Though the terms umbrella liability and excess liability are oftentimes used interchangeably, they are actually very different animals. Umbrella vs. Excess Liability Insurance Excess liability is specific. It is excess coverage over a specific line; be it general liability, auto liability or employer’s liability. Umbrella liability is collective. It could be over all three lines […]
What is Workers’ Compensation Insurance? Workers’ Compensation Insurance is required by almost all states. The coverage provides benefits for injuries or illnesses that occur while an employee is on the job. Individual state laws not only determine the types of injuries and illnesses covered, but also the benefit levels an employee is eligible to collect. […]
With the frequency and severity of auto accidents, it is easy for any trucking company to see the need for Auto Liability coverage. However, auto accidents are not the only risk these companies face. What is General Liability Insurance? To handle lawsuits and judgments arising out of various situations not covered by Auto Liability, trucking […]
Choosing to purchase or lease a truck is a large investment. Now, imagine that truck is totaled in a wreck. Do you have enough in your savings account to replace it? What is Physical Damage Coverage? Physical Damage insurance pays for damage to purchased or leased equipment in the event of a loss. Physical Damage […]
One of the most basic risks a motor carrier accepts on a daily basis is the responsibility to protect the commodities they haul from pickup to delivery under a bill of lading or shipping receipt. To help mitigate this risk, motor carriers purchase Cargo Liability insurance. What is Cargo Liability? Cargo liability is purchased to […]
Owner-Operators that lease onto a Motor Carrier are typically protected by that carrier’s liability coverage. But what about a trip to the bank, helping a friend move, or driving to a trucking show? If you are driving your rig for personal use, and not to further the business of your motor carrier, you are not […]
This year, Truck Writers has chosen Trucking Insurance 101 as its blog series. The goal is to help educate those within the trucking industry on the various required and optional trucking insurance coverages. Our first blog post discusses Auto Liability. Auto Liability Coverage In order to operate, all trucking companies must have Auto Liability coverage. This coverage […]
The Operation Safe Driver Program aims to combat the number of deaths and injuries resulting from crashes involving large trucks, buses and passenger vehicles through educational and enforcement strategies in an effort to improve the driving behaviors of all drivers operating in an unsafe manner, either in or around commercial motor vehicles. Here is this year’s breakdown […]
The number of people killed in crashes involving medium- and heavy-duty trucks in 2016 increased by 57 over the previous year, according to data released by the National Transportation Safety Board. For the last year, our Trucking Safety Tip of the Month series aimed to help educate those within and outside of the trucking industry about […]
Many common workplace incidents are largely preventable with proper employee training. Here are five essential safety diagrams that every trucking company should have available to employees. #1 Slips, Trips, and Falls Prevention Slips, trips, and falls continue to plague the trucking industry. In fact, falls on the same level resulted in direct costs of nearly […]