Friday, April 10, 2020

Trucking Insurance In The United States of America

The last thing you want is to find out in your hour of need that your insurance will not properly cover a loss that you’d expect it to cover because you went with the quickest and cheapest option.

Your trucking insurance broker will help, but you still need to know the coverages yourself. 
The bottom line is that your broker will be able to match you with the right insurer, but it’s up to you to ask the right questions and provide your broker with the right information about your business.

Only when your broker is armed with that information can he or she get you the best coverage with the right carrier.

Consider this: a travel agent can help set you up in a destination when you’re taking a vacation, but you would not just call a travel agency and say, “Send me to the cheapest place anywhere in the world; I don’t care where it is.”

More likely, you would have some idea of where you want to go and what you’d like to do while on vacation.

The travel agent would then help you plan the best experience that meets your expectations.

It’s the same with insurance. The coverages and services you need, and the company that can best provide them, will depend on your operation. And no one knows your operation better than you do....

For example, are you running a long-haul or local-radius operation? Insurers may specialize in one or the other, even if they happen to sell policies to both types of operations.