Commercial truck insurance is one of the first things you need to think about as an owner-operator. Not only is insurance a requirement, but it will help protect you and your business if something goes wrong. It’s also an important step in applying for your own trucking authority. One of the first things you should
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Cargo insurance claims are, unfortunately, a normal part of business. No matter how efficient an operation you’re running, human error, accidents, even theft mean risks and claims can never be fully eliminated. Many insurance policies leave brokers wondering how much will be paid out in the event of a claim, and how much it will
When you think about the many threats to your brokerage, competition, market fluctuation, employee turnover, and several others may come to mind. However, one of the largest threats to the success of your business is financial loss because of insufficient insurance coverage. While there’s no way to completely avoid risk, there are ways to minimize
Look twice; that cargo deductible could be higher than you thought. One step to include when vetting a potential carrier partner is to verify the deductible amount on their cargo policy. We’re seeing an increased use of cargo policies which carry a significantly higher deductible than the standard $1,000 per occurrence. A deductible of $5,000