Trucking Insurance 101: Workers’ Compensation

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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. […]

What is a Workers’ Compensation Self-Insurance Program?

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Workers’ Compensation Self-Insurance Programs Typically, employers pay a fixed premium to an insurance carrier for workers’ compensation coverage. However, employers may choose to go the self-insurance route, wherein the employer assumes the financial risk for providing workers’ compensation benefits to its employees. In other words, self-insured employers pay the cost of each claim ‘out of pocket’ as […]

5 Steps for Trucking Companies Toward a Better Safety Culture

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Many companies complain about high insurance costs, particularly workers compensation. However, investments of time and money into safety and loss control programs can pay off in the long run. Some trucking companies choose to rely on their occupational accident coverage, instead of investing in work comp insurance. However, the decision of whether or not to […]