Physical Damage Insurance

Physical Damage Insurance Protects Your Truck!

If you have a loan on your vehicle, Physical Damage insurance is essential to protect its value. Leased vehicles generally require that the lessee carry Physical Damage insurance for the term of the lease. Even if your vehicle is fully paid off, unless you can afford to handle the out of pocket cost for any damage incurred, you need Physical Damage coverage.

Purchasing or leasing a truck is a huge investment. Once you get on the road the risk of an accident only increases. Your truck can be damaged or completely totaled from an accident. Compass Physical Damage coverage offers 24-hour collision coverage for damages to your truck or trailer.

Physical Damage Insurance covers your truck or trailer if it is damaged. It consists of two sections, Collision and Comprehensive.

Collision – When your truck collides with another vehicle or object.
Comprehensive – All the other damages a truck or trailer is exposed to on the road: vandalism, fire, theft, and inclement weather.