Whether you are a one-truck owner operator or you run a large shipping fleet, insurance plays a major role in your business. As in any industry, your trucking insurance is based on your level of risk, considering the safety of your rigs, your drivers, and the cargo itself. Fortunately, this also gives you a degree of control over the cost of your insurance premiums. The […]
Rig Insurance
What to Expect from Your Rig Insurance Company After an Accident
The Federal Motor Carrier Safety Administration (FMCSA) says more than 400,000 truck and bus accidents are reported annually in the US. Even back in 2020, a pandemic year with little traffic, professional drivers were involved in 414,000 reported accidents. Sadly, more than 4,000 of them were fatal. While no one likes to imagine a tragedy, we must ask “what if” questions sometimes and prepare for ugly realities. That’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 […]
Why Electric Trucks Will Cause Rig Insurance Prices to Soar
Why Electric Trucks Will Cause Rig Insurance Prices to Soar Most CDL drivers enjoy a hearty laugh when presented with the notion of electric big rigs. While it seems to work well for passenger vehicles, electric vehicle (EV) technology is too expensive and too heavy to power a big rig, especially for the long distances US drivers tackle every day. Still, the technology is young. […]
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 […]
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, […]
Commercial Truck Insurance: Rig Insurance, Florida
WHY COMMERCIAL TRUCK INSURANCE IS IMPORTANT Having a clear understanding of what your rig insurance covers goes a long way in preparing for the uncertainties that are in the trucking industry. If you are not well-informed on what your rig insurance actually covers, your company could end up paying unnecessary extra costs. A well-designed insurance plan covers you before, during, and after adversity. With the […]
Why Rig Insurance is Important
RIG INSURANCE SOLUTIONS The conditions surrounding the oil and gas industry are constantly in flux, which calls for proper assessment of the operators involved, service contractors and drillers. Therefore, it is important to acquire an insurance policy that covers your business before, during, and after a tragedy. At J.E.B. Insurance Services, we are well aware of how frequent rig accidents occur, and that is why we […]
Lowering Your Big Rig Insurance Rates In Florida & Texas.
Many factors can impact the complicated formulas used to determine the cost of rig insurance in Florida and Texas. Driving records, the market value of the rig, operation location and radius of operation, and the driver’s age and credit history are all assessed to determine a client’s risk and the associated cost of insuring their rig. Because many of these factors can change from year […]
Commercial Truck Insurance: Do You Have A Preventative Maintenance Plan?
Does your Georgia business depend on a fleet of commercial trucks? Unfortunately, breakdowns are a reality for many businesses, and it is something you may have already dealt with multiple times this year. Commercial truck breakdowns can become very costly. When a breakdown occurs, you will not only have to worry about paying for the repairs, maintenance, or replacement of parts, but you will also […]