How to Select Truck Insurance Physical Damage Deductibles
Do You Know the Best Deductible Options? Short video on deductible options and strategy for how you handle your physical damage auto claims. Check out my website at https://www.shawnnhelpingtruckers.com For factoring/fuel cards check out https://www.rtsinc.com/agent-company/ As always, you can count on the commercial truck insurance professionals at The Daniel [...]
Commercial Vehicle Safety Alliance’s (CVSA) Brake Safety Week
Source: Commercial Vehicle Safety Alliance The Commercial Vehicle Safety Alliance’s (CVSA) Brake Safety Week is scheduled for August 21-27, 2022. Enforcement officials will inspect commercial motor vehicles throughout the week. Vehicles found to have critical out-of-service brake violations, or other critical vehicle out-of-service inspection item violations, will be restricted from [...]
Next Steps for Your Trucking Business After Receiving Your DOT Authority
Have You Gotten Your DOT Authority? Here are some initial things you can be working on after receiving your DOT authority: 1. Relationships with mechanics 2. Fuel cards/factoring RTS 3. ELDs KeepTruckin 4. MotorcarrierHQ for compliance tips and forms 5. Register with different freight boards-DAT 6. Network with freight brokers [...]
Expanding Your Trucking Business: Screening Drivers
Screening Drivers & its Effect on Insurance Premiums When it’s time it time to expand your trucking business, hire the right drivers makes a world of difference in your insurance premiums. Each insurance carrier rates your business differently in how they evaluate your risk. A lot of carriers give major [...]
10 Things a Trucker Can Do to Lower Insurance Costs
THINGS YOU CAN DO TO LOWER YOUR INSURANCE COSTS How do you cut your truck insurance rates as a motor carrier? While there is no specific formula to reduce the costs of insuring a fleet of trucks and their drivers, there are ways to impact your bottom line over [...]
Ask the Risk Manager: Loss Exposures
What Are Loss Exposures? There are several key risk management terms to understand when it comes to loss exposures. “Loss exposures are the possibilities of accidental losses with measurable financial consequences," according to Warren T. Hope, author of Introduction to Risk Management. There are four types of loss exposures that [...]
Insurance Advice When Applying For Operating Authority
Insurance Advice When Applying For Operating Authority One of the first steps in starting your trucking business is applying for authority through FMCSA. There is a 21-day vetting process before you can be granted authority. You actually have 90 days to bind your insurance coverage but a lot of companies [...]
How to Get Commercial Trucking Insurance for a New Trucking Company
New Trucking Company Commercial Insurance When you're starting a new trucking business, you'll first need to log onto FMCSA and apply for your DOT authority. There is a 21 day vetting process and you're authority will not be granted without public liability insurance federal filings and your BOC-3 forms. I'll [...]
7 Traits of a Professional and How They Improve the Workplace
7 TRAITS OF A PROFESSIONAL AND HOW THEY IMPROVE THE WORKPLACE Managing the space around the truck is challenging. From driving in congested traffic to navigating a crowded parking lot, truck drivers must constantly track the hazards around them to help prevent a collision. Read the information below and ask [...]
How to Start a Hot Shot Trucking Business
Starting a Hot Shot Trucking Business: Explained Today's video discusses those of you considering starting a hot shot trucking business. I walk you through the legal steps and what is required to receive your authority. There is a 21 day vetting process and your authority will not be granted without [...]