How do I value my truck or trailer?

The amount you should insure your truck or trailer for is the actual cash value. In other words at the current value, not the value it would cost to buy a brand new truck or trailer.

This is similar on how personal autos are covered by insurance. In the event of a loss the insurance pays on the current value taking into consideration the condition and age of the property.

For more info check out our blog post: What is the value of your food truck or trailer?

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