When planning to start a commercial trucking company as an owner-operator, you want to follow the right steps to set up your truck company seamlessly. It takes a few steps to get fully started if you already have experience in commercial trucking and hauling. The requirements vary per state, so it is imperative to focus on your state laws when setting up an owner-operator trucking […]
Bobtail Insurance
The 10 Types of Commercial Truck Insurance and their Requirements
Are you an investor or venturing into the commercial trucking industry and seeking a reputable insurance service provider? Do you know the different types of commercial truck insurance and their requirements? Commercial truck insurance is a legal requirement for any small business or owner-operator providing trucking services. Insurance coverage is one of the most expensive costs for truck owners. The premiums need significant upfront cash and […]
Everything You Ought To Know About Buying Commercial Truck Insurance
An accident or a lawsuit can devastate your trucking business. Companies need protection against unexpected conditions with effective insurance coverage matching owner-operator truckers’ risks. As an owner-operator, you may think you can leave everything that has to do with insurance to your broker; this is not the best thing to do if you want to maximize the protection of your trucking business. Primary liability coverage […]
Are You Ready to Retire as a Owner Operator?
Whether you are just getting started or you have been driving a truck for twenty or thirty years, you should be thinking about your retirement. This is especially true if you are an owner operator. You don’t have an employer who is helping to keep you in line and ready to retire. So, how can you tell if you are ready to retire (or if […]
Commercial Truck or Owner Operator Truck Insurance – Requirements, Types, Cost Considerations
Operating a commercial trucking company or being an independent truck owner/operator is an enterprise open to both opportunity and challenge. One of the most important considerations for an owner/operator or the administrator of a large trucking company is locating and selecting the best insurance to cover all the risks facing their particular enterprise at a cost that’s manageable. Whether you’re new to the trucking industry, […]
The Specifics of Commercial Truck Insurance and Bobtail Insurance
Commercial truck insurance is a well-packaged group of specified insurance policies designed to meet trucking business specifications. Unlike common commercial insurance covering the vehicle only in the occurrence of a calamity such as an accident, commercial truck insurance covers a range of perils. It not only covers when damages occur, but specialized commercial insurance extends to the cargo. Commercial truck insurance is quite dynamic to […]
Understanding the Complexity of Bobtail Insurance
Due to the seemingly complex nature of commercial truck insurance, there are many myths and misconceptions being passed around about the different options and coverage. One of the most misunderstood aspects of commercial truck insurance is bobtail insurance. Some of the conversations surrounding bobtail insurance may contain truthful information, but some of those conversations do not contain true statements. We understand it can be very […]
When Would I Be Covered By Bobtail Insurance?
Many truckers have bobtail insurance or they believe they have it. The coverage of bobtail insurance will provide a distinctive form of commercial auto liability coverage. In the trucking industry, owner-operators are leased to motor carriers. If a trucker starts his/her career leasing onto another motor carrier, this will often be a good way to learn the trucking business. What does it mean to lease with […]
Georgia Trucker Insurance News: Driver Goes to Prison for Dumping Diesel
Georgia Trucker Insurance News: Driver Goes to Federal Prison for Dumping Diesel in Creek On December 16, 2019, CDL Life Magazine reported that per Georgia state authorities, a truck driver pled guilty to illegally dumping thousands of gallons of diesel fuel into a creek, and was sentenced to serve 18 months in federal prison. From an insurance perspective, this sort of activity is harmful all around! From the […]
Bobtail Insurance Is Not The Same As Non-Trucking Liability
Do you drive your semi-truck with no trailer attached to the back? If you answered “yes”, you will need to have bobtail insurance. What does bobtail insurance pay for? Bobtail insurance will cover any damages that occur during the time the trailer is not attached to the truck. If you have to drop off a load in North Carolina and pick up another load in […]