How To Temporarily Shut Down Your Trucking Company
With trucking jobs evaporating and fears of a deep 2023 recession, many owner-operators and small fleets may be struggling. In the past year alone, we are seeing a high amount…
4 Ways to Improve Your Insurance CAB Score
https://www.youtube.com/watch?v=CAbtTHEJ6PA Your insurance CAB report that underwriters use include tons of available date online that is compiled together and a score is created based on how many red flags your…
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…
ATRI Driver Camera Survey Will Gather Trucker’s Opinions on Safety and Privacy
Accidents will inevitably happen, but proactive safety is vital in proving you are taking safety precautions to prevent accidents from happening. But some safety technology raises concerns about driver privacy.…
What is a Garaging Address and Why is it Important for Trucking Insurance?
When carriers go through the process of receiving a commercial trucking insurance quote, the insurance agent will ask for all vehicle’s garaging location. The term “garaging address” is just where…
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 is a Freight Broker? FMCSA Reviewing Definition
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 is considering everything. In a notice that…
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,…
