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”
A quick tally on the pulse of the insurance professionals who specialize in placing insurance for the trucking industry reveals a strong need for quality sales people. A regional business development manager from Great American Insurance Company recently stated that the brokers he works with are all looking for new producers, or sales people. This … Continue reading “Truck Insurance Sales People Needed”
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.