Why Having a Safety Mindset Can Lower Your Truck Insurance Premium?
By adopting a safety culture in your company you can reduce the risk of costly claims and lower insurance premiums.
Get the Right Coverage at the Right Price for Your Towing and Trucking Business
By following these tips, you can find a policy that offers the protection you need at a price that fits your budget.
Claim Payout In The Event Of A Total Loss: What To Know
According to statistics, in 2019, over 6.5 million passenger cars were involved in traffic crashes. 4.8 million light trucks and 538 thousand large trucks were also involved in traffic accidents with varying degrees of damage. In rare circumstances, after an accident, an insured motor vehicle can be declared a total loss. In the insurance industry, […]
What is an AER and How Does It Work?
An Automated Event Recorder (AER) is a small, video-based device that is mounted in a vehicle to record data and events during normal operation. The device continuously records information such as vehicle speed, engine RPM, steering angle, and brake status. This information can be used to reconstruct an accident and help determine the cause. It […]
What Is An Insurance Claim And Who Can Make A Claim On Your Policy?
As of 2022, the global auto insurance industry is valued at $316 billion dollars. About 87% of Americans eligible for car insurance have a policy. The benefits of such insurance are numerous: These benefits are even more important when running a business dependent on vehicles, such as a taxi or limousine service, a food delivery […]
How To Manage Risk In The Face Of Increasing Commercial Auto Insurance Rates?
Commercial insurance rates have been rising over the past decade and show no signs of stopping. Businesses need to take proactive steps to manage risk to keep their insurance costs as low as possible. Many factors influence commercial insurance rates, and businesses need to be aware of them all. Since 2011, auto insurance premiums have […]
The Ultimate Guide to Insurance for Towing and Recovery Companies in 2023
No matter their size or industry, businesses require insurance. Towing and recovery are not exempt from this rule. Tow truck insurance is specifically tailored to address the needs and risks associated with a towing business. But as an operation that works with a fleet of commercial vehicles, towing providers need to deal with numerous challenges. They have […]
How Inflation Is Impacting Towing and Trucking Insurance in 2023
Inflation has become a serious problem for all industries, triggered by the onset of the COVID-19 pandemic. While it can be said that everyone was negatively impacted by the effects of the pandemic, the trucking industry has sustained a bigger blow since it was already dealing with such serious issues as an increase in gas […]
Ten Truck Driver Safety Topics To Cover In A Safety Meeting
When you think of the dangerous jobs in the US, trucking is probably not the first thing that comes to mind. However, truck driving is significantly more dangerous than most other industries in America, especially when safety is overlooked. Not only do truck drivers face numerous dangers on their own, but they also share a […]
The Impact Of Trucking Verdicts On The Industry: How To Avoid Negative Consequences
The American Transportation Research Institute (ATRI) has published two studies in 2020 and 2021 detailing the impact of trucking verdicts on the trucking industry. The first study, published in 2020, looked at all trucking verdicts over $10 million. The second study, published in 2021, looked at all trucking verdicts and settlement cases under $1 million. […]
