According to a recent Commercial Carrier Journal article, “Experts Share Strategies to Avoid ‘Death Spiral’ of Insurance Costs”, trucking companies must be able to demonstrate in court that management deeply cares about their safety program. The article is a summary of the Omnitracs Users Conference on February 17, 2020, and highlights advice provided by attorneys and trucking company executives.
Some of the key pieces of advice include:
- Understand the Reptile Strategy used by plaintiffs’ attorneys
- Highlight safety programs on your website and social media
- Proactively resolve data issues in your CSA Scores using the DataQ System
With a challenging trucking insurance market, it’s important to use all tools at your disposal to keep costs in check. As always, the trucking insurance professionals at The Daniel & Henry Company are here to help you understand what measures you can take to reduce risk and insurance costs. Please call us today at 1-877-406-5915 or email us at RuebsamJ@danielandhenry.com
