There are many risks on the road. Physical damage insurance protects your vehicle against loss or damage resulting from an accident with another vehicle or object. This type of insurance is important for motor carriers and owner operators and in many instances required, based on if there is a lien holder.
Why do you need it?
If you are a small business owner with limited capital, a large auto repair bill or, in the worst case, a totaled car, can be a tough pill to swallow. Physical Damage Coverage can ensure that you are protected from the costs it will take to repair or replace your vehicle.