Trucking Insurance Promotional Video in English |
Video Promocional de Seguros de Camiones en Español
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What Is Commercial Truck Insurance And How Much Will It Cost You?
Every business has specific needs and specific needs require specific insurance. For trucking businesses, businesses with trucks, or independent truck drivers, commercial truck insurance is a tailored policy that addresses trucking risks. No matter how many trucks you have on the road, this insurance will help protect you, your business, and your vehicles. If you are an owner-operator, you will want to find the perfect truck insurance, and arming yourself with knowledge is the first place to start.
Our agents will take the time to explain coverage options and walk you through types and choices. Call us during your next truck stop or visit our website to apply for a Quick Quote.
Every business has specific needs and specific needs require specific insurance. For trucking businesses, businesses with trucks, or independent truck drivers, commercial truck insurance is a tailored policy that addresses trucking risks. No matter how many trucks you have on the road, this insurance will help protect you, your business, and your vehicles. If you are an owner-operator, you will want to find the perfect truck insurance, and arming yourself with knowledge is the first place to start.
Our agents will take the time to explain coverage options and walk you through types and choices. Call us during your next truck stop or visit our website to apply for a Quick Quote.
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Commercial Truck Insurance vs Commercial Auto Insurance.
Trucking is different than driving around the city in a work van. Drivers often haul a large amount of merchandise or materials, across state lines, for long hours. The Federal Motor Carrier Safety Administration, also known as F M C S A, the governing body over trucking, requires certain insurance minimums needed by owners before their trucks can even hit the road. Drivers must prove they have a minimum of primary truck insurance to be approved by the F M C S A.
Why would not a commercial auto policy cut it? Well, the trucking world ultimately has different day-to-day risks than cars, vans, and for-hire. Truckers need truck insurance, not commercial auto. Otherwise, truck drivers might find themselves vastly under-insured under a commercial auto plan (or unable to get behind the wheel at all).
Our agents will take the time to explain coverage options and walk you through types and choices. Call us during your next truck stop or visit our website to apply for a Quick Quote.
Trucking is different than driving around the city in a work van. Drivers often haul a large amount of merchandise or materials, across state lines, for long hours. The Federal Motor Carrier Safety Administration, also known as F M C S A, the governing body over trucking, requires certain insurance minimums needed by owners before their trucks can even hit the road. Drivers must prove they have a minimum of primary truck insurance to be approved by the F M C S A.
Why would not a commercial auto policy cut it? Well, the trucking world ultimately has different day-to-day risks than cars, vans, and for-hire. Truckers need truck insurance, not commercial auto. Otherwise, truck drivers might find themselves vastly under-insured under a commercial auto plan (or unable to get behind the wheel at all).
Our agents will take the time to explain coverage options and walk you through types and choices. Call us during your next truck stop or visit our website to apply for a Quick Quote.
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Additional Types Of Commercial Truck Insurance
As stated in other videos, primary liability truck insurance and general liability truck insurance are the basic requirements needed to drive and follow the rules set by the Federal Motor Carrier Safety Administration (F M C S A). Let us revisit those again and outline other possible truck insurance policies that are available through Commercial Truck Insurance:
Primary Liability Truck Insurance
This is needed insurance for anyone who wants to get behind the wheel of a truck. It protects the people and things that are hurt if your truck causes an accident.
General Liability Truck Insurance
Will pay for the damage done to someone on your property or someone’s property while your truck is present. Also covers lawsuits involving libel, slander, and false advertising.
Physical Damage Coverage
This is the policy you will need to cover the damage done to your own truck and equipment in the event of an accident or a disaster. (Similar to the “Blue Book” replacement costs.)
Motor Truck Cargo Insurance
If you suffer cargo damage through accident, disaster, or getting stranded in an ice storm or traffic jam, this insurance endorsement will protect your commodities.
Uninsured/Underinsurance Motorists Coverage
If you only have liability insurance and someone without insurance is involved in an accident with you, you may end up being left without a truck or a business if you need to pay those expenses out-of-pocket. The current data says that one in eight drivers on the road is uninsured. (And in some states — I am looking at you Florida — that rate is over twenty five percent.) This helps you if the person is either uninsured or under-insured for the accident.
Reefer Breakdown Coverage
A refrigerated truck might have its own equipment and mechanisms to worry about. This specific endorsement to a trucking insurance policy would cover the cost of lost cargo, refrigeration breakdown, or damage of product due to a collision. (Sometimes insurance policies have exclusions. The most seen products excluded from coverage are frozen foods, seafood, tobacco products.)
Our agents will take the time to explain coverage options and walk you through types and choices. Call us during your next truck stop or visit our website to apply for a Quick Quote.
As stated in other videos, primary liability truck insurance and general liability truck insurance are the basic requirements needed to drive and follow the rules set by the Federal Motor Carrier Safety Administration (F M C S A). Let us revisit those again and outline other possible truck insurance policies that are available through Commercial Truck Insurance:
Primary Liability Truck Insurance
This is needed insurance for anyone who wants to get behind the wheel of a truck. It protects the people and things that are hurt if your truck causes an accident.
General Liability Truck Insurance
Will pay for the damage done to someone on your property or someone’s property while your truck is present. Also covers lawsuits involving libel, slander, and false advertising.
Physical Damage Coverage
This is the policy you will need to cover the damage done to your own truck and equipment in the event of an accident or a disaster. (Similar to the “Blue Book” replacement costs.)
Motor Truck Cargo Insurance
If you suffer cargo damage through accident, disaster, or getting stranded in an ice storm or traffic jam, this insurance endorsement will protect your commodities.
Uninsured/Underinsurance Motorists Coverage
If you only have liability insurance and someone without insurance is involved in an accident with you, you may end up being left without a truck or a business if you need to pay those expenses out-of-pocket. The current data says that one in eight drivers on the road is uninsured. (And in some states — I am looking at you Florida — that rate is over twenty five percent.) This helps you if the person is either uninsured or under-insured for the accident.
Reefer Breakdown Coverage
A refrigerated truck might have its own equipment and mechanisms to worry about. This specific endorsement to a trucking insurance policy would cover the cost of lost cargo, refrigeration breakdown, or damage of product due to a collision. (Sometimes insurance policies have exclusions. The most seen products excluded from coverage are frozen foods, seafood, tobacco products.)
Our agents will take the time to explain coverage options and walk you through types and choices. Call us during your next truck stop or visit our website to apply for a Quick Quote.
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How Much Does Commercial Truck Insurance Cost?
Truck insurance costs will vary depending on your need, and it is important to understand that commercial truck policies are not cheap.
An owner-operator looking for primary liability coverage for his or her employees is looking at an average of five thousand to seven thousand dollars each year in premium charges.
That is the cost paid to the insurance company before deductibles.
Adding endorsements will increase that premium.
Some other factors that may affect your insurance costs are:
Age, Driving record, The age and condition of your equipment, the types of things you haul, State requirements, how far your drivers are driving, and so forth.
Our agents will take the time to explain coverage options and walk you through types and choices.
Call us during your next truck stop or visit our website to apply for a Quick Quote.
Truck insurance costs will vary depending on your need, and it is important to understand that commercial truck policies are not cheap.
An owner-operator looking for primary liability coverage for his or her employees is looking at an average of five thousand to seven thousand dollars each year in premium charges.
That is the cost paid to the insurance company before deductibles.
Adding endorsements will increase that premium.
Some other factors that may affect your insurance costs are:
Age, Driving record, The age and condition of your equipment, the types of things you haul, State requirements, how far your drivers are driving, and so forth.
Our agents will take the time to explain coverage options and walk you through types and choices.
Call us during your next truck stop or visit our website to apply for a Quick Quote.
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#1 - Risk Overview#3 - Building, Business Personal Property & Business Income#5 - Employee Dishonesty, Money & Securities and Extortion#7 - Employee Benefits & Commercial Umbrella#9 - Workers Compensation |
#2 - General Information#4 - Inland Marine#6 - General Liability#8 - Business Automobile
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Examining A Risk In More Detail
Another important reason is to gain enough knowledge to decide where the broader risk is still acceptable. Asking the right questions of a prospect or current client is a critical way to be aware of the total exposure presented by its operations. Ignorance of what risks are created by a client’s work is not a shield against legal responsibility for injury or damage caused to others. So, ask plenty of questions.
Click here to see how a questionnaire permits exploration for information that helps identify contractual risks that may need to be addressed. It’s from the Risk Survey – Commercial.
Another important reason is to gain enough knowledge to decide where the broader risk is still acceptable. Asking the right questions of a prospect or current client is a critical way to be aware of the total exposure presented by its operations. Ignorance of what risks are created by a client’s work is not a shield against legal responsibility for injury or damage caused to others. So, ask plenty of questions.
Click here to see how a questionnaire permits exploration for information that helps identify contractual risks that may need to be addressed. It’s from the Risk Survey – Commercial.
A bull may have good qualities, but you will never bring them out by waving a red flag in his face.
Arousing others is easy — if you don’t care what kind of action you inspire. If you wish to create a positive response in others, you do so by example and through the art of gentle persuasion, not by daring them to attack. When you work with others, concentrate on their positive attributes, not on the things they dislike or fear. When you take the time to get to know your associates, to learn about their hopes, dreams, and aspirations, you can determine what motivates them. You can then show them how they can align their goals with yours to work together for your mutual advantage. When you do, everybody wins.
Arousing others is easy — if you don’t care what kind of action you inspire. If you wish to create a positive response in others, you do so by example and through the art of gentle persuasion, not by daring them to attack. When you work with others, concentrate on their positive attributes, not on the things they dislike or fear. When you take the time to get to know your associates, to learn about their hopes, dreams, and aspirations, you can determine what motivates them. You can then show them how they can align their goals with yours to work together for your mutual advantage. When you do, everybody wins.
Offer results, not alibis.
There are many people who — perhaps with the best of intentions — make promises they somehow never get around to keeping. These folks have usually developed a number of perfectly plausible explanations for not meeting their commitments; they have become experts at explaining away their failures. Successful people, though, are those who accept responsibility for their lives. They know that talk is cheap; actions are all that really matter. The world is waiting for men and women who seek the opportunity to render real service — the kind of service that lightens the burdens of their neighbors, the kind of service that 95 percent of people do not render because they do not understand it. When you provide a truly useful service, enthusiastically and in a spirit of genuine helpfulness, success will automatically follow. The world seeks out such individuals and rewards them accordingly.
There are many people who — perhaps with the best of intentions — make promises they somehow never get around to keeping. These folks have usually developed a number of perfectly plausible explanations for not meeting their commitments; they have become experts at explaining away their failures. Successful people, though, are those who accept responsibility for their lives. They know that talk is cheap; actions are all that really matter. The world is waiting for men and women who seek the opportunity to render real service — the kind of service that lightens the burdens of their neighbors, the kind of service that 95 percent of people do not render because they do not understand it. When you provide a truly useful service, enthusiastically and in a spirit of genuine helpfulness, success will automatically follow. The world seeks out such individuals and rewards them accordingly.
The two kinds of people who never get ahead are those who will not do what they are told and those who do only what they are told.
It’s hard to say which would be more discouraging: drifting from job to job because you’re always the first to be laid off, or laboring in monotonous obscurity at the same job. The first results from not doing what you are told to do, the second from doing only what you are told to do. You can “get by” for a time following either approach, but you will never get ahead. Personal initiative is more important in today’s enlightened, high-tech workplace than it was during the Industrial Age, when the ability to follow orders was a critical skill. As technology makes many supervisory functions obsolete, every one of us is expected to do more with less, determine what needs to be done, and do it. Don’t wait to be told. Know your company and your job so well that you can anticipate what needs to be done — then do it! Stop explaining and start doing!
It’s hard to say which would be more discouraging: drifting from job to job because you’re always the first to be laid off, or laboring in monotonous obscurity at the same job. The first results from not doing what you are told to do, the second from doing only what you are told to do. You can “get by” for a time following either approach, but you will never get ahead. Personal initiative is more important in today’s enlightened, high-tech workplace than it was during the Industrial Age, when the ability to follow orders was a critical skill. As technology makes many supervisory functions obsolete, every one of us is expected to do more with less, determine what needs to be done, and do it. Don’t wait to be told. Know your company and your job so well that you can anticipate what needs to be done — then do it! Stop explaining and start doing!
