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Missouri Earthquake Insurance  |  Are You At Risk?

Missouri Department of Insurance Recommends

Homeowners To Consider Buying Earthquake Coverage

 

Missouri Earthquake Insurance | Alternatives Insurance of Chesterfield | (636) 449-1213

According to an article published by the Missouri Department of Insurance, Financial Institutions & Professional Registration, many Missourians are having trouble getting Missouri Earthquake Insurance Coverage. Recent insurance data demonstrates that southeast Missouri is experiencing an insurance coverage crisis.

Click here to read the full article on Department of Insurance Website.

Contact Alternatives Insurance of Chesterfield today for a free insurance review and we’ll help you determine if you qualify for Missouri Earthquake Insurance.

Check Out the earthquake preparedness videos created by Missouri school children!

 

Helpful Resources:

http://www.nehrp.gov/library/plan_prepare.htm

http://www.fema.gov

http://earthquake.usgs.gov

http://www.ready.gov/kit

http://dnr.mo.gov/geology/geosrv/earthquakes.htm

http://www.redcross.org

http://www.nhc.noaa.gov

http://www.eas.slu.edu/Earthquake_Center


Alternatives Insurance of Chesterfield is a full service Independent Insurance Agency representing many of Missouri’s premier personal and commercial insurance carriers. We assess risks and shop for companies to find the best coverage for the lowest price. With a combined experience of over 60 years in the Chesterfield Missouri insurance industry, our agents are knowledgeable and competent specializing in auto, home, renters, boat, motorcycle, business automobile, workers compensation, and general liability.

We serve all of Saint Louis and Jefferson counties including Chesterfield, High Ridge, Arnold, Imperial, Valley Park, Ballwin, Eureka, Pacific, House Springs, Hillsboro, Sunset Hills and St. Clair. Our professional insurance agents at Alternatives Insurance of Chesterfield can help you get the best value for your Missouri insurance needs.

The Missouri Department of Insurance, Financial Institutions and Professional Registration (DIFP) is responsible for consumer protection through the regulation of financial industries and professionals. The department’s seven divisions work to enforce state regulations both efficiently and effectively while encouraging a competitive environment for industries and professions to ensure consumers have access to quality products.

 

Tow Truck Insurance Chesterfield Missouri

Alternatives Insurance of Chesterfield — Your Towing Insurance Experts!

Tow Truck Insurance Chesterfield Missouri | Alternatives Insurance of Chesterfield | (636) 449-1213STOP SEARCHING for Tow Truck Insurance Chesterfield Missouri! Alternatives Insurance of Chesterfield has agents who specialize in Transportation Insurance Services, and they know almost as much about your business as you do.  Our agents have relationships with many Missouri Transportation Insurance Carriers, which allows us to shop Towing insurance for you and customize your policy to meet your needs.

Tow truck owners who do not carry insurance are taking a huge risk.  If you are involved in an accident and the vehicle you are towing skids into another vehicle, you would be responsible for paying medical expenses and property damages related to the accident. Accidents Happen and That is Why it is SO Important to Protect Your Livelihood.

Bodily Injury and Property Damage Coverages are standard forms of liability insurance that all motor vehicle owners are required to carry by Missouri law. Tow truck service companies and individual owner operators MUST carry tow truck insurance. Failure to keep the minimum insurance requirements on your tow truck could result in fines and/or you could have your commercial driver’s license suspended. Additionally, you could be responsible for property and bodily injury damages that exceed the amount of insurance your policy will pay.

The Basic Commercial Auto Coverages include the following:

  1. Bodily Injury protects you in case you cause an accident in which another person is injured. It covers the damages that you’re legally responsible for, and provides a legal defense if someone sues you for damages.
  2. Property Damage covers your legal responsibility for damages to the property of others caused by collision with your car. In an accident, the “property of others” is usually another car, but it also covers damage to public and private property such as road signs, bridges or buildings, up to the limits written into the policy.
  3. Fire and Theft Coverage provides protection for your vehicle in case it is damaged by specific, non-collision incidents. Specific circumstances include fire, theft, windstorm or hail, earthquake, lightning, flood, vandalism and collision with an animal.
  4. Collision and Comprehensive Coverage insurance protects you if your tow truck is damaged due to a non-auto accident related event. Comprehensive insurance, as well as fire and theft insurance, would protect you if your tow truck was stolen or damaged due to a fire.
  5. Uninsured/Underinsured Motorist Coverage protects you in the event that you or your tow truck incur damages caused by another driver who did not have enough, or any, auto insurance to cover the damages that were made to you or to your tow truck.

Our agents will work directly with a variety of tow truck service companies who are required to carry Tow Truck Insurance Chesterfield Missouri.  These tow truck service providers include:

  • Auto Salvage Companies
  • Auto Club Contractors
  • Rotational Towing
  • Auto Repair Shops
  • Auto Body Shops
  • Car Dealerships
  • Police Towing and Impound Lots
  • And More! – Give us a call and ask!

Be Aware That Not All Tow Truck Insurance is the Same!

Missouri tow truck insurance coverage options vary among Insurance Carriers, so it is important that you work with a licensed agent that represents multiple, top-rated Transportation Insurance Companies.  With access to multiple carriers, Alternatives Insurance of Chesterfield can customize your Business Auto and Legal Liability policies to fit your Towing Service business needs.

Just a Few of the Tow Truck Insurance Options Include:

On-Hook Towing InsuranceTow Truck Insurance Chesterfield Missouri | Alternatives Insurance of Chesterfield | (636) 449-1213

This coverage will help pay for damages to vehicles you are towing.  The on-hook coverage is generally provided by the garage keepers’ legal liability (GKLL) endorsement (see below). The GKLL limit is a blanket limit that applies to all towing vehicles on the policy.

Garage Keepers Legal Liability Insurance

This will cover vehicles you are storing for clients.  The GLL insurance is usually provided as an automatic endorsement that is added to the Business Auto coverage. This liability coverage covers loss of, or physical damage to vehicles being towed, and while in your care, custody, or control and is designed for towing and wrecker service businesses.  As mentioned above, the on-hook coverage of garage keepers’ legal liability insurance provides coverage for a non-owned vehicle that you are towing.

Miscellaneous Property Floater

A miscellaneous property floater covers your business personal property that is in transit such as tools and other cargo that you have in your tow truck. This coverage will protect against risks of direct physical loss or damage to your scheduled covered property.

Tow Truck Insurance Chesterfield Missouri | Alternatives Insurance of Chesterfield | (636) 449-1213Motor Truck Cargo Insurance

Motor Truck Cargo insurance is provided via an endorsement to insure items other than motor vehicles licensed for road use.  This coverage provides legal liability for towing companies while transporting property (cargo) of others.  Since the towing operator is seen as a common carrier, they are responsible for the safe delivery of the goods they are transporting (customer’s vehicles and the contents of the vehicle), and thus owe a very high degree of care to their customer.

Business Income & Extra Expense Insurance

Business income insurance & expense coverages will reimburse your towing business for loss of income and profits if your property is damaged from a covered peril and out-of-service.  The coverage continues until the property can be restored or replaced, or until the limit has been reached. The extra expense coverage includes extra expenses that business must make during the time of loss such as rent, mortgage payments, taxes, and utility services.

Tow Truck Commercial Auto Insurance Filings

Alternatives Insurance of Chesterfield agents go above and beyond just insurance – we help our clients understand the options available to protect their investment.  Because the transportation industry requires different trucking operations to file different documentation, our agents are here to help our clients with the State and Federal Transportation Insurance Filing Forms including those listed below.

Federal Truck Filings

BMC-32 filing

BMC-34 filingTow Truck Insurance Chesterfield Missouri | Alternatives Insurance of Chesterfield | (636) 449-1213

BMC-91 and BMC-91X filing

MCS-90 form

Intrastate Truck Filings

Form E filing

Form F filing

Form H filing

Form K filing

Alternatives Insurance of Chesterfield is a supporting member of the Missouri Association of Insurance Agents and committed to the Trusted Choice Pledge.  Our agents will work with you to help you understand your Tow Truck Insurance Chesterfield Missouri options and will review your risks to ensure you are properly protected.  Contact us today for a free evaluation of your current policy.

 

 

Tow Truck Insurance Resources

Tow Truck Insurance Chesterfield Missouri | Alternatives Insurance of Chesterfield | (636) 449-1213

Federal Motor Carrier Safety Administration

www.fmcsa.dot.gov


US Department of Transportation

www.dot.gov


The National Transportation Safety Board

www.ntsb.gov


Directory of State Patrol and State Police

https://www.statetroopersdirectory.com


Missouri State DOTs and MVRs

www.modot.org

www.dor.mo.gov/mvdl

Trucking Insurance Coverages in Chesterfield Missouri

Primary Liability is Required for all Owner-Operator Vehicles

Trucking Insurance Coverages in Chesterfield Missouri | Alternatives Insurance of Chesterfield |   (636) 449-1213Missouri and the Federal Motor Carrier Safety Administration have specific insurance requirements for tractor trailers. Some coverages are required by law, but if you transport cargo for a living, you need Alternatives Insurance of Chesterfield agents to review your Trucking Insurance Coverages in Chesterfield Missouri.

Alternatives Insurance of Chesterfield is a leader in providing all-inclusive programs for Trucking Insurance Coverages in Chesterfield Missouri.  Our licensed agents have more than 60 years combined experience with automobile liability, general liability, physical damage, motor truck cargo, and workers compensation insurance.  As a business owner who relies on transportation for a living, we understand the importance of having the right insurance in place.

Trucking Insurance Coverages in Chesterfield Missouri Include

General Liability Insurance – covers damages to another person resulting from an accident you cause.

  • Bodily Injury and Property Damage Liability
  • Personal Injury and Advertising Injury Liability
  • Medical Payments
  • Products / Completed Operations
  • Damage to Premises Rented to You – Note: Coverage available for 7 days or less

Primary Liability Insurance – covers the damage you might do to other people or property.  Primary Liability Insurance does not cover you or your truck, theft or bodily injury.  Click here to learn about the minimum amount of primary liability insurance that is set by the Federal Motor Carrier Safety Administration.

Trucking Insurance Coverages in Chesterfield Missouri | Alternatives Insurance of Chesterfield |   (636) 449-1213Motor Truck Cargo Coverage – provides insurance on the goods hauled by a For-hire trucker. It covers your liability for cargo that is lost or damaged due to causes such as fire, collision, or striking of a load. If you are in an accident, commercial cargo insurance will pay for destruction or damage to the load that is being carried.

Removal Expense Coverage  – protects you if your load is accidentally dumped on a roadway or waterway. The coverage pays for the cost to remove debris or extract pollutants caused by the debris.

Sue and Labor Coverage  – pays for costs related to preventing further loss to damaged cargo, legal expenses in the defense or settlement of claims.

Earned Freight Coverage – pays for the freight charges the customer loses because of not delivering a load.

Our agents will sit down with you to discuss the different Trucking Insurance Coverages in Chesterfield Missouri and help you determine what best meets your situation.  Additional coverages include:

  • Workers Compensation
  • Trucking Umbrella
  • Physical Damage
  • Trailer Interchange
  • Medical Payments
  • Uninsured Motorist

Because trucking is a unique industry, insurance carriers offer different types of risks.  Our agents have access to multiple carriers that offer exclusive coverages and options to choose from. We can shop your insurance for you and find a company that is competitive with your specific insurance situation.

As your partner in business, Alternatives Insurance of Chesterfield is dedicated to providing you with the right transportation insurance solutions. Whether you are an owner-operator or manage a full fleet,  give us a call for a free consultation on your trucking business. (636) 449-1213

Additional Resources:

Missouri Department of Transportation

Missouri Department of Motor Vehicles

Missouri Trucking Association

Missouri Department of Insurance

Federal Motor Carrier Safety Administration

Missouri Trucking Guide