Does Insurance Cover Computer modules (CPCs) Stolen from Trucks?
Think you only have to worry about cargo theft? Think again! With used vehicle prices so high and supply chain issues still running rampant, theft of vehicle catalytic converters and…
We are covering general news related to commercial trucking insurance, including things like riskiest cities, regulations, etc.
Tesla Semi Deliveries Begin as Insurers Wait To Offer Guidance
https://youtu.be/LtOqU2o81iI?t=705 After a three-year production delay, Tesla semi production began in October 2022 and just helped a delivery event for PepsiCo on Dec 1st. This is after battery constraints, parts…
FMCSA Redefines Freight Broker and Bona Fide Agents
When should a dispatch service be considered a bona fide agent? What role do bona fide agents play in the transportation of freight? The FMCSA has considered stakeholder comments and…
Underwriters Want Carriers to Prove their Ability to Resolve Claims Quickly
The reason we have insurance is because accidents are an inevitable part of the business and it’s important to be prepared. While making sure you are covered properly is critical…
Insurance Shines While 2021 ATRI Report Finds Costliest Year Ever in Trucking
With the rise in fuel costs, supply chain issues, and the risk of uncontrollable inflation, trucking saw a 12.7% increase in average operation costs, hitting $1.855 per mile, the costliest…
What Is A Freight Claim And How Does It Affect Insurance Rates?
A freight claim is a breach of contract claim that the shipper or consignee can make against the transporter or carrier for damage, loss, or shortage. Basically, the contract between…
What ATRI Report Says About Insurance Barriers of Young Truck Drivers
Seventy-three percent of younger drivers were introduced to trucking through a family member in the industry In July, the American Transportation Research Institute (ATRI) released a new report that investigates…
Complete Guide on How Location Affects Trucking Insurance Rates
As the old adage goes, “location, location, location.” Where you choose to start your trucking company could save you thousands on insurance. In a previous article, we discussed the underwriter…
What Insurance Do I Need for My Food Truck or Food Trailer Business?
Starting a new food truck business can be tricky, but your insurance coverage doesn’t have to be. Food trucks are delicious and comes in many forms, from mobile catering, concession,…
2021 Estimated Truck Crash Fatalities Jump 13% in Midst of the Pandemic
The 2021 projections represent the highest number of motor vehicle fatalities since 2005 and the highest annual percentage increase in the recorded history of data in the Fatality Analysis Reporting…
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