We are covering general news related to commercial trucking insurance, including things like riskiest cities, regulations, etc.
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…
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…
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…
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…
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,…
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…
Make sure that the carrier offers coverage levels that meet your specific insurance needs as it will impact your eligibility to haul certain cargo and can affect your bottom line.…
With more severe trucking accidents increasing in the last decade, the cost is passed on to trucking companies by increased insurance premiums. Federal law currently requires trucking companies to cover…
According to a March 29, 2022 survey from Bloomberg, 48% of investors expect the US to fall into recession sometime in 2023, 21% expect the downturn to happen in 2024,…
In our previous article discussing 4 Ways to Improve Your CAB Score, we said that the biggest issue carriers make when approaching insurance renewals is they assume they are writing…
