No matter what upfront costs insurers show on their websites, the actual commercial truck insurance cost is different or hidden. It happens because there’s certain variables that influence commercial truck interest rates. However, the good news is that truckers can take certain measures to reduce their rates.
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Whatever type of truck you drive, you know that there are tons of risks involved. Handling more heavy-duty vehicles means being more responsible and cautious of every other driver on the road. So, it’s important to learn proper safety and how to protect your drivers if something happens. These preventative measures can range anywhere from proper training to truck monitoring.
Protecting your drivers from risks also includes truck insurance. However, it’s not enough to know the basics of coverage. Fleet owners must know the best types of insurance to protect their unique company. For instance, an insurance plan for a towing company in one region can be completely different from a reefer truck fleet’s in another location. Therefore, shopping for trucking insurance means knowing your company and all of the specific risks you face.
Here, we’ll go over all you need to know about trucking. We’ll walk you through what types of risks commercial trucks face and trucking news. We’ll also cover what types of trucking insurance you’ll need and how to save on the best coverage for your business.
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.
5 Helpful Tips to Save on Operational Costs
Managing operational efficiency by cutting costs is one of the important parts of a fleet manager’s job. Though it’s not something new for the experienced trucker, factors like supply chain disruptions, lost workdays, and decreasing operational costs have made it a significant issue.
This Year’s Top Heavy Duty Pickup Trucks
Regular pickup trucks make the right choice when you just want to cruise around or handle light tasks. However, if you need to haul heavy stuff and transport shipments, only heavy-duty pickup trucks can do the job. Perfect for any heavyweights in the trucking business, HD pickups can serve your particular purpose.
How to Lower Your Truck Insurance Rates with Technology
Did you know that unwarranted lawsuits, damage from crashes, and costs that come with transporting goods has spiked significantly?
This has caused commercial transportation insurance to rise, making this subject the biggest concern for fleet leaders.
The FMCSA’s Drug and Alcohol Clearinghouse Linked to Driver Shortage
The driver shortage in different parts of the US has become a persistent problem. This complicated issue ultimately ties into multiple lifestyle choices according to Bob Costello, Chief Economist of American Trucking Associations.
Minneapolis Bans Larger Trucks from Parking on Their Streets
The legislative body of Minneapolis has imposed a new restriction banning larger trucks from parking on the streets. The restriction aims to improve protection measures for citizens. Modifying an existing ban on parking, the city council wants to make zoning districts safe for residents. It’s a citywide ban that includes all larger trucks.
Brake Safety Week is August 22nd-28th
The US’s commercial motor vehicle authorities placed more than 1,151 vehicles out of service due to rule violations. During a one-day inspection in May, 8,658 trucks were evaluated according to the Commercial Vehicle Safety Alliance. They had a similar inspection in Mexico and Canada.
5 Safety Tips for Commercial Drivers
With the number of cars on highways increasing, the Federal Motor Safety Administration stresses using safe driving tips and techniques. According to Meera Joshi- Deputy Commissioner FMCSA, trucks and heavy vehicles are essential. They play an important role in keeping stores supplied with food and medicines and transporting people safely to their destinations.