Using Professional Commercial Truck Casualty Appraisal For Your Fleet

Law Blog

Your business's fleet is important to your ability to turn a profit and serve your customers. However, your best attempts to keep your trucks intact may be for naught. They can still suffer damages from vandalism, theft, and the weather.

To find out how much damage has been done to them, you need to have your trucks appraised. You can use commercial truck casualty appraisal services to determine if the trucks are worth repairing, junking, or trading in for new ones.

Learning the Monetary Value

The commercial truck casualty appraisal that your trucks undergo can reveal how much monetary damage was done to them. Even the smallest of damages, such as a slight dent in the hood, can result in hundreds or thousands of dollars' worth of damages. It can cost you more money than a truck is worth to repair it.

However, you still need to know what the monetary value of the damage is and then decide if you want to make an insurance claim on it. If the truck is relatively new or one that you use often, you may decide to make a claim on it for its repairs. However, if the truck is old or not worth the value of the damages, you may decide to sell it for junk or use it for a trade-in.

Redoing Your Insurance

Another reason to use commercial truck casualty appraisal services involves getting their value for your insurance policy. As such, you may want to look for more competitively priced insurance. You also may simply want to know if you have enough coverage on your trucks to protect their full value.

When you have them appraised, you can find out how much they are worth in their current condition. You can then determine if you want to move some of the trucks, particularly those with damages, down to liability-only policies. You can also determine if you want to move newer trucks up to full coverage. You can protect your fleet and avoid having to spend money out of your own pocket for repairs, theft, and other incidences by insuring them.

Commercial truck casualty services can provide you with valuable information about your fleet. You can determine whether or not to use damaged trucks as trade-ins or sell them for junk. You can also determine if you want to make claims on them or change the coverage on them. Contact a company, such as The Truck Claims Company, for more information.


9 December 2020