This specialized insurance is designed to protect you from the specific problems that can happen when operating a crane truck. It commonly includes:
- Damage to Your Crane Truck: If your crane or the truck it's mounted on gets damaged in an accident, fire, or is stolen, this coverage pays for the repairs or replacement. This applies to the entire unit – the truck chassis, the crane mechanism, and all attached tools.
- Liability Protection: This is critically important! If your crane truck causes damage to someone else's property (like hitting a building or another vehicle) or if someone gets injured because of your crane operations, liability coverage steps in. It pays for their property damage, medical bills, and legal costs.
- Cargo Being Lifted (Load Coverage): Imagine dropping an expensive piece of equipment or a building material while lifting it. This part of the insurance can cover the cost if the cargo you are lifting is damaged while in your control.
- Operator Error: Accidents can happen even with the most experienced operators. This coverage helps when an operator's mistake leads to damage or injury.
- Downtime & Business Interruption: If your crane truck is out of action due to a covered event, some policies can even help cover the money your business loses while the truck is being repaired.