When the world shut down and went virtual in 2020, there were a lot of creative people that had to come up with alternate ways of doing business. The construction industry was hit particularly hard and so the creative minds of that industry came up with new ways of doing business. With the advent of new technologies and innovations in the construction industry, ways of getting projects done faster, safer, and more effectively emerged and have become the future of the construction industry.
Transportation
If your business is a part of the transportation industry, you know how hard it can be to get the right insurance to protect you. There are plenty of risks that you face every day on the road. When you send out your trucks you need to know that they’re protected with the right insurance coverage. Here at InsuranceHub, we specialize in transportation insurance. We’ll help you manage your risks and customize an insurance plan that fulfills all of your company’s needs.
We’ve dedicated a section of our blog to transportation-related articles to help you protect everything you’ve worked so hard to build. Feel free to click through and read at your leisure. We enjoy passing along insurance information and safety tips that will help transportation companies just like yours be prepared. Armed with knowledge and a great insurance plan, you’ll be able to hit the road with confidence.
How to Combat Truck Driver Turnover
Truck driver turnover is common in the transportation industry. This is an issue for many motor carriers; more than 80% of fleets report high turnover rates. Because all these drivers are choosing to leave, these companies are forced to hire new drivers regularly. This process is becoming both time-consuming and costly in the long run.
Truck drivers who are currently employed are leaving their jobs in search of better wages, perks, and working conditions because they feel underpaid and underappreciated. Therefore, truck driver turnover remains a major concern for many, and some companies have devised solutions to address the issue.
Throughout this article, we’ll discuss some strategies for lowering your high levels of turnover. Let’s get started!
How To Save on Cargo Insurance Rates
Cargo insurance protects the goods you transport, so if you suffer a loss such as theft, fire, crash, or collision that damages your shipment, you’ll be protected. Additionally, it’ll cover the expense of removing debris from roadways, which is beneficial because these costs can be quite high. Also, it’ll help with the funds needed to prevent additional damage to the cargo in question, as well as any legal defense costs that may arise.
As you can see, cargo insurance is a necessity. However, that doesn’t mean it’s a cheap expense. When shopping around for affordable cargo insurance, there are certain things you can do to save on your rates.
What’s the Difference between Non-Trucking Liability and Bobtail Insurance?
Regardless of whether you’re an owner-operator or independent contractor, it’s critical to have adequate truck insurance. Despite the safety measures and training requirements you’ve put in place, operating a commercial motor vehicle is considered a high-risk profession. Therefore, you must take proactive measures to safeguard your trucking business.
Tips for Long Distance Trucking
Truckers who deliver freight over long distances have a lot of responsibility on their shoulders. They experience several challenges on the road besides just traffic and bad weather, many spend countless hours on the road leading to fatigue and various health problems. Not to mention, they may spend weeks at a time on the road which can be very lonesome.
To be a long-haul truck driver, you need the necessary skills and patience to succeed. Here are some helpful tips to survive long-distance trucking.
How Safety Programs Can Lower Truck Insurance Costs
With help from safety programs, you can save your company money, improve productivity, and increase employee morale on the road.
Loading Safety Tips for Flatbed Drivers
All drivers should be properly trained to handle each kind of vehicle they drive; however, flatbed truck drivers have special safety concerns because of the open nature of the vehicle. Because flatbed trucks tend to carry larger, more irregularly shaped commodities and because there is little protection keeping the load stable, you should be placing extra emphasis on making sure flatbed loads are tied down and secure.
In this article, we’ll discuss the importance of load securement as well as some helpful tips for flatbed truck drivers.
A Guide to Hot Shot Insurance Coverage
A hot shot truck is used to transport items that are too large to fit in a conventional semi truck. Animals, farming equipment, construction materials, and automobiles are examples of such items. Traditionally, this freight is transported over short distances and for individual clients.
If you wish to work in the hot shot transport industry, you’ve reached the right place! This article will go over the basics of hot shot insurance coverage. Let’s get started!
What to Know about Truck Insurance Filings
If you’re in the transportation business then you need to adhere to federal and state insurance requirements. The Surface Transportation Board and the Federal Motor Carrier Safety Administration are federal agencies that regulate and oversee interstate commerce. The purpose of these agencies is to prevent commercial motor vehicle crashes by enforcing safety regulations, improving information systems, and targeting high-risk drivers.
As I’m sure you know, truck-related crashes are occurring pretty frequently and they’re costing insurance carriers millions a year. This is the reason truck insurance rates have been rising astronomically over the past several decades. So, despite this, adequate insurance coverage is needed to protect your drivers, your business, and the general public.
In this article, we’ll discuss the requirements for state and federal insurance filings. Let’s get started!
The Difference Between Intrastate vs. Interstate Trucking
If you have a trucking business, your vehicles cover a lot of ground. Sometimes that ground is within the borders of one state, or sometimes that ground takes truckers through multiple states (or even countries). So – with that in mind, there are a couple of words that are often tossed around in the trucking world: intrastate vs. interstate. What’s the difference? Aside from the definition, what differentiates an intrastate business from an interstate business? We’ll explain the differences between intrastate vs. interstate in trucking so you can choose the right trucking authority package for you.