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What is Physical Damage Insurance?

Operators of commercial vehicles, such as truckers, need a number of insurance products. Automobile Physical Damage insurance covers the damage to, disappearance, or destruction of actual automobiles and/or their equipment, such as tractors, trailers or semitrailers, trucks, or private passenger types of vehicles.  Equipment does not include personal effects (clothes, eyeglasses, etc.) Covered autos are … Continue reading “What is Physical Damage Insurance?”

Truck Accident Claims Reporting and Handling

It seems that one of the more consistent areas of needed improvement for truckers, whether large fleet, small fleet or owner operators, is in the approach to claims reporting. This writer, who actively receives claims, has seen the gambit in claims reporting from well documented detail to virtually no information provided at all. So what’s … Continue reading “Truck Accident Claims Reporting and Handling”

How to Get the Best Deal on Your Truck Insurance

Knowing what’s happening in the industry helps Western Truck Insurance Services remain a reliable resource to both clients and prospects. As a result, we are always eager to learn how things are going and what you think about DOT enforcement activities, fuel prices, and the effects of laws, rules, and regulations on your business. As … Continue reading “How to Get the Best Deal on Your Truck Insurance”

Beyond Truck Insurance – Great Benefits that Matter Most.

Most Important Benefits to Get With Truck Insurance Truckers need to insure their vehicles, and for most, they simply look for the most cost-effective policy at the most reasonable price. It is vital to get good coverage, but as you are speaking with various truck insurance brokers, there are other qualities to look out for. … Continue reading “Beyond Truck Insurance – Great Benefits that Matter Most.”

“Bad Apple” Truck Insurance Brokers

Watch Out for unscrupulous insurance agents/brokers who falsely scare unsuspecting truck operators that their truck insurance is cancelled.   I learned of an incident where a trucker was called by one of these “bad apple agents” and told their insurance policy was not going to be renewed and was being cancelled.   The frightened trucker was smart … Continue reading ““Bad Apple” Truck Insurance Brokers”

Truck Insurance Rates Fall

Truck insurance rates continue to spiral downward as the long term Truck Insurance providers compete with new Insurance Company entrants into this industry.  Rates are down, on average, about 15% last year from 2006 and it is expected to fall another 5-15% again this year. Great news for owner operators and trucking companies. Let’s hope the trend continues.