Insurance

Truck insurance might seem complicated and overwhelming, but that’s why our team is here. We’re transportation professionals who help businesses insure their commercial vehicles all day, every day. We understand the risks you face and the coverages you need to protect your business from them. Our goal is to make truck insurance as easy as possible.

Part of that includes the articles below. The following articles explain different concepts and different coverages that your truck business might need. Commercial vehicle insurance might seem overwhelming, but that’s why we’ve broken down different topics into smaller, manageable articles. From deductibles to physical damage coverage, we’ve compiled useful information for any trucking business to have.

So, take some time to click through and read the posts below. They’re there for you to read at your leisure. We hope that you enjoy the content and find it helpful as you begin the process of getting coverage for your trucks.

The Difference between Primary Liability and Non-Trucking

If you’re a truck driver then understanding insurance is vital. Not only is the trucking industry heavily regulated, but not having the minimum required insurance can result in fines, penalties, and driver suspension. This is because the job is very high-pressured and considered safety-sensitive. Therefore, insurance is a must.

Two of the most important coverages in a truck insurance policy are primary liability and non-trucking liability. In this article, we’ll discuss the key differences between the two coverages. Let’s begin.

Truck Insurance for New Authorities

If you’re reading this, chances are you just started your own trucking company! So, now is the perfect time to start shopping around for truck insurance. Don’t worry if you have no idea how to go about it. We’ve got you covered. In this article, we discuss the process of getting truck insurance if you’re a new authority. Let’s begin.

What Influences the Cost of Commercial Truck Insurance?

If you run your own fleet or drive for a company, getting commercial insurance should be your top priority. Insurance offers you financial coverage against damage and injuries.

Remember that hauling cargo across state lines entails a lot of risks. If you were uninsured and something happened to your cargo then you would be left footing the bill. This can cost you thousands of dollars and leave your trucking business in a place where it can’t financially recover.

As I’m sure you know, trucking insurance isn’t particularly cheap. However, the cost is worth it when you consider the risks truckers face every day.

In this article, we’ll discuss the cost of commercial insurance and what factors affect it.

How to Get the Best Rates on Trucking Insurance

Insurance helps us in many aspects of our lives, and as a truck owner, your truck insurance can protect you in the event of an unwanted incident. However, it can be a challenging task for a trucking company to find optimal rates for their truck insurance policy.

Though getting the best truck insurance policy is vital, we can’t ignore the significance of receiving a good rate. Nevertheless, a key takeaway is that the insurance industry is getting more and more competitive with new agencies entering the business every day. Fortunately, you may be able to use this to your advantage when shopping around for the best rates.

Don’t worry if you don’t know how to go about it, we’re here to help you out. In this article, we’ll share 5 ways you can get the best rate on your truck insurance.

How to Reduce Your Commercial Insurance Rates

As an independent owner-operator, you’re probably looking for the best trucking insurance to reduce your costs. Insurance coverage can be a burden on your finances, especially for small fleet owners.

Various factors can affect your truck insurance rates, such as:

The age and experience of your drivers
How long you’ve been in business
The condition of your trucks

To help you out, we’ll discuss a few ways you can reduce your commercial insurance rates.

New Bill Aims to Protect Truckers Against Staged Crashes

The safety of truckers is becoming a major issue in the US, but new legislation such as the Highway Accident Fairness Act of 2021 aims to protect them against staged crashes. Specifically, the bill protects trucking companies from being financially burdened due to a claim from a staged accident.

Guide to Understanding Commercial Truck Insurance Coverage

Commercial truck insurance is a must for any company in the trucking industry. However, this is even more important if you’re a small business owner. Since truck insurance is geared more towards large-scale companies, it can be costly for smaller ones. It depends on the type of trucks a company owns, the risks involved, and their drivers’ experience.

Common Insurance Risks in the Trucking Industry

Truckers are exposed to various risks, and truck drivers and many trucking companies face the crucial risk of lost and damaged cargo. Truck-related accidents are on the rise due to many reasons, such as excessive cell phone usage while driving, careless driving, or sleep deprivation.

What You Need to Know about Truck Insurance in Georgia

For trucks driven in Georgia, the minimum insurance amount is $100,000. Commercial trucks carrying over 12 passengers have to have an insurance limit of $500,000. However, privately owned pickup trucks and automobiles only need a minimum insurance amount of $50,000 per accident and $25,000 per person.