Transportation insurance is a vital part of any cargo carrying business. It’s important for each type of business that transports goods to have a custom insurance plan. From tractor trailer fleets to small catering vans, each must understand how transportation insurance covers them from specific risks. There is a lot of factors that go into this type of insurance plan.
Business owners need to know what type of insurance is right for their company. Also, they’ll need to know if they require anything from physical damage insurance, cargo coverage, or other specialty coverages. Therefore, it’s important that drivers know their vehicles and how business practices can affect their rates. Anything from driving habits, the type of vehicle, and preventative maintenance practices can affect the type of insurance you need and your rates.
On this page, we’ll cover everything you need to know about transportation insurance. We’ll go into the different types of coverages, what insurance you need for your business, and how to get great rates.
Earning as a truck driver means long working hours and unwavering commitment and responsibility towards the job. Most truck drivers are fatigued and stressed due to the overwhelming pressure to stay secure while hauling heavy loads within the deadline.
Keep in mind that happy truck drivers are not only satisfied, but also more productive.
Commercial machines and equipment are always on the move. Semi trucks spend more than 140 billion miles on the road each year transporting goods and equipment across the United States. If you are an owner operator who delivers machines and equipment via your own tractor trailer, you need the right insurance to help keep you on the road.
Do you use a van to transport food for your catering business? Are you thinking about opening up a food truck business? If so, make sure you have the proper insurance coverage. Many people believe that their personal car insurance policy will cover their catering van for work use. However, this can be a costly mistake.
It is a common assumption that if you don’t operate a fleet of vehicles, then you don’t need commercial vehicle insurance. However, this is untrue.
The well-being of your driver and others involved is important to you. So, if one of your truck drivers is involved in an accident, you need to know that your drivers, your business, and others involved in the accident will be properly helped and protected. You also need to know that you can quickly and safely get that truck back on the road. Otherwise, you’re taking a big hit to your bottom line.
According to the Department of Transportation, bad weather causes 21% of vehicle accidents. A DOT study shows that heavy snow can slow freeway traffic down by 5-40%, and even light snow can decrease speeds by as much as 13%, increasing your drivers’ risks of having an accident. Taking steps to prepare your drivers for the increased challenges of winter will help keep your drivers safe and deliveries reaching their destinations on schedule.
Trucking is a unique industry. There are many different scenarios and risks that you face as a trucker, and that means that you need a variety of insurance coverages to protect you. However, all of these transportation and commercial auto coverages can get a little confusing.
Auto haulers are not without their risks. And the risks that you face as a car hauler are exactly why you need auto hauler insurance. Having the right coverage is essential when it comes to protecting your business. But first things first – how much does auto hauler insurance cost?
If you haul cars for a living, you know that you face a lot of risks. You (or your driver) could get into an accident and injure other drivers. The cars you’re hauling could get damaged. The car carrier itself could be wrecked. You could destroy private property in an accident.