If you ever started a business before or investigated starting one, you already know it is not for the faint of heart. Getting into the trucking world is not any easier than starting any other business. Building a successful trucking operation doesn’t happen overnight and can take several years. There are several factors that go into it building a transportation business– and one of the major factors is insurance. Startups can grow to fleets as well as fall into the weeds. It is a complicated industry to venture into as a new business owner, so there are a few things that truckers striking out on their own need to know.
transportation insurance
As a truck driver, you’re responsible for providing vehicles, protecting cargo, and keeping the roads safe for one and all. That is why it is important to have transportation insurance, which insures the goods that are in transit from one location to another.
Commercial vehicles come in all different shapes in sizes. It is crucial to pick the right coverage for your type of vehicle along with the right amount.
In this article, we will discuss how to properly insure a transportation company and how to keep costs low. Transportation insurance costs can be expensive, that is why we will talk about how to afford the coverage you have.
An interview with Tommy Ruke, founder of the MCIEF
The transportation insurance world is complex. There’s a lot for insurance carriers to learn if they want to provide insurance coverage for motor carriers. With all the knowledge that needs to be learned, there has to be a way for agents, agencies, and even carriers to learn it. That’s where the Motor Carrier Insurance Education Foundation (MCIEF) can be a big help. We talked with Tommy Ruke, the founder of the MCIEF, to find out about how he got his start in the transportation insurance world and learn more about the MCIEF.
Growing your towing business? Here’s what you need to know.
If you’ve got a tow truck business, you’re probably eager to see that business grow over time. And to do that, you want to get more trucks and more drivers. You really want your business to thrive, but there are a few things to consider as you work to grow your towing business. Here are six tips to think about as you’re expanding your business.
An insurance look: Box truck overturns in Florida
When you work in the trucking world, wrecks happen. And they can happen to anyone, no matter how experienced the driver. No trucker wants to experience a crash, but it’s important to be prepared with the right insurance coverages. We’ll take a look at how insurance can come into play by looking at a news story about a box truck.
How to get dump truck insurance
If you have a dump truck business, you’ve got lots on your plate. Running a business isn’t easy, and one thing that you need to consider is your insurance. It’s crucial that you protect your business financially, after all. Maybe you’re wondering how to get dump truck insurance. Not to worry – we’ll explain! And good news – we can make the insurance process easy.
An insurance look: Dump truck collides with school bus
Whenever the words “school bus” and “wreck” are in the same sentence, it’s scary. A school bus is supposed to be a safe place, a secure way to transport children to and from school. But unfortunately, that doesn’t mean they’re immune to crashes, much as we wish they were. Thankfully, in the wreck we’re going to take a look at in this article, no children were on the bus at the time of the crash and the adults involved experienced only minor injuries. We’re glad to hear that there were no severe injuries as a result of the dump truck and school bus crash. Let’s take a look at how insurance could come into play with this accident.
An insurance look: Semi-truck in Los Angeles explodes
So, usually, we have a little introduction to articles where we take a real-life news story and examine it from an insurance angle. But with this one, it seems easier just to dive into the “what happened” section. Basically, a semi-truck exploded.
An insurance look: 4 trucks burn at Indiana truck stop
No truck driver wants to consider the possibility of their rig bursting into flames. But, unfortunately, it happens. Fire can be very destructive, and it can gobble up a truck with no problem. The thought of your loyal truck on fire is a scary one. But that’s exactly what happened to four truck drivers last week at an Indiana truck stop.
High winds in Amarillo, Texas toppled semi-trucks
Last week, Oklahoma and Texas experienced some extreme weather – to put it mildly. There were high winds reaching sustained speeds of 67 miles per hour, and the highest wind gust clocked 84 miles per hour. The wind in Texas was so strong that it ripped trees from the ground, downed powerlines, blew roofs off of houses, and damaged buildings.
It even toppled a few semi-trucks, this one among them.
4 flatbed truck insurance coverages to consider
If you have flatbed trucks, you spend a lot of hours on the road – and let’s face it, the road isn’t always the safest workplace. Whether you’ve got a couple of trucks or you manage a fleet, it’s important to make sure that your trucks are protected by the right flatbed truck insurance. But that begs the question – what insurance do you need for a flatbed truck? We’re going to go over four coverages you can consider for your business.