“The use of telematic devices in monitoring driving behaviors and enhanced data analytics capabilities are among some of the more positive changes,” says independent agent Lydia Ramos. “They allow us to analyze a variety of factors, including traffic patt
Challenges such as driver shortages, distracted driving, social inflation and changing marijuana legalization continue to impact the commercial auto market.
As the journey toward autonomous trucks begins to unfold in earnest, technology is playing a significant role in improving industry safety.
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.
“Many carriers and agents are pulling out of the market, and it is a great time for us to offer a solution for businesses that are struggling to find coverage and are feeling like they are being neglected,” says independent agent KylE Houck. “If we can pr