Bobtail Liability Insurance
Bobtail Liability Insurance
An
insurance policy that guards the
policyholder from legal
expenses from a lawsuit over a truck after it has delivered its load. That is, bobtail liability insurance provides coverage if an 18-wheeler carrying
cargo delivers its load and then, on its way home, causes an accident resulting in a lawsuit. The policy pays for actual and punitive
damages as well attorneys'
fees.
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