“A fender bender is no longer minor and can cost thousands of dollars to repair,” says independent agent Josh Farm. “What’s interesting is auto insurance premiums have overall stayed steady—we will see if that continues!”
All businesses, and in particular trucking, should be aware of the increasing cyberattack risk which has ballooned during the pandemic. Here are some ways agents can help their trucking clients protect themselves.
While hard market conditions continue within the trucking industry, clients continue to shop around for better rates. Here are three ways to assist clients in getting the best rate and coverage to meet their needs.
“I’m starting to see more people buy these special event policies for even regular parties,” says independent agent Phillip Lewis. “I think consumers today have more of a mindset that they don’t want to be responsible for any exposure from an event, even
The trucking industry is leading the charge in quelling consumers appetites for critical goods during the coronavirus pandemic. As more people work from home and consumer demand continues, could the industry be poised for success in 2021?
“Historically, trucking was a high initial investment and a sophisticated industry to enter,” says independent agent Kelley Culley. “But in the past few years, many of those barriers to entry have dissolved.”
“I envision consumers will continue to realize the importance of an umbrella policy,” says independent agent Taylor Justice. “I have personally seen a large increase in young individuals wanting to protect themselves with a personal umbrella policy after
“Auto insurance is often the first product that brings people into our agency,” says Brittany Hardin, independent agent. “If I can find a balance between offering coverage that is appropriate at an affordable premium, the other lines of business will usua
“Due to the most recent few years and what we have been seeing in the media, I expect more and more claims to be filed,” says independent agent Karyn Roeling, “which will continue to make this market harden into the future.”
“Right now, the big challenge is placing difficult and high-value risks,” says independent agent Robert Lamb. “We do a lot of oil and gas equipment and those numbers can get fairly high.”