In today’s tightening market, successful agents go beyond quoting—guiding middle-market clients to understand underwriting, improve their risk profile, and become accounts insurers want to write.
Here are some market trends impacting the commercial auto market, as well as technology and communication techniques agents can use to help their clients.
As the journey toward autonomous trucks begins to unfold in earnest, technology is playing a significant role in improving industry safety.
The insured does not want to cancel the business auto policy nor transfer the vehicles to his personal name and personal auto policy. Could the carrier deny coverage if a claim occurred?
A U.S.-based trucking client’s truck and cargo were stolen in Canada, but the carrier denied the claim due to a territorial exclusion. The loss happened “before the insured had a chance to read the policy.”
With options and flexibility to customize coverage to meet specific needs, HDVI offers core coverages that trucking companies typically need for operation.
Help new transportation businesses get their wheels turning with these risk management tips.
“More and more technology is being used by insurance companies for underwriting purposes,” says independent agent Ben Hogan. “Whether it’s tracking Department of Transportation safety scores, telematics or dash cameras, there are so many ways for insuranc
Market pressures, such as inflation, an aging workforce, falling freight rates and an evolving, dynamic marketplace, are impacting the cost and availability of trucking insurance.
As trucking gains greater importance in the U.S. economy, agents have an opportunity to grow their commercial auto book or even enter the market for the first time.
