Trucking operations are a prime target for theft and criminal activities. Cargo theft in the U.S. is more common than people think. According to the FBI, the annual economic loss due to cargo theft is around $30 billion – reporting that the average cargo loss in 628 incidents in 2015 had a value of $44,426 … Continue reading “Why Crime Insurance is a Necessity for Trucking Operations”
Motor Truck Cargo Insurance is an important, expensive and often times misunderstood coverage. Most carriers require the owner operator or company transporting their goods to have cargo insurance. This coverage protects the owner of the goods as well as the insured while the cargo is under the care, custody and control of the transporter. Cargo … Continue reading “Understanding Motor Truck Cargo Insurance”
Within the insurance industry there are a variety of truck insurance payment options (premium billing programs) that you may take advantage of when purchasing truck insurance. Truck Insurance Payment Options Direct Bill Some insurance companies bill the customer directly without the insurance broker being involved. The customer receives a monthly bill and mails the payment … Continue reading “Truck Insurance Payment Options”
Truck Fleet Insurance Options and Payment Plans The truck fleet operator has several alternatives in structuring their truck fleet insurance coverage and payment plans. But first we need to segment the various fleet sizes to determine what makes the most sense for your operation. We like to break out fleet sizes as follows: Group I … Continue reading “Truck Fleet Insurance Options”
The following is an insurance summary of basic truck insurance coverages for the truck and transportation industry. Insurance is one of the largest fixed expenses that a trucker or trucking company faces today. It is one area that all individuals and companies need to revisit at least annually to make sure their needs are being … Continue reading “Understanding the Many Truck Insurance Coverages”
So you’ve made the decision to become an owner and operator rather than work for another company. Congratulations are most certainly in order, but you’ll want to proceed with caution to maximize the opportunity before you. One of the first tasks to take care of is to secure owner operator truck insurance. Just like insuring … Continue reading “Owner Operator Truck Insurance 101”
Why You Should Have Commercial Truck Roadside Service If you’ve been in the trucking industry for a while, then you know all manner of mishaps can happen out on the road, some of which you or your drivers might not have the right equipment or knowledge to respond to on your own. Being well-prepared for … Continue reading “Truck Roadside Service”
Just as you want to properly insure your personal vehicle, the same is most certainly true when it comes to commercial trucks. Not only does insurance provide you and your drivers with peace of mind, it could also be just the thing to keep your trucking business up and running without having to cover insurance-related … Continue reading “What You Need to Know About Truck Liability Insurance”
While it’s great to have commercial truck insurance to protect your employees as well as your business, you’ve got to make sure you’ve got the right type of insurance and that you work with an agent who knows what she or he is doing to ensure you’re getting the protection and peace of mind you … Continue reading “Choosing the Right Commercial Truck Insurance”
Most people don’t understand trucking insurance and haven’t done enough research before buying insurance. When it comes to trucking insurance, business owners have even more options. Let’s discuss the different types of insurance so that when you are ready to buy or renew your business insurance, you will have an idea of what types of … Continue reading “Trucking Insurance – How does it Work?”
