Commercial truck insurance is critical to running a trucking business in Texas. It is required by law and protects you and your business from the risks of accidents, theft, vandalism, and other unforeseen events. The average insurance cost for a commercial truck is about $20,000 per year. However, this amount can vary depending on several factors, such as the type and use of the truck, […]
Cargo Insurance
The Commercial Truck Driver Shortage in Texas May be Easing: Why That’s Good for Insurance Rates
Texas has not been immune to the driver shortage being experienced throughout the country. The country was short by a record 81,000 commercial truck drivers in 2021 according to a report by the American Trucking Association. That figure has come down slightly to 78,000 drivers as of 2022. That said, there are some encouraging signs about the trajectory of how many truck drivers will soon be […]
A Guide to Commercial Truck Insurance for Owner Operators in Texas
Owner-operators need comprehensive commercial truck insurance to comply with legal requirements, protect their financial interests, cover potential liabilities, safeguard cargo, and provide personal medical coverage. It helps mitigate risks associated with the operation of rigs, which gives truckers some peace of mind. This guide offers valuable insights into the specific insurance requirements for Texas owner-operators and other important considerations. Types of Commercial Truck Insurance Coverage and Compliance […]
Insure Your Business and Safeguard Your Success: Essential Tips on Owner-Operator Insurance
In today’s dynamic business landscape, owner-operators face many risks and challenges that can make or break their entrepreneurial dreams. As the captain of your own ship, you understand that protecting your business is crucial to its survival and growth. But with the vast array of insurance options available, navigating the coverage world can feel like an uphill battle. This article will provide some essential tips […]
How to Save Money on Commercial Truck and Owner-Operator Insurance
Entrepreneurs who own, operate, and manage their own commercial trucks require owner-operator commercial truck insurance. These policies are critical for protecting trucking business owners’ investments and livelihoods as they cover numerous risks, such as accidents, theft, fire, and cargo damage. Commercial truck insurance is required by law for trucking companies; driving without it can result in fines, penalties, and even the loss of a trucker’s […]
Commercial Truck Insurance Florida: Basics Every Independent Trucker Should Know
As an independent trucker in Florida, you know the overhead cost of your job. There’s a lot more to it than rig maintenance and fuel costs. You have to protect yourself against any eventualities while on the road. If not, a single accident can amount to a considerable cost, so taking commercial truck insurance in Florida that’s best suited for your needs and that of […]
Insurance Information for Commercial Truck or Owner-Operator
Today the commercial trucking industry is facing a record shortage, with an estimated 50,000 more drivers needed. With such surging demand, businesses now require to get good insurance policies to attract a new and younger workforce. If you’re in the market for commercial truck or owner-operator insurance but need help figuring out where to start, don’t worry, we’re here to help. In this post, we’ll explain everything […]
How Commercial Truck Drivers Can Prevent Cargo Theft
Cargo theft is the term used to describe the unlawful taking of goods in transit. Cargo can be stolen from vehicles, containers, ships, warehouses, and other locations. Common items that are stolen include electronics, clothing, food, and pharmaceuticals. Cargo theft is a serious problem because it can lead to higher prices for consumer goods, as well as disruptions in the supply chain. In some cases, […]
Choosing the Right Insurance for Your Commercial Truck
When it comes to insurance, there are a few things you should know as a business owner. Commercial truck insurance differs from regular car insurance and may require additional coverage. Here are some tips for choosing the right insurance for your commercial truck. Know Your Insurance Needs Before you even begin shopping for insurance, you need to know what coverage you need. You can start […]
A Step-By-Step Guide to Starting a Trucking Company
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 […]