As a truck owner or operator, it can be tempting to cut corners and skip purchasing truck insurance in an effort to save money. Some may believe that they can operate safely without insurance or that the cost isn’t worth the potential risks. However, skipping truck insurance or opting for inadequate coverage could end up … Read more
When it comes to truck insurance, many owners fall victim to common myths that can end up draining their wallets. The trucking industry is filled with misconceptions about coverage types, pricing, and the value of having proper insurance. As a truck owner or operator, it’s crucial to separate fact from fiction to ensure you’re not … Read more
Trucking is a nationwide industry, but the reality is that state-specific trucking regulations have a significant impact on how trucking companies are insured and what they pay for coverage. Each state in the U.S. has its own set of rules and regulations governing commercial transportation, from licensing to safety inspections and environmental standards. These regulations … Read more
The rise of autonomous trucks—self-driving vehicles that operate without human intervention—has the potential to revolutionize the transportation and logistics industries. While the promise of increased efficiency, reduced costs, and safer roads is exciting, the shift toward automation is also reshaping the landscape of truck insurance. As autonomous vehicles become more common on the road, both … Read more
The trucking industry is one of the most heavily regulated sectors in the United States, with Hours of Service (HOS) regulations playing a critical role in ensuring the safety and well-being of drivers, as well as protecting public road safety. These regulations, enforced by the Federal Motor Carrier Safety Administration (FMCSA), govern how long commercial … Read more
In recent years, environmental regulations have become increasingly important in shaping the trucking industry. With governments around the world focusing on reducing emissions and improving sustainability, trucking companies are being required to adopt cleaner technologies and practices. These regulations, while essential for reducing environmental impact, are also having significant effects on the truck insurance market. … Read more
When it comes to managing a trucking business, one of the most important considerations is truck insurance. Trucking companies, whether small owner-operators or large fleets, rely on insurance to protect against a wide range of risks, from accidents to cargo damage. However, insurance premiums are not solely determined by the type of coverage a company … Read more
How ELD Mandates Are Shaping Truck Insurance Costs In recent years, the trucking industry has witnessed a significant regulatory shift with the introduction of Electronic Logging Device (ELD) mandates. These regulations, which require commercial motor vehicles (CMVs) to use electronic devices to log hours of service (HOS), have far-reaching implications for truck insurance costs. While … Read more
In today’s fast-paced trucking industry, technology is revolutionizing how businesses operate — not only in terms of efficiency and safety but also when it comes to insurance premiums. One of the most significant advancements in this area is telematics — a system that uses technology to monitor the performance of vehicles, driver behavior, and overall … Read more
For trucking companies, insurance is a necessary but often expensive part of doing business. From commercial truck insurance to cargo insurance and liability protection, the costs can quickly add up. But there’s a strategy that many trucking businesses overlook that can help them reduce insurance costs without sacrificing coverage: bundling insurance policies. Bundling involves purchasing … Read more