Hunter Nelson explains why physical damage insurance payouts aren't as simple as your policy limit. Insurers won't automatically pay the stated amount, and most truck owners misunderstand how claims actually get calculated. This covers what really determines your payout.
I am Hunter with Nelson Insurance. I'm going to go over physical damage insurance because it is a little bit more than just comprehensive and collision coverage, more than just what's my vehicle valued at, here's what I'm gonna get paid out, because that's not actually how it works. I'm gonna go through physical damage, the main things you guys need to know, how insurance will actually pay out for it, because, uh, if you guys think that insurance will just pay out, uh, whatever you have listed on your policy, that is incorrect. So I just want to let you know how that goes. So We are based in Sioux Falls, South Dakota. Pretty much all I do is trucking insurance, so let's get into it.
