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Home > Blog > Trinity Insurance Services LLC Blog Page 9
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Trinity Insurance Services LLC Blog Page 9

View the latest blog posts from Trinity Insurance Services LLC.

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Thursday, February 8, 2018

Industry Update: 28% of Truckers Still Need an ELD

  We're just over one month into the ELD mandate era, and one thing has become clear:  the industry's transition to Electronic Logging Devices is far from over. READ MORE >>

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Friday, February 2, 2018

Trump 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.  READ MORE >>

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Friday, January 26, 2018

Trump'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 MORE >>

Friday, October 6, 2017

Things 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. READ MORE >>

Thursday, September 28, 2017

Cargo 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. READ MORE >>

Thursday, September 21, 2017

Physical 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. READ MORE >>

Tuesday, September 19, 2017

Physical 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. READ MORE >>

Friday, September 15, 2017

Physical 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. READ MORE >>

Thursday, September 14, 2017

Physical 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. READ MORE >>

Monday, September 11, 2017

General 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. READ MORE >>

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