OOIDA

OOIDA Insurance
When it comes to the Insurers for Commercial Trucks in the United States, OOIDA is one of the major party, holding a major chunk of the overall business. With millions of truckers insured with this company.
4.3
out of 599 user reviews

Insurance Coverage

OOIDA enjoys the trust and reliance of its customers as well as the major Credit Rating companies in the country. Most importantly, the party has got a reputation for offering the most comprehensive coverage to the insured, within the most reasonable rates. In addition, the company has got an impressive record for settling the claims within the shortest time span. Thus, this company is the priority choice of the truckers in the country.

The coverage of the policies of this company extends the most robust protection plans to the owner-operators as well as the  leased owner-operator. As the concerns and interest of these parties are different, they require different sets of solutions to suit to their needs. In a nutshell, the policies of OOIDA cover up the aspects like the chances of physical injuries to the driver or to 3rd parties, compensation for the damage to the vehicle, coverage of the liability payment to the 3rd parties, victimized by the accident, reimbursements of the expenses for availing the roadside assistance & towing as well as protection on other risks and threats that are likely to attack the vehicle. The policies of this company enable the insured truck owners to overcome all the concerns and worries for the insured parties.

Coverage Options

Coverage options for the Owner-operators:

  • Primary Liability: This protection plan covers up the losses, arising out of the legal compulsion of the insured truckers for physical injuries or damages caused to the properties of the 3rd parties.
  • Coverage for the Cargo: this plan fetches compensation for the damages caused to the goods in the transit, arising due the accident.
  • Coverage for the accidents of the passengers: it extends compensation for the disablement or the death of the guest passenger as well as covers up the medical expenses, incurred by the victim.
  • Insured policy holders can avail additional coverage for the expenses incurred for availing the roadside support and towing services.

In addition, the company offers additional coverages for breakdown, damage to the personal property, coverage for depreciation, as well as the reimbursements of the rents paid for hiring a rented commercial truck, for the time the insured truck undergoes repair services at the service station.  

Coverage Options for the leased owner-operator:

  • Bobtail Liability: the scope of this protection plan is to cover the liabilities, arising in the instances the truck is getting operated without an attached trailer, no matter the truck has been dispatched or not.
  • Unladen Liability: this coverage will cover up the liabilities, arising at the time the truck is under use without the attachment of a trailer or it is accompanied by an empty trailer.
  • Coverage for accidents to the passengers: the objective of this plan is to protect the guest passenger in the truck, at the time it is meeting an accident.
  • Protection for physical injuries: covers the damages and losses to the insured commercial trucks, arising due to fire, theft, collision, or for acts of Vandalism. This scheme shall cover up the instance like glass breakage, downtime coverage, as well as for repairs. It will important to state that policyholders are not required to pay any additional premium to avail these benefits.

The leased owner-operator can opt for the additional coverages for downtime, breakdown, as well  the reimbursements of the expenses for towing and roadside support services.

Affordability

One of the key factors that boosts the demand for the policies of this insurer is the competitive cost of insurance premium. In this regard, the company gets a high rating from the credit rating companies.  Reviews suggest, the policies of this company fetches the most extensive coverage for the commercial trucks and the truckers at the most reasonable rates.

You may collect the ooida insurance quote on the cheap commercial truck insurance from this provider and other insurers and on comparison, you will find that the quotes offered by this insurer are significantly lower than the rates quoted by its competitors.

Customer Satisfaction

Customer Satisfaction Rating: 
4.3
out of 599 user reviews

The standing of the company looks exceptionally accentuated, when it comes to the aspect of customer satisfaction. As per the reviews, customers of this company are extremely happy with the quality and the extent of the support services it offers to the customers. In addition, the company has got a reputation for settling the claims within the shortest turnaround time.

Survey Review Data

Financial Stability

Financial Stability Rating: 
5.0
out of 599 user reviews

OOIDA has been given a 5/5 rating by the credit rating agencies for its strong financial standing. The company has got formidable value for its Net asset as well as adequate cash reserves and cash inflows. These points make the company all the more reliable for the customers.

Contact Info

Website: 
http://www.ooidatruckinsurance.com
General Phone Number: 
816-229-5791
Customer Service Phone: 
1800-715-9369

OOIDA, Inc.

1 NW OOIDA Drive,

Grain Valley, Missouri 64029