Unfortunately for some, the musical jingles associated with the ice cream truck are a stark reminder of tragedy. Statistics tell the sad tale of too many fatal accidents involving eager children crossing the street to get to the ice cream truck.
While accidents can happen and related insurance serves as financial protection, the situation certainly demands extra vigilance by parents and drivers. Others suggest installation of additional mirrors on the ice cream truck, as well as safety bars to prevent kids from walking into the vehicle’s blind spot, along with other types of safety measures.
From the insurance perspective, these accident deterrents may even lead to discounts on a commercial auto premium – or further discounts on an already reduced commercial auto insurance policy that is bundled with a business owner policy.
Here’s the breakdown on related commercial auto insurance.
Insurance Coverage for Your Ice Cream Truck
- Commercial Auto Liability Insurance
This is always state-mandated coverage that protects you and your business from bodily injury liability resulting from an accident. It also shields your business from property damage liability in regard to other vehicles or other properties.
- Collision Insurance
In the event your ice cream trucks incurs damages as a result of a crash, this coverage will help foot the bill for repair-work. It can also cover the cost of replacement of the vehicle if it is totaled.
- Medical Payments Insurance
This coverage can assist in paying for medical bills in the event you or your someone who works for you is injured in an auto accident while in your ice cream truck.
- Uninsured/Underinsured Motorist Insurance
This type of insurance covers damages to your ice cream truck when involved in an accident that is the other driver’s fault. In the event the at-fault party does not have auto coverage or enough coverage to pay for the damages, this coverage will help pay for the repairs.
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Summary: Insurance for the ice cream truck business explained in easy terms here.