February 2, 2018
AgencyTrump Calls For $1.5 Trillion Infrastructure Bill
During President Trump’s State of the Union address on Tuesday he increased the price tag of his promised $1 trillion infrastructure plan to a whopping $1.5 trillion… Read the full story here.
January 26, 2018
AgencyTrump’s Leaked Infrastructure Memo Could Mean New Tolls on Existing Interstates
A memo outlining some of President Trump’s long-awaited infrastructure plan leaked earlier this week. Its six pages contain a couple of potential bombshells including that drivers can expect new tolls on interstates and a repeat of protections against tolling on existing roads… Read the full story here.
October 6, 2017
AgencyThings to Consider when choosing Cargo Insurance
1. You’ll want to make sure your commodity is covered. Don’t assume that all loads will be covered. Some goods like tobacco, jewelry, and liquor are hard to find coverage for since they are prime targets of thieves. Make sure your agent knows what you will be hauling. 2. If you stumble upon a lucrative […]
September 28, 2017
AgencyCargo Liability Insurance
· Motor Truck Cargo Insurance protects those goods from damage and theft. You’ll want to assure your client that their cargo will make it safely to the destination safely or that they will be reimbursed if it doesn’t. Any number of things can go wrong while goods are in transit, so getting broad cargo coverage […]
September 21, 2017
AgencyPhysical Damage Values – Picking the Right Amount
Picking the Right Amount · It’s crucial to provide an accurate stated amount. Since the insurance company pays the lesser of ACV and the Stated Amount, it does you no good to value your truck higher than it’s actually worth. Because this is typically one of the more expensive coverage, taking some time to make sure […]
September 19, 2017
AgencyPhysical Damage Values – Stated Amount
Stated Amount · If you elect to add comprehensive insurance to your policy you will have to provide the stated amount, which is your statement of the value of your truck. Your premium for Physical Damage is largely driven by the value of your truck. The Truck Blue Book is also a handy source in […]
September 15, 2017
AgencyPhysical Damage Values
Actual cash value (ACV) · When you have a claim, Truck insurance companies pay based on actual cash value of your truck. This is exactly like it sounds. It’s the market value of your truck. In personal lines of insurance some companies offer replacement value. Unfortunately this is not an option for commercial policies. Truck […]
September 14, 2017
AgencyPhysical Damage Truck Insurance
Buying or leasing a truck is a huge investment. For many truckers, investing in a truck means putting up most or all of their savings. Most people don’t have enough savings to replace their truck if it were to be totaled. This is where physical damage insurance kicks in and replaces or fixes your truck if […]
September 11, 2017
AgencyGeneral Liability Requirements
General Liability Insurance is not to be confused with Primary Liability Insurance. As a prerequisite to adding General Liability to your truck policy, you must already have in place a Primary liability policy. Some insurance companies also won’t cover you if you haul certain commodities like tobacco or hazardous materials.
September 8, 2017
AgencyGeneral Liability Limits
Most General Liability policies for truckers start at a policy limit of $300,000. The most common limits, however, are $1,000,000 per occurrence with a $2,000,000 aggregate. Higher limits can be obtained if needed. Call Trinity Insurance today for a quote 888-391-0416.