There’s a tremendous glamor to the idea of trucking. Driving across the country, seeing new places on a regular basis, being in a number of ways, your own boss. There are very few people this lifestyle doesn’t appeal to on a regular basis. Commercial trucking is all that certainly, but it’s also hard work and whether you’re an owner or a driver, commercial truck insurance rates can be the kind of thing that drives the fun right out of the whole adventure.
What do you need to do to get the best rates?
Of course, being or having drivers with excellent driving records is the most critical step, but that’s sometimes easier said than done. You hire the best people you can, or if you’re an owner/operator, do the best you can, but life happens. Even if the accident is someone else’s fault and/or completely unavoidable, this can impact your rates. Especially if you’re with the wrong company. Commercial drivers are held to higher standards than “regular” drivers, because they’re carrying huge loads at speed down the freeways, that makes sense. But that doesn’t mean they should get gouged on insurance rates.
So, in addition to keeping good driving records, what else do you need to do?
Does vehicle condition matter?
Commercial truck insurance rates aren’t just based on driving records. Poorly maintained vehicles not only cost more in repairs, they present a higher risk for accidents and will ultimately need more expensive repairs. Vehicle maintenance is critical and will help keep your rates down. And with the right insurer, you’ll be able to afford more prompt and preventative care.
The same goes for permits. There’s a saying “it’s easier to ask for forgiveness than permission.” This isn’t true in the commercial truck business. It’s far more expensive to ask for forgiveness and sometimes even then you don’t get it. Being certain that you have a running vehicle and solid documentation will save you time and trouble and increased insurance rates.
What’s the most important thing to keep rates low?
Finding the right insurer. This is someone who will work with you and find a policy that fits your individual needs. Some commercial trucks need one thing, some another. What you’re transporting, where you’re going, what kind of permits are required, all of these are crucial and what a good agent is trained to help you with. They can assist you in being fully informed about your or your company’s needs, as well as getting it all done in the least expensive way possible, without cutting vital corners.
So, What’s next?
Regulations vary from state to state and no insurance policy is identical to any other. And the myriad of things you can have covered means you don’t have to pay for too much coverage, you can tailor it to your specific risks. Our coverages include:
Trucking Insurance USA specializes in a wide variety of coverage’s including: