After the truck payment, truck insurance is certainly one of an owner-operator’s biggest fixed costs, one that must be paid whether a truck is running hard or parked. There's a reason for that, ...
If you are operating under your own authority, you are required by federal law to carry commercial auto liability coverage, usually $750,000 to $1 million, hazmat-hauling carriers much more. The ...
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Top 7 Risks Facing Trucking Businesses and How Insurance Mitigates Them
From unexpected business interruptions to costly automobile accidents, there are several risks that have the potential to put ...
New Department of Transportation (DOT) regulations for trucking companies took effect recently, imposing stricter penalties on commercial drivers who fail a mandatory drug or alcohol test. Maintaining ...
Insuring a commercial fleet is a significant cost for any trucking operation and choosing the right insurance coverages and carrier can be a daunting task. And if it seems confusing, don’t worry.
Daimler Truck Financial Services and GEICO Launch Connected Insurance Program for Trucking Customers
Daimler Truck Financial Services USA LLC (DTFS) and GEICO, one of the largest and most recognized insurers in the United States, today announced the launch of Connected Insurance, a new data-driven ...
Commercial trucking insurance claims aren’t a question of “if” but “when.” Yet, they’re often the moments when fleet operators are the most unprepared. The difference between a fast, fair claim ...
As known too well, there has been nowhere to hide from the rising costs of everything from maintenance to insurance. Rate premiums have not found a bottom for some time; according to American ...
AUSTIN (KXAN) — Commercial auto insurance rates rose for the second year in a row, new data shows. This comes despite a 2021 state law’s goal of bringing down costs by making it harder to sue trucking ...
Nirvana Tech Inc., a startup that blends artificial intelligence with detailed vehicle tracking data to offer insurance to truckers, today announced it has raised $80 million in a Series C funding ...
Running a heavy-duty trucking fleet, regardless of its size, has always come with risks. Today, scammers introduce an added challenge, requiring fleet owners to stay vigilant over forged documents, ...
Daimler Truck Financial Services and Geico Launch Connected Insurance Program for Trucking Customers
Daimler Truck Financial Services and Geico are offering a new data-driven insurance program they say can save customers up to 10% on their commercial vehicle insurance premiums. The new program builds ...
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