Trucking Insurance

Essential Insurance Coverage for Your Trucking Company Running a trucking company comes with significant risks, making the right insurance coverage essential for protecting your business, drivers, and assets. Whether you operate a single truck or a large fleet, having the appropriate insurance ensures compliance with legal requirements and financial security in case of accidents or unforeseen events. Here are the key types of insurance every trucking company should consider. 1. Primary Liability Insurance This coverage is legally required for all trucking companies and protects against damages or injuries caused to others in an accident where the truck driver is at fault. It does not cover damage to your own truck but ensures you meet federal [...]

Hot Shot Trucking in North Carolina: Fast, Reliable, and On-Demand Freight Solutions In today’s fast-paced world, businesses rely on efficient and timely deliveries to keep operations running smoothly. For companies in North Carolina, hot shot trucking offers a perfect solution for urgent or time-sensitive shipments. At Paramount Insurance Agency in High Point, NC, we understand the unique needs of hot shot trucking businesses and provide insurance solutions to keep you on the road and protected. What is Hot Shot Trucking? Hot shot trucking involves transporting smaller, time-critical loads using medium-duty trucks rather than traditional semi-trucks. These shipments are often delivered directly to their destination without detours or delays, making hot shot trucking an efficient and [...]

Trucking Insurance for New Ventures The truck driving industry carries inherent risks, especially for new venture drivers. Finding the right type of trucking insurance for new ventures might seem expensive and complicated, but it doesn’t have to be if you understand some important facts about securing coverage for your startup trucking company. Finding Insurance Doesn’t Have to be a Long Haul Traveling long distances on the roadways while hauling extensive cargo is your livelihood. However, this profession comes with dangers, which is why you are required to carry commercial trucking liability insurance. Truck driving too often results in fatalities, causing financial and emotional devastation, especially if you are not adequately insured. Finding affordable trucking insurance [...]

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 [...]