally get issued proofs of insurance.
Furthermore, remind your team to avoid accidents as much as possible to keep premiums down. If you still have any queries, contact an insurance company that can arrange semi-truck insurance for your vehicles.