Trucking Insurance

How to Get New Trucking Authority

How to Get New Trucking Authority  If you have ever wanted to join the trucking industry as your own boss, now may be a great time!  Working on a new venture as your own boss may have the benefits and perks you have been seeking, so if that sparks your interest, do you know how to get new trucking authority?  Trucking authority, otherwise referred to as “motor carrier authority”, is required if you wish to pursue your own trucking company. The good news is that once granted by the government, you can begin handling YOUR trucking business under your own Motor Carrier (MC) number.  Guidelines to Attain Your New Trucking Authority:   Decide on Your Type [...]

How to Get New Trucking Authority2024-03-22T07:52:36-05:00

Trucking Business and Covered Exposures

If you are in the trucking industry or own a trucking company, you know that having the right insurance is vital.  Keep in mind that not just any insurance will do.  You need to make sure that the trucking insurance you have reflects the risk exposures most prevalent to your business and will meet your specific trucking needs.  You may assume that insurance covers everything, but what kind of things and situations are actually covered?  Find out whether your trucking business is protected from these types of exposures. Below are Some Typical Exposures/Scenarios That Can be Covered, but Not Limited to: Your Truck and Other Property  Your truck is vandalized Your truck is involved in [...]

Trucking Business and Covered Exposures2021-04-22T16:26:55-05:00

In a Riot, Would Your Truck/Trailer be Covered?

The year 2020 brought along many difficult situations that changed the world as we knew it.  Along with a Pandemic, the year brought about many property losses due to riots, civil commotion and vandalism.  Streets all over the U.S. were swarmed with protesters and rioters which certainly created civil unrest in our communities, along with prompting a new set of exposures for the trucking industry. These difficult times have made trucking business owners take a new approach to protecting their trucks and trailers. Ask yourself  "In a riot, would  your truck and/or trailer be covered?" Business Solutions to Provide Peace of Mind During Those Unpeaceful Times, Such as a Riot Riots, civil unrest, and vandalism [...]

In a Riot, Would Your Truck/Trailer be Covered?2021-04-22T15:59:10-05:00

In a Riot, Would Your Truck/Trailer be Covered?

The year 2020 brought along many difficult situations that changed the world as we knew it.  Along with a Pandemic, the year brought about many property losses due to riots, civil commotion and vandalism.  Streets all over the U.S. were swarmed with protesters and rioters which certainly created civil unrest in our communities, along with prompting a new set of exposures for the trucking industry. These difficult times have made trucking business owners take a new approach to protecting their trucks and trailers. Ask yourself  "In a riot, would  your truck and/or trailer be covered?" Business Solutions to Provide Peace of Mind During Those Unpeaceful Times, Such as a Riot Riots, civil unrest, and vandalism [...]

In a Riot, Would Your Truck/Trailer be Covered?2023-09-02T19:14:42-05:00

5 Ways to Get the Lowest Rates on Trucking Insurance

Whether your trucking business is seasoned or a new venture, trucking insurance will be one of your greatest expenses. And unfortunately, rates continue to rise. So, how do you keep your insurance expenses down for the long haul? Here are 5 ways to get the lowest rates on trucking insurance. Maintain Clean Driving Records- Your drivers can make a huge impact on your trucking insurance premiums. Insurance companies know that claim settlements resulting from trucking accidents can be astronomical. Statistically, a driving record with just one traffic violation will lead to an increased probability of claims from accidents. Before hiring a driver, run a Motor Vehicle Report (MVR) so you won’t be surprised when your [...]

5 Ways to Get the Lowest Rates on Trucking Insurance2020-05-08T08:37:32-05:00

CDL License(s) and How to Obtain It

If you are in the trucking industry or interested in pursuing a career driving a commercial vehicle/truck, you will probably be required to obtain a Commercial Driver’s License, otherwise known as CDL.  As a truck driver, you are in the business of hauling and transporting goods across the United States and while this profession comes with its own share of inherent risks on the roadways, it can be quite profitable.  However, before you get started, you need to find out about CDL license(s) and how to obtain it.    Steps Required to Obtain a CDL License(s)     There are some required steps required to obtain your CDL license; however, keep in mind there are some [...]

CDL License(s) and How to Obtain It2020-03-27T17:59:28-05:00

CDL Licenses and Categorizations

A Commercial Driver’s License (CDL) is a type of driving license required to operate commercial motor vehicles including passenger buses, tractor trailers, and semi-trucks, to name a few.  If you are preparing for a career in the transport business on the road, you are most likely required to obtain your CDL before you can begin.  There are varying types of CDL licenses and categorizations regarding the types of vehicles you are permitted to operate, and they are Class A, Class B, and Class C.  Furthermore, the classifications are determined by the vehicle’s gross vehicle weight rating (GVWR) along with other features. As you can imagine, operating commercial motor vehicles requires specialized skills and comes with [...]

CDL Licenses and Categorizations2020-03-14T08:58:11-05:00

The Correlation Between SAFER and FMCSA

The Federal Motor Carrier Safety Administration (FMCSA) is the chief federal government agency that focuses on and regulates transportation in the United States.  Their mission emphasizes safety on the roadways involving commercial trucking companies, commercial motor vehicles, buses and those driving with a CDL (Commercial Driver’s License).  Part of the FMCSA’s job includes overseeing, handling, and providing the information in Safety and Fitness Electronic Records (SAFER). Hence, the basic correlation between SAFER and FMCSA. The material available in SAFER’s links comes from data that is founded and provided by the FMCSA and typically include the following areas for review when providing insurance: Licensing and Insurance- The Licensing and Insurance links have information from the OP1 [...]

The Correlation Between SAFER and FMCSA2020-01-06T20:04:59-05:00

Insuring Flatbed Trailers

While there are many perks of using flatbed trucks and trailers (no special constrictions, easy access, easy to secure cargo as opposed to securing cargo in a four-walled truck) there are just as many inherent risks involved that need to be addressed when considering the insurance protection you need.  Find out what you should know about insuring flatbed trucks and trailers. Driving a flatbed truck means driving and hauling cargo in an opened area which poses a higher risk for liability compared to other trucks on the road.  Whether you hit potholes, have to stop suddenly in congested traffic, or you fail to properly tie down the cargo, accidents can happen; hence the need for [...]

Insuring Flatbed Trailers2020-03-04T11:15:13-05:00

Get Certificates of Insurance on Demand 24/7!

One of the biggest headaches contractors, trucking companies and other companies face are job delays due to waiting on certificates of insurance. We get calls all of the time from these business owners who are looking for a new agent complaining that their current agent takes too long to generate COI’s. One trucking owner operator told me last week that his agent takes more than 48 hours to send the COI. And if one is needed on a weekend or holiday, it takes even longer. No More! Here at Paramount Insurance, you can get instant certificates of insurance on demand 24/7! That’s right. We are committed to making your life easier. As a business owner, [...]

Get Certificates of Insurance on Demand 24/7!2020-01-06T19:43:20-05:00
Go to Top