Streetsmart insurance Blog
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.
Key person insurance (also known as key executive insurance or key employee insurance) is designed to cover any losses that are associated with losing an essential employee. Whether you’re an executive at a Fortune 500 company or an entrepreneur running a brand new start up, key person insurance can protect the most valuable people in your business.
Most business owners look for traditional business insurance policies when they shop for coverage. Commercial general liability (CGL) insurance, errors & omissions (E&O) insurance, business property insurance, and business interruption insurance are all popular choices for business owners. Unfortunately, these policies can also be too expensive for home-based businesses that rely on affordable coverage to protect their assets.
For most contractors, a General Liability insurance policy provides an additional layer of protection against third party lawsuits. If your client files a claim against your insurance policy, it should cover any legal fees or damages that are outlined in your contract.
During the summer, truck drivers can transport their cargo without worrying about severe weather conditions. But as the seasons change and the weather takes a turn for the worse, truck drivers should take precautions to make sure that they arrive at their destinations safely.