Commercial Truck Roadside Assistance
Owner Operators who need Truck Roadside Assistance are often shocked at the exorbitant rates some towing companies charge. Until now most insurance companies have shied away from offering roadside assistance to large trucks. Progressive Commercial Truck Insurance has broken the barrier and is now offering Heavy Truck Roadside Assistance. How much does it usually […]
Who has the Best Commercial Truck Insurance?
The Best Commercial Truck Insurance with the lowest premiums right now is through GEICO’s new program and their hand selected Pro Brokers.
What is the Definition of a Commercial Vehicle
What’s a Commercial Vehicle? One definiton of a commercial vehicle is simply a motor vehicle used for business rather than personal or family use. Commercial vehicles that are used for transporting goods for hire are regulated by both federal and local laws. The true definition of a commercial vehicle can be confusing because of FMCSA […]
Michigan Owner Operator PIP Truck Insurance Rates
Michigan Owner Operators are required to carry PIP, which inflates their truck insurance rate. PIP is Personal Injury Protection that an Owner Operator purchases as part of his Trucking Commercial Auto Liability Insurance policy. PIP insurance covers medical and other expenses for an Owner Operator and passengers no matter who is at fault. In a […]
What does Occupational Accident Insurance for Truckers cover?
Occupational Accident insurance for Owner Operator Truckers is a supplemental insurance plan to help cover medical, death and disability claims resulting from on the job injuries. Occupational Accident policies can include coverage for: Accidental Death Survivors Benefits Accidental Dismemberment Accidental Paralysis Accident Medical Expenses Temporary Total Disability Continuous Total Disability While specific coverage limits vary, […]
FedEx Custom Critical Owner Operator Insurance
What kind of commercial truck insurance does a FedEx Custom Critical Owner Operator need? Owner Operators hauling for the FedEx Custom Critical division are independent contractors and provide their own $1,000,000 NTL, Non Trucking Liability Insurance. Non Trucking Liability insures the Owner Operator’s equipment. NTL only covers you when you’re not hauling on behalf of […]
How to Become an Owner Operator with No Experience?
Tips and Requirements on How to Become an Owner Operator With No Experience What is an Owner Operator? An Owner Operator is someone who owns their own truck and operates as an Independent Contractor hauling freight for hire. Many Owner Operators Lease On to a Motor Carrier where a Dispatcher finds freight for them to […]
9 Tips for the Cheapest Commercial Van Insurance
Commercial Van Insurance should be cheap given it’s not technically Commercial Truck Insurance. Coverage for Cargo Vans and Sprinters is usually written as Business Auto Insurance. Here’s why that difference matters to you along with 9 tips on how to get the Cheapest Commercial Van Insurance: Today the Expediting Trucking For Hire world […]
Commercial Truck Insurance 101
Commercial Truck Insurance 101 for Motor Carriers and Owner Operators starts with the 4 different categories of coverage: Commercial Auto Liability Physical Damage Cargo General Liability What does each category of truck insurance cover and how does each one protect you? Let’s start with the first category […]
Save Money on Your New Motor Carrier Truck Insurance
Owner Operators looking to save money on new Motor Carrier Truck Insurance need to understand the basics. Are you currently a Leased on Owner Operator hauling freight under permanent lease with a large Motor Carrier? If you’re ready to obtain your DOT Motor Carrier authority, keep reading. Truck insurance is very different for a ‘leased […]
Progressive now insures Small Truck Fleets
Well it’s been years in the making, but Progressive now insures Small Truck Fleets. Here’s what you need to know: What is Progressive Small Fleet for Trucks? Small Fleet refers to the number of vehicles, not the type of vehicle. A new Progressive Small Fleet policy can be written for accounts with 10-40 existing units. […]
10 Quick Tips to Lower Your Trucking Insurance Premium
Here are 10 Quick Tips to Lower Your Trucking Insurance Premium: 1. Credit is King The better your credit, the more options you have. Insurance algorithms indicate that people with better credit are generally more responsible and “less risky” personality types. Credit information as predictive of future accidents or claims is a hotly […]
What is Progressive Smart Haul?
Here’s what you need to know about Progressive Smart Haul: Smart Haul is a program that allows Small Motor Carriers and Owner Operators the opportunity to save between 5% and 20% on their truck insurance by allowing Progressive access to their Electronic Logging Device – ELD. Current average savings for Owner Operators with Smart Haul […]
What’s the Best State for Trucking Insurance
The 5 Hot New Battleground States for Commercial Trucking Insurance are Ohio, Indiana, Illinois, Florida and Texas.
South Carolina, Arizona and Colorado are next on the list.
This is because of new competition entering the marketplace.
Independent Contractor FedEx Custom Critical
Independent Contractors for FedEx Custom Critical own and maintain their own trucks and provide their own insurance. As the Owner Operator of the truck, they have no designated route and can accept or reject loads. What kind of commercial truck insurance does a FedEx Custom Critical Owner Operator need? Owner Operators hauling for the FedEx […]
Non Trucking Liability – The Most Misunderstood Insurance Coverage
Non Trucking Liability or NTL, is frequently misunderstood because many Owner Operators think it simply means when not under dispatch. Read more to learn how Non Trucking Liability really works. Who needs Non Trucking Liability Insurance? Non Trucking Liability is insurance coverage for an Owner Operator who is permanently Leased On to a Motor Carrier. […]
Difference between Hotshot Insurance vs Expediter Insurance
Difference between Hot Shot Insurance vs Expediter Insurance starts with FMCSA and type of vehicle.
Here’s a quick summary:
If you’re a Hot Shot with a 1 Ton Dually Pick Up Truck with a Trailer, you’ll need at least $750,000 in Commercial Auto Liability.
For lighter Commercial Vans under 10,001 GVW, the minimum FMCSA requirement is $300,000.
Read more here for everything you need to know about Hot Shot vs Expediter Insurance.
Commercial Truck Requirement MCS-150
Commercial Truck Requirement MCS-150 applies every 24 months for EXISTING Motor Carriers. This blog is a continuation of our earlier blog, Commercial Truck Insurance Requirement MCS-90 or how to BECOME a Motor Carrier. FMCSA is the transportation governing body that requires an MCS-150 update on your business every 24 months. If you’ve gotten to the […]