Umbrella Insurance Policy for truck drivers

Well if you're not hauling umbrellas, why would you want umbrella insurance?

 

umbrella insurance is cheap and covers more than trucking.

think, you are walking on ice, slip and while doing that you knock over a woman who breaks her hip.

She sues you.

an umbrella is a good thing here

 

Well, I suspect that if they find out you have a special liability coverage, she will certainly haul you into court or litigation. Otherwise, how much can they really expect to get out of a poor truck driver?

 

Umbrellas are pretty cheap. If it breaks I’d just buy a new one

 

That's why you keep your mouth closed. Don't ever tell anyone how much liability coverage you have.

 

You ask a good question. I can see both sides to having the umbrella policy. Without one, and assuming you are not reckless and the 4-wheeler is trying to convert their inattention into a payday, your umbrella policy might make you a target. That policy is a juicy prize to go after. As a likely broke employee of a "mega rich" company with commercial-level insurance & assets the driver is included just to be able to target the trucking company.

I'd be interested to hear if the typical umbrella policy would cover a driver acting in a commercial/professional capacity or if you'd need a more expensive commercial umbrella policy.

It's a good question. I suspect the answer is to be found from insurance people not us drivers.

 

Lawyers can easily find out where a person's name is listed as "insured" on any type of policy. That's the first thing they do when a potential new case comes before them is run the potential defendant's name to ascertain a rough net worth and any various coverages they may have.