Protection while a truck is being repaired
A truck may need to leave service for repairs or maintenance. Radius describes an insurance arrangement that covers eligible repairs and provides daily compensation during qualifying repair downtime. This is intended to reduce the interruption to the owner income pool while an eligible claim is being handled.
What is covered must be confirmed
Coverage is governed by the actual insurance policy. Routine servicing, wear and tear, mechanical breakdown and accidental damage can be treated differently. Before purchasing, ask which maintenance or repair events qualify, who the insurer is, and what deductibles, exclusions, limits and waiting periods apply. We cannot describe every maintenance stop as automatically insured.
Daily downtime amounts
Radius has supplied the following daily truck-level figures before its management fee: dry van US$950, flatbed US$1,050 and reefer US$1,800. A 30% management fee is deducted, leaving US$665, US$735 and US$1,260 respectively for the full owner pool per covered day. Each fractional owner receives their proportional share. These figures are operator-supplied and subject to the policy and agreement.
How a share is calculated
For example, US$600 of an US$80,000 flatbed is a 0.75% share. On a qualifying day, US$1,050 × 70% × 0.75% gives an illustrative US$5.51 for that owner. For 25 covered days, the unrounded calculation gives US$137.81. This scenario replaces operating income for those days; it is not added on top of earnings from loads.
Covered days and weekly payment timing
Radius describes daily compensation for Monday through Saturday, excluding Sundays, while qualifying repair work continues. It states that the prior week is paid on Wednesday after that week has ended. The calculator uses 25 covered days as a monthly illustration; actual covered days vary with the calendar and claim eligibility. This timing describes receipt by the company, not a guaranteed arrival time in an owner’s bank account.
From repair event to owner allocation
The truck’s issue is assessed, eligibility is checked and the required claim documentation is submitted. Repair and downtime compensation follow the insurer’s terms and claim decisions. Once compensation is received, the management fee and ownership allocation follow the signed agreements. Ask the team how claim status and allocated payments will be reported.
What insurance does—and does not—protect
Insurance can help manage eligible repair costs and some associated income interruption. It does not guarantee the safety of your entire investment, prevent depreciation, insure every lost load or guarantee a company buyback. Claims may be limited, delayed or declined, and the operator’s financial position remains relevant.
Information to review before you decide
Request a policy summary, insurer details, insured parties and vehicle identification, coverage dates, covered events, daily benefit limits, maximum claim duration, deductibles and exclusions. Also ask how the policy benefits fractional owners and how the 30% fee applies. Private contracts do not need to be displayed publicly; the team can explain the relevant information during your call.