Streetsmart insurance Blog
The Equal Employment Opportunity Commission has sued an employer for refusing to hire a job applicant because he used a service dog.
When trucking companies lack the parts, equipment, or drivers necessary to deliver their cargo, they can hire other companies to complete the project. After both parties finish their negotiations, trucking companies will typically ask contractors to complete a trailer interchange agreement before giving their trailer to another driver.
When time is of the essence, many truck drivers risk compromising their safety in order to complete their assignments. Unfortunately, those unsafe driving practices can lead to accidents, lawsuits, and deadly injuries. Whether you’re driving across town or across the country, you should establish safe driving practices that will protect you when you’re on the road.
Are you interested in starting a new trucking business? The trucking industry is one that provides ample opportunity to large nationwide corporations and new companies alike, simply because there is such high demand for commercial freight shipping. From perishable goods to consumer products, goods always need to be moved from one location to another. Trucking companies are frequently contracted to handle this movement of goods. As such, the number of clients or potential clients in this industry is high. Because there is so much opportunity in the trucking industry; there is also a lot of competition as a result. Therefore, if you want to give your trucking company a chance at succeeding, you will need to make sure to set a strong foundation. Here are seven things you need to build that foundation.A Proper Legal Structure
If you haul cargo for an organization, independent customer, or the general public, you are responsible for their goods while you are in transit. It your cargo is damaged, stolen, or destroyed, you could be held liable for the total value of their property. Motor truck cargo insurance will cover your expenses if their cargo is destroyed while it is in your possession.
Whether you own a well-established commercial trucking company or are just getting started as an owner-operator, you probably already know that semi trucks can’t be covered under a general auto insurance policy. Finding a company that can sell you truck insurance can also be more difficult than shopping for auto owners insurance, simply because there are fewer truck drivers or truck companies out there than there are people driving passenger vehicles. Don’t worry, though: with some searching and research, you can find an insurance carrier that will be happy to write up a policy for your truck.
As an owner-operator, truck insurance may be one of your biggest operating expenses. Truck insurance policies cost thousands of dollars per year, and many business owners will have to pay their annual premiums in advance. If you are interested in lowering the cost of your truck insurance, you have to evaluate why truck insurance is more expensive than traditional auto insurance.