What is a "3 Head" policy, and how does it work ?
A "3-head" policy is a type of coverage specific to the transportation industry, mainly used for commercial trucks. It gets its name from the fact that it covers three distinct aspects under a single policy :
- Commercial automobile insurance
- Third-party liability: Covers damage you may cause to others (bodily injury or property damage) while operating your vehicle.
- Vehicle Damage: This policy protects your vehicle against damage, whether caused by collision or other causes (theft, vandalism, etc.).
- Cargo insurance: Covers the goods you transport against loss or damage during transit.
- Commercial General Liability insurance: Protects your business against the financial consequences of harm inflicted on a third party. In other words, if your company is responsible for an accident or incident that results in injury, property damage or consequential loss to another person, this insurance covers the associated costs.
L'avantage principal d'une police "3 têtes" est qu'elle simplifie la gestion de votre assurance en regroupant ces trois couvertures essentielles sous un seul contrat. Cela peut souvent se traduire par des primes plus avantageuses et une gestion plus simple des réclamations.
Cependant, il est important de noter que les limites de couverture et les franchises peuvent varier pour chaque "tête" de la police. Chez Covalen, nous pouvons vous aider à personnaliser votre police pour qu'elle corresponde parfaitement aux besoins spécifiques de votre activité de transport.
