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 [...]
How Can I Get Better at Receiving Feedback from Others?
HOW CAN I GET BETTER AT RECEIVING FEEDBACK FROM OTHERS? Recognizing the need to gather feedback from employees, peers, and customers is your first step to improving communications. The most important thing you can do is be approachable. If someone offers feedback, he or she is doing so for a [...]
VIDEO: Lessons Learned from a Road Team Captain
VIDEO: LESSONS LEARNED FROM A ROAD TEAM CAPTAIN Great West recently had the privilege of hosting two drivers from the American Trucking Associations' America's Road Team. The drivers got a chance to show off their custom tractor-trailer and talk about the importance of professional truck drivers. We spoke with longtime driver [...]
What is Progressive’s Smart Haul Discount?
Progressive's Smart Haul Discount Explained Here is a short video explaining how you can leverage your ELD data with a discount with Progressive insurance “smart haul” program! Smart Haul® gives eligible for-hire truckers using an electronic logging device (ELD) the opportunity to save on their Progressive commercial truck policy [...]
Tips for Truckers to Monitor Road Hazards While You Drive
MONITORING ROAD HAZARDS AS YOU DRIVE 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 yourself how you can improve [...]
4 Tips to Make Your Trucking Safety Meeting More Effective
HOW CAN I MAKE MY SAFETY MEETINGS MORE EFFECTIVE? Gathering drivers, dispatchers, and other members of the operations team together for a safety meeting is an opportunity that cannot be squandered. The cost and logistics of getting everyone together is formidable, so using this time wisely is essential. Below [...]