Can Technology Help You Lower Your Trucking Insurance Cost?

The use of technology can help your trucking insurance

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.  The new legislation has drastically changed the way people measure and understand safety.

With the insurance landscape shifting, drivers are opting for new technologies to keep themselves safe and lower their insurance. Technology plays a key role in enabling technology adapters to decrease risks in the driver’s seat.  Also, many auto insurance companies offer discounts to their policyholders for installing vehicle safety devices or demonstrating safe driving.

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3 things to consider before adding a new vehicle to your fleet

If you add a new vehicle to your fleet, consider your insurance coverage.

Adding a new truck, van, or even a company car to your fleet can solve many problems, save you time, and allow you to scale up your operations, provided you are truly ready to make the switch. Before you upgrade, consider the following questions to be sure you are ready and that you will be able to get the best possible return on your truck investment.

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What to know about truck insurance if you’re growing your fleet

It's important to review your insurance coverages as you grow your fleet.

As your business grows, the number of vehicles you have and need to insure may grow as well; the variety of vehicles you need could change and expand over time as well. Whether you have a fleet of auto haulers, your own delivery fleet, or a few box trucks, you could benefit from the right commercial insurance policy. Reviewing both your needs and the vehicles in your fleet as you grow can help protect your thriving brand and ensure you have the best possible insurance plan for your business.

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5 Soft Skills to Look for When Hiring a Fleet Manager

Look for these skills when hiring a fleet manager.

When you’re interviewing for a fleet manager position, you know immediately how well they understand the industry. It’s in the words they use. You hear it in the confidence they show when answering questions. You can see from their resume whether they’ve been in fleet management positions before.

But soft skills don’t often find their way onto a resume or into the interview room. These are those skills that are harder to define, like “being a problem solver”. These less technical skills determine a fleet manager’s long-term success.

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In-House Truck Maintenance: Are You Getting the Most Out of Your Trucks?

Find out how much long-haul truck insurance costs.

12 years. That’s how long the average truck has been on the road today. Many are closer to 20.  Each year a fleet will only replace 1 truck for every 70 trucks in service.

It’s thanks in part to well-built trucks, dedicated drivers, efficient management and a focus on the importance of maintenance.

Let’s take a look at how your in-house truck maintenance can help you keep those trucks performing and paying you back as a business longer.

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