Physical Damage
Physical damage insurance covers damage to your truck, trailer or equipment, on or off the road.
What Is Physical Damage?
Physical Damage Insurance covers losses to a covered auto or its equipment. It’s available to both owner-operators and fleet owners. Coverage ranges from collision damage to natural disasters such as floods or fires. Towing and Gap are also included.
Collision
Includes damage resulting from hitting something or from something hitting your truck or trailer.
Comprehensive
Coverage from any cause except a covered collision.
Gap
Coverage for any difference between the balance owed and the market value if deemed a total loss, up to $20,000.
Towing
Coverage for towing charges from a covered loss to the nearest qualified repair shop.
Extended Physical Damage Coverage
This add-on coverage provides protection for other expenses that may arise during a covered loss.
Downtime/
Rental
$150 per day/$750 per week with a limit up to $5,000 per loss.
Personal
Effects
Loss to personal property in the truck up to $5,000.
Electronic Equipment
Loss to personal property in the truck up to $5,000.
Tarp, Chains, & Binders
Loss of tarps, chains, and binders used on your trailer up to $500.
Windshield Replacement
One free replacement per 12-month period.
Whether you’re an owner-operator or you own a fleet of trucks, we offer a variety of deductible options and limits to meet your specific agreement and coverage needs.
Request a Quote
Get started today and save on commercial truck insurance by filling out our insurance quote form!
Physical Damage Insurance FAQs
Why do you need physical damage insurance?
There’s no way around it: It’s expensive to repair trucks, let alone replace them. Physical damage insurance coverage can help minimize the financial impact of repairs or replacement after an incident involving a truck, trailer or equipment. This type of coverage adds a layer of protection for your business operation and can keep periods of inactivity to a minimum.
What's the difference between collision and comprehensive coverage?
Physical damage insurance comes in two forms: collision and comprehensive. Collision covers damage to a truck that resulted from a collision with another vehicle or object. Comprehensive covers damage that occurred in incidents that aren’t collisions. For example, if a fleet has comprehensive coverage, then they’re protected against damage due to natural disasters, theft, vandalism or hitting an animal.
Do you need add-on coverage?
While add-on coverage is optional, it’s often a smart investment. At Ten Four Truck Insurance, our extended physical damage coverage offers a range of additional protection, such as for downtime/rental, personal property in the truck, electronic equipment, and more.
What doesn't physical damage insurance cover?
Physical damage insurance will not cover the following:
- Wear and tear
- Mechanical breakdowns
- Cargo loss or damage
- Bodily injury or property damage
Will physical damage insurance pay what I still owe on the truck?
Yes, in most cases. Physical damage coverage is typically required by finance companies (lienholders) and pays the market value of your truck at the time of a covered loss. Sometimes the market value may be higher than your loan balance, but if it is lower, you could still owe money on your loan.
That’s why Ten Four Truck Insurance automatically includes GAP coverage with every physical damage policy. GAP coverage protects you by paying the difference between what you still owe and the truck’s market value—up to $20,000—if the truck is declared a total loss. As long as your loan balance is within $20,000 of the truck’s insured value, you’re covered.
We also offer additional GAP options of $35,000 and $50,000.
👉 Read our blog post on what physical damage pays for more details.
Physical Damage Coverage Protects Owner-Operators & Fleet Owners

Downtime can hit the bottom line — hard. Physical damage coverage can lessen the blow.
By having physical damage insurance, owner-operators and fleets are better prepared to cover the cost of repairs and replacements due to collisions or other covered causes of damage. This means trucks return from the shop repaired or get replaced much faster, which keeps the business rolling.
Plus, our customers know that the Ten Four Truck Insurance team answers the call and gets to work right away. The entire process is handled in-house without any third parties.
We’re committed to Real People. Real Savings. Real Fast.