The shortage of truck drivers has become one of the most prominent challenges for the trucking industry. According to the latest report from the American Trucking Association, currently, the industry is short by 60,000 truckers, which is a nearly 20 percent increase from last year.
flatbed truck
A flatbed truck can be one of the most versatile in the commercial vehicle industry. From over-sized to irregularly shaped cargo, flatbed trucks are a vital part of transportation. Therefore, it’s important for drivers of these vehicles to be aware of risks and safety measures to take for their long hauls. It’s also vital to make sure that you have the right type and the right amount of flatbed trucking insurance coverage.
On this page, we’ll go over everything you need to know about your flatbed truck. We’ll cover safety, the types of insurance you’ll need, how much it will cost, and news stories.
How Much Does Insurance for a Used Truck Cost?
“How much does insurance for a used truck cost” is one of the common questions drivers ask before they buy. Though the cost of these trucks is often low, the price you pay every year varies depending on factors like driving history, the state you live in, and cargo type.
The Impact of the $1.2 Trillion Infrastructure Bill on the Trucking Industry
The trucking industry has had issues with retaining their drivers and growing their fleets for years. This issue is somewhat related to the new rules and regulations in the trucking industry. The $1.2 trillion infrastructure bill, in this regard, is no exception.
How Much Does Flatbed Truck Insurance Cost?
A flatbed truck is a giant vehicle with a flat and open bed. The bed doesn’t attach any roof, sides, and railing. This feature makes flatbed trucks ideal for carrying or delivering awkward, heavy loads that don’t fit into trucks with railings. The open flatbed enables loaders or drivers to load and unload things easily.
Can Technology Help You Lower Your Trucking Insurance Cost?
Did you know that litigation of truck accidents has increased significantly?
Whether you have a transportation company or a trucking fleet, managing insurance may be a daunting task. We say this because legal settlements are on the rise and premiums are increasing. Plus, the equipment has become more costly.
How to find a great flatbed trailer insurance policy
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.
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:
What kind of insurance do I need for a flatbed truck?
So, you’ve got a flatbed truck…or two. You’re all set to run your business, but now you’ve got a question: what kind of insurance do you need for a flatbed truck? There are a lot of coverages out there for trucks, so which ones should you get for your business?