As a motor carrier, you’re probably familiar with the FMCSA, and by extension, you know about the Safety Measurement System (SMS). You know that the FMCSA oversees motor carriers and safety. They intervene with carriers when their safety record gets below a certain standard. But as a motor carrier, you might wonder when the SMS stops identifying a carrier for intervention. We’ll explain what the SMS is, how it gets its data, and when they stop intervention.
Business Insurance
Your business is unique and you face your own specific risks and dangers, but we can help make sure you’re protected. Every business needs a business insurance policy that’s customized specifically for its needs. At InsuranceHub, we believe in creating a policy that’s built with your business in mind. We know that insurance can get complicated. So, one of our goals is to make the process as easy as possible.
We want to be more than just an insurance company to you. Whether you need a business owner’s policy, general liability, or property insurance, InsuranceHub is here to help. Each of these types of coverages does something different, but we’ll help you figure out which ones are right for you. You’ve worked really hard to build your business, so let us help you protect it.
Losing rental income due to coronavirus?
As we find ourselves in the middle of the coronavirus pandemic, a lot of questions are coming up in the insurance world with regards to whether insurance policies can provide any relief to landlords for the tenant’s inability to pay. It’s unfortunately quite sobering to think of how many people have lost their jobs due to the current coronavirus pandemic. To date, unemployment claims in the United States are nearing 17 million, so it’s best to be prepared for an increasingly likely scenario in which your tenant cannot pay their rent. Would insurance cover this loss of rental income, and if so, what coverage would be needed? For landlords, it’s important to understand what is and is not covered – and why.
How InsuranceHub can help your trucking business during COVID-19
We’re living through a very stressful and worrying time as the COVID-19 pandemic continues. The state of the country has been affecting many small businesses, trucking and towing businesses included. Here at InsuranceHub, we’ve been monitoring the coronavirus situation closely and working to find solutions that can alleviate the financial strain for our transportation insurance customers. We know that this is an extremely stressful time, and we want to help. Here are a few questions we’ll consider to see if we can be of assistance.
What is the Federal Motor Carrier Safety Administration (FMCSA)?
Truckers and motor carriers are subject to a lot of regulations and a lot of rules. The FMCSA is the government entity that motor carriers have to know about, as it’s responsible for overseeing safety for commercial motor vehicles. So, FMCSA is a big deal in the trucking world, but why? It’s helpful to know exactly what the FMCSA does and the role it plays in the grand scheme of trucking. Here’s how that works.
Why do I need workers’ comp for my business?
If you have a small business, you might wonder about workers’ compensation insurance. It’s one of the coverages that comes up a lot when business insurance becomes the topic of conversation. What’s the big deal about workers’ comp insurance? Why do you as a small business need workers’ compensation insurance? We’re going to explain what workers’ comp does and explain why it’s so important for small businesses to have it.
Trucking and the COVID-19 outbreak
The outbreak of coronavirus (COVID-19) has plunged the country into a time of uncertainty, fear, and anxiety. As stores, school districts, restaurants, and other businesses close in an effort to slow the spread of the illness, people around the world are staying inside and doing their best to engage in “social distancing.”
What is the Driver Fitness BASIC?
There are a lot of regulations that truckers have to follow, and the FMCSA has a Safety Measurement System (SMS) that includes seven BASICs. The BASICs address different safety areas for trucking businesses. One of those categories concerns the fitness of drivers to operate commercial vehicles. It’s called, quite appropriately, the Driver Fitness BASIC. We’ll explain what this BASIC is, how it’s measured, and how motor carriers can improve in this safety category.
Can I be reimbursed if my business loses income due to coronavirus?
There has been a lot in the news about the coronavirus (COVID-19). You’ve probably heard many different stats, stories, and warnings about it. Since the coronavirus has been affecting multiple countries worldwide, small businesses may be concerned about what would happen if their supply or inventory was cut off. Small businesses may also be concerned about other effects of the coronavirus – for example, if COVID-19 hit their area and they had to close. It’s a little complicated. We’ll explain what you as a small business should know.
What truck businesses should know about Clearinghouse queries
Clearinghouse is still big news in the trucking world. There are a lot of parts to it and aspects about it that anyone who employs CDL or CLP drivers needs to understand. One of these things is Clearinghouse queries. Trucking employers are going to have to query the Clearinghouse about their drivers, but what exactly does that mean? We’ll explain what queries are and go over what you need to know about querying the Clearinghouse.
Don’t let your DOT Number work against you
With trucking insurance, your DOT Number can make or break you. There are a lot of factors that go into insurance rates, but your DOT score can play a major part. Out-of-service orders and issues in SAFER listings can cause trouble for trucking businesses. Here are a few considerations so that you can ensure that your DOT Number isn’t working against you.