There are many types of truck insurance out there, whether you drive tow trucks, box trucks, or semi-trucks. One coverage you might be wondering about is physical damage insurance. What is physical damage insurance? What does it do? How does it protect your business? And, well, do you really need it?
How much cargo insurance does your trucking business need?
You have cargo insurance and understand its importance. You’ve evaluated the risks of carrying products. The goods your drivers transport in the trailer may even exceed the value of the truck itself.
5 Risks Only Flatbed Truckers Understand
If you’re hauling with flatbed trucks, you have risks other trucking companies don’t have to worry about. Understanding these additional risks helps you make smart decision to protect your drivers, your trucks, your profits, and your company.
How much does flatbed truck insurance cost?
Flatbed truck insurance generally costs $12,000 per power unit per year. However, we say this without knowing your business – your drivers, your location, and so on. Many factors affect flatbed truck insurance rates, such as:
5 Tips to Lower Auto Hauler Insurance Costs
Are you paying $100,000 or more each year for insurance for your auto hauler fleet? Even saving a small percent will mean a lot of money that you get to invest back into your company.
6 factors that impact short-haul truck insurance costs
As a short-haul trucking company, insurance takes up a huge chunk of your balance sheet. That’s why it’s so important to know what’s influencing the costs of short-haul truck insurance and whether you’re paying more than you have to as a result.
How to educate new truck drivers about the risks of distracted driving
When something is this critical to the safety of your truck drivers and the health of your trucking business, it’s important not to leave definitions to chance. Distracted driving is more than texting.
5 ways to lower the cost of my long-haul truck insurance
It’s not easy to juggle the income with the outgo when managing a long-haul trucking business. Save where you can to maximize profits. Even 10% can make a world of difference.
That’s why it’s important to make sure you’re not paying too much for long-haul truck insurance. Here are 5 smart strategies to lower your rates.
4 ways to identify that your driver is distracted
People get distracted. Sometimes it’s a clever billboard or a person in a costume walking down the street. Sometimes it’s a non-urgent need to use dispatch equipment. They may be reaching for a map or using a cell phone – either talking or texting and driving.
It’s all distracted driving. And it leads to over 25% of truck accidents.