Joe came to us 12 years ago as a “One Truck Independent Contractor” leasing on as an Owner Operator with FedEx Custom Critical. Later Joe’s wife, Sue, became his co-driver. A few years went by when they saw an opportunity to help another driver get into the business. So they leased Tom their old truck…
Risky Business Expedite Truck Insurance Advice
Risky Business – 4 Insurance Mistakes Owner-Operators Should Avoid
Sean M. Lyden posted this E.O. interview with “Risky Business” Shelly Benisch (CIS) advising Expediters and Truckers on the 4 Insurance Mistakes Owner Operators Should Avoid. Be sure to check out more of Sean M. Lyden’s informative expedited freight “In the News” Expediters Online articles for Everything Owner Operators and Fleet Owners Need to Know. Sean also has a…
Are you a Courier or an Expediter?
The number of people dabbling in Amazon Last Mile Delivery has thrown a bit of a wrench in the insurance underwriting of smaller vehicles making “for hire” deliveries. A professional cargo van or sprinter driver hauling time sensitive freight on an unlimited radius is a clear cut “Expediter Classification” for most insurance companies. But what about…
The Great Multi Tasking Lie
So the story on the Oscar Best-Picture screwup is that the guy who was in charge of distributing the envelopes of winners was distracted while tweeting “Best Actress Emma Stone backstage! #PWC!” What a great example of how we THINK we’re focused on our task, but we’re not… CLICK HERE to view infographic…
Interesting Truck Insurance Court Cases and more…courtesy of CAB
Read the 4 quick summaries here so you’re in the loop of what’s going on, or grab a beverage and click to read the full transportation court cases for interesting stuff on Cargo, Brokerage, Couriers and Temporary Substitute Clause: CARGO A reminder to underwriters that motor carriers are liable for loss or damage to cargo…
The Most Misunderstood Coverage in Owner Operator Truck Insurance – NTL
Here’s a quick overview of NTL, and heads up on a denied claim where a personal auto policy was used in it’s place: A Non-Trucking Liability policy or “NTL” is designed for an Independent Contractor/Owner Operator who is under permanent lease by contract to a Motor Carrier. The Motor Carrier provides your Primary Commercial Auto…
Why an Independent Contractor Owner Operator should have his own Truck Insurance Policy
Dave Corfman offers excellent advice through E.O. Sean M. Lyden’s pen in “Should I Stay or Should I Go? Knowing when to find another carrier.” I’d like to add this suggestion to Independent Contractors from the insurance angle: Secure your own expedite truck insurance policy. Make it in your name with your own policy and your own…
How to recover Lost Revenue when someone else hits you
A recent Expediters Online thread asking for suggestions for how to gain ‘Lost Revenue’ after a Not At fault Accident is a good segue for this week’s blog. T-boned, now what? Everyone understands that “Downtime Coverage” is something you can add to your own Commercial Auto Liability Policy. If you cause an accident and your…
Which States have the Best Rates for Truck Insurance
Here’s Progressive’s take on average rates for new Tractor Trailer Startups
The Power Only Problem or How Lending Your Trailers Can Be Lending Your Insurance
If you enjoy reading about transportation law and how it an impact your company, click to check out Rob Moseley’s Fall Transportation Newsletter:
MCS90-91X – Protection Might Not Be What Some People Think
Posted By Shelly Benisch “Risky Business” Blog Expediters Online Sep 14th 2016 Today I thought I’d share some information from Guest Blogger Tommy Ruke, “The King Pin Leading Expert in Truck Insurance”. Tommy is essentially the father of truck insurance. He has educated the majority of truck insurance specialists in the country for their (CIC) Certified…
Why Expedited Trucking industry standard for Cargo Vans and Sprinters is $1 Million Liability
Why Expedited Trucking industry standard for Cargo Vans and Sprinters is $1 Million Liability By Shelly Benisch Risky Business Blog Posted Aug 5th 2016 9:14AM ExpeditersOnline.com Here’s an Addendum to the current EO Thread “Insurance Coverage and the ‘Multi’ Carrier Model”…so Why DO Cargo Vans and Sprinters need $1 Million in Liability?” Arguments are certainly made that since…
Difference between General Liability vs Auto Liability to a Trucker
General Liability vs Auto Liability By Shelly Benisch Risky Business Blog Posted Apr 7th 2016 ExpeditersOnline.com 12:25PM Given the number of policies with $1 Million General Liability and State Minimum Auto Liability currently popping up out there, it’s a good time to talk about the vast difference between the two types of insurance whether…
What Cargo insurance may NOT cover for Expediters
What about Cargo? By Shelly Benisch Risky Business Blog Posted Mar 11th 2016 ExpeditersOnline.com 11:13AM Everyone knows that Cargo insurance generally covers theft, fire and collision, but ever wonder what it doesn’t cover? Last time we talked about Liability insurance, where you’re driving along and you hit someone or something. We also talked about…
Cheat Sheet for Independent Contractor Expedite Truck Insurance Lingo
I.C. Cheat Sheet for Expedite Truck Insurance Lingo By Shelly Benisch Risky Business Blog Posted Mar 3rd 2016 ExpeditersOnline.com 12:14PM Several new Independent Contractors have asked for a cheat sheet on common insurance lingo they hear thrown around, and for my veteran Expediters out there who might like a refresher course in Expediting Insurance…
