Truckers downtime insurance

{
  "id": "MLC-T-INS-003380",
  "term": "Truckers downtime insurance",
  "field": "Insurance and risk management",
  "definition": "A type of business interruption insurance specifically designed for trucking operations, providing coverage for lost income when a truck is out of service due to a covered peril. This policy compensates the owner for revenue lost during the repair period following an accident, theft, or other insured event. It typically covers fixed expenses and net profits that would have been earned while the vehicle was inoperable.",
  "url": "https://mlchart.com/terminology/insurance/truckers-downtime-insurance/"
}