Truck insurance OPTIONS

You’re required to have insurance. But there are also many other options for insurance to keep you covered. Crossroads Equipment Lease and Finance offers competitive Truck Protection as well as any other commercial insurance needs. You don’t have to have a loan or lease with us in order to receive coverage either. Our insurance can be used for your pieces of equipment, employee’s, and self. By bundling all of your insurance needs together, you can gain significant savings. Consider bundling your insurance needs with the purchase or lease of a piece of equipment and your operating costs drop significantly.


truck insurance california

Truck Protection

Physical Damage

Provides insurance coverage for physical damage to the insured truck or trailer for Collision, Fire Theft, Overturns, Hail Earthquake, Flood and Vandalism.

You may also select supplemental coverage for the following:

  • Windshield replacement with no deductible

  • Towing and storage coverage

  • Downtime/rental reimbursement

  • Personal effects

GAP (Guaranteed Asset Protection)

If a total loss occurs, the claim is settled on an Actual Cash Value basis. This could leave a balance due from the customer on the loan. GAP will pay the net outstanding balance on the truck/trailer loan after settlement is paid by the physical damage carrier. (See policy wording for certain unpaid items, such as past due payments.) It eases financial burden from a total loss.


GAPlus provides not only GAP coverage but it also pays up to $10,000 or 10% of the original vehicle price for a Class 8 and $5,000 or 10% of the original vehicle price for a Class 3 through 7. This money can be used for:

  • New down payment

  • Insurance deductible

  • Sales tax and license fees

  • Vehicle price increases


Get Approved for Credit