Nobody Beats Our Physical Damage Insurance Rates
Don’t overpay for physical damage insurance. Our rates are some of the best out there. Plus, Gap up to $20,000 and Towing to the nearest qualified shop are included in all policies.
What’s Covered?
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.
Our Physical Damage Coverage Is Different
Our physical damage insurance covers losses to an auto or its equipment. It’s available to both owner-operators and fleet owners. Coverage includes damaged caused by collisions or natural disasters. ranges from collision damage to natural disasters such as floods or fires. But unlike most other insurance providers, we include Gap coverage up to $20,000 and Towing charges from a covered loss to the nearest qualified repair shop.
Extended Physical Damage Coverage
Extended coverage is an add-on that protects you from other expenses that happen 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.
Drivers Come for Our Price.
They Stay for Our Service.
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.