Are you thinking of starting a junk or debris removal business? Or, maybe you already haul junk for affluent baby boomers who are downsizing. If you regularly haul yard debris, junk or other waste, make sure you have the right insurance coverage for your truck.
You might think that the cheapest big rig insurance or truck insurance is always the best policy to choose. However, choosing a commercial truck insurance policy based on price alone can cost you in the long run. Cheap truck insurance could mean poor customer service, inadequate coverage, and a hassle when it comes to filing claims.
Flatbed trailers haul large, bulky items like heavy-duty vehicles, machinery and more. Because a flatbed trailer must use chains and other specialized equipment to secure loads, there tends to be more risk with driving these trucks compared to others. To manage risks, you must get the right flatbed truck insurance coverages.
Do you regularly transport hazardous materials or pollutants? (Maybe you have a tank truck.) If so, then you face certain liability risks. If you have an accident, it could cause a fire or explosion. Hazardous materials may cause injury to those people who come in contact with the substance. Or toxic chemicals could spill onto the roadway. These chemicals may even contaminate nearby properties of water. The costs to clean up after contamination can be staggering, which is why you need trucker’s pollution liability or hazmat insurance.
Tow truck operators are responsible for moving stalled, wrecked, or damaged vehicles from one place to another. What happens if the vehicle that you are towing is damaged or vandalized while in your possession? You will be liable for repair or replacement costs. (And that’s why it’s so important to get the right tow truck insurance.)
For example, let’s say that you own a garage. A customer calls you because her car won’t start. You come and tow it into the shop. However, you accidentally leave the customer’s car in park while towing and ruin the transmission. If this happens, you will have to pay for the cost of a new transmission — unless you have on-hook towing coverage.
If your business offers tow truck services, then you need on-hook coverage. (It is important to note that on-hook towing insurance is called Garage Keeper’s Legal Liability insurance in Virginia and Texas.)
Commercial truck insurance provides coverage for injuries or property damage sustained in a truck accident. Commercial truck insurance is different than a personal auto policy because it usually offers different coverages than a regular auto policy.
Do you have an entrepreneurial spirit and a special flair for cooking? If so, then you might be thinking about starting a catering business. There are many options when it comes to a catering business. You might cater weddings, operate a food truck or work at family reunions. No matter what kind of catering niche you choose, you need to make sure that you have the right insurance for your catering van.
From concerns about the shortage of qualified drivers (which will continue to grow as Baby Boomers retire) to the continued development of autonomous vehicle technology, 2019 is all about technology and people. What can you expect to hear about in the year to come – and which trucking trends will directly impact your business? A few of the most prevalent are outlined below.
Tesla, Uber, Volvo, and GM have all either rolled out an autonomous truck or have one in the works – and they are not alone. Most automotive brands are including some form of autonomous vehicle for deliveries in their coming lineup. What does this shift towards self-driving capabilities mean for the industry and for drivers? A few key points to consider about autonomous trucks are detailed below.
As the owner of a food truck, you must make sure that you have the right coverage to protect you in the event of a collision or another incident. It is essential to get a customized commercial food truck policy that will provide you with comprehensive coverage. Why is truck insurance necessary? Why isn’t personal auto insurance enough? Here are four reasons why you need specialized food truck insurance.