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 […]
Physical Damage Insurance
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 […]
Owner-Operators: Know Your Truck Insurance Options
If you’re an owner-operator, you know your truck is your livelihood. You rely on it to make a living and support your family. That’s why it’s so important to make sure your truck is adequately insured. When it comes to truck insurance, there are a several different options available. Some examples are: bobtail insurance, physical damage insurance, auto liability , general liability and many others. No […]
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 […]
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 […]
Pros and Cons of Flatbed Trucking
When you drive a flatbed trailer, you are going to be hauling things that won’t fit into a standard truck trailer. You may haul equipment like forklifts, vehicles, and mobile homes. You may also haul supplies like lumber, pipes, steel, and much more. That being said, some people love to drive flatbeds, while others don’t. There are pros and cons of flatbed trucking, just like […]
3 Incredible Benefits of Investing in Tow Truck Insurance
Running a tow truck business can be rewarding but also risky. Clients usually trust you to safely move their precious cars or other equipment from one point to another. Unfortunately, anything can happen along the road to deliver the load to the destination. For this reason, it is crucial to protect yourself from liability with tow truck insurance. Here are three benefits of having tow […]