Every driver needs to make sure they have good truck insurance, but it can be hard to be certain that you’re really getting the most for your dollar. To ensure that you aren’t throwing your money away, follow the advice in this article. It will help you avoid common mistakes and get the insurance you need. When your children leave home permanently, take them off your truck insurance policy. It can be hard to accept, but once your children move out, they’re adults and responsible for their own insurance. Removing them from your insurance policy will save you a significant amount of money over the course of the policy. As you get older and maintain a good driving record, you will save money on truck insurance. It’s worth asking your truck insurance company about discounts for experienced drivers — of course, providing you continue to drive safely. The best age for truck insurance rates is between 55 and 70 years of age. To get the most for your money when pricing truck insurance, be sure to consider the extras that are included with some policies. You can save on towing costs with emergency roadside assistance that is included by some insurers. Others may offer discounts for good drivers or including more than one truck on your policy. As expensive as adding your teen driver to your truck insurance policy can be, it may be worth it in the long run, as it will help him or her to begin building up a good credit report. If they maintain a safe driving record, this history of insured good driving will give them a better rate when they reach adulthood and are purchasing truck insurance of their own. If your truck is older and has a low book value, you can save money on your insurance by dropping the comprehensive and collision coverage options. If you are ever involved in an accident with an older truck of little value, the insurer is not going to fix it. They will label it totaled. So there is no reason to pay for this type of coverage. There are many ways to save money on your truck insurance policies, and one of the best ways is to remove drivers from the policy if they are no longer driving. A lot of parents mistakenly leave their kids on their policies after they’ve gone off to school or have moved out. Don’t forget to rework your policy once you lose a driver. With your truck insurance, it is important that you know what your coverage covers. There are certain policies that only cover certain things. It is important that you understand what your plan covers so that you do not get stuck in a sticky situation where you get into trouble. Get liability-only coverage. This policy is the cheapest one you can get that still follows all mandatory minimum state laws. Just remember that it does not cover you or your vehicle, only the other person and their vehicle. In the event your truck is damaged in some way, you would have to pay for the repairs yourself. Raising your deductibles will help you save money on your truck insurance. The higher the deductible, the lower your monthly costs will be. The rate of savings will drop pretty low if you are driving an older truck since the replacement cost is not as high as if you were driving a newer truck. Every year when your truck insurance is up for renewal, shop around to check that the premium being paid is still market competitive. There are an abundance of internet facilities available where you can enter the vehicle details online and immediately receive insurance quotes from various companies. This will confirm or deny that your current premium is realistic. If you are buying a brand new truck, you should be aware that the truck’s warranty probably provides services such as towing or pays for a rental truck while yours needs repairs. If you warranty covers these features, you should drop them on your insurance. When you warranty expires, do not forget to upgrade your insurance again. Truck Insurance A great way to save some money on your truck or truck insurance is to drive your vehicle less frequently. Many of today’s best truck insurance companies offer discounts to customers for low-mileage, incentivizing people to keep their trucks parked. If you can walk instead of drive, you can get some good exercise and save money on your insurance. Truck insurance is one of those necessities of life, so you need to make sure that you have the best policy available. If you know what you are doing and have a basic grasp of the principles, it’s not that hard to find a good policy. Just remember what you’ve learned from this article. The post What You Need To Consider In Your Truck Insurance Policy appeared first on Truck Insurance AAA - Commercial Insurance for Trucks by A Classic Plan Inc.. Source: https://www.truckinsuranceaaa.com/what-you-need-to-consider-in-your-truck-insurance-policy/
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Earlier today, Wisconsin-based trucking company Service One Transportation announced that it will hold its annual open house and driver appreciation lunch this Saturday, October, 13, 2018 at the company headquarters in Plymouth, Wisconsin. Service One Transportation reports that all class a drivers are invited to join current company employees for food, activities, and job-related information, as well as the ability to see the company’s latest trucks and equipment. “Our annual driver appreciation event is one of the many ways we express our gratitude for our top-notch team, and it gives us an opportunity to show other drivers throughout the region why Service One is the best choice for truck drivers jobs in Wisconsin” said President of Service One Transportation, Dan Flagstad, Jr. Attendees of the event will be able to see military-themed units, as well as graphics on units that commemorate firefighters, including several company drivers who are current volunteer firefighters. Sources at Service One report that the open house and lunch provides the company with an opportunity to support the hard work of current employees as well as providing a venue in which to meet job-seekers interested in driving positions at the company. “We believe it’s important to recognize those who give back to their country and community, and we’re proud to count them as members of the Service One family,” said Mike Myszewski, Service One’s Vice President of Operations and Logistics. “Our reputation has helped us attract very high-caliber employees, and we show our appreciation for them with excellent pay, full benefits and a family-friendly culture. We’re always hiring great drivers, and we’d love to meet interested job-seekers at our upcoming open house!” Interested parties may visit the driver lunch and open house at North 5671 County Road M from 11 a.m. to 2 p.m. this upcoming Saturday at the company headquarters in Plymouth, Wisconsin. The post Service One Transportation to Hold Open House and Driver Lunch Saturday appeared first on Truck Insurance AAA - Commercial Insurance for Trucks by A Classic Plan Inc.. Source: https://www.truckinsuranceaaa.com/service-one-transportation-to-hold-open-house-and-driver-lunch-saturday/ You may be looking everywhere for the best truck insurance information available. Look no further. There are so many ideas, it is hard to tell what is the right information. Being educated will go far in helping you on your way. Below you will find the very best truck insurance tips. Not many people know that taking a driver’s ed course can save them on their insurance. This is usually because most people who take driver’s ed do so out of a court mandate. Often times however, even someone who has not been mandated to take driver’s ed can take it, call their insurance company with the certification, and receive a discount on their policy. When you are purchasing truck insurance you need to know and understand all the coverage types under your policy so that you know where you are covered and what exactly you are paying for. Things like uninsured motorist protection, for example, covers injuries that you get or the people in your truck get. This is used when the other driver doesn’t have insurance or if there was a hit-and-run. Including a small tool bag in your vehicle is one of the best insurance policies you can have when you travel. Most of us aren’t capable of completing major repairs on our own but we can fix small things. Take along a pair of vice grips, a roll of duct tape, a roll of electrical tape, an interchangeable tip screwdriver, a few fuses and a can of fix-a-flat. You can help your child out by adding him/her to your truck insurance as an authorized user. If your kid is a good driver, not only will he or she be able to save money on future policies, but the “authorized” label on the insurance policy will also bode well for their credit score, giving them a great head start in the credit department. If someone causes an accident that involves you and or your vehicle, and their insurance only covers a portion of the cost, or expenses you have incurred, having under-insured coverage on your policy will make up the difference so you don’t have any out of pocket expenses, or aren’t left with a large deficit. Before buying a truck, take into consideration the cost of the insurance policy for the type of truck or trucks you are looking at. Generally, the more expensive the truck is, the higher the insurance cost will be. Take into account the insurance cost before purchasing the truck you have chosen. Get liability-only coverage. This policy is the cheapest one you can get that still follows all mandatory minimum state laws. Just remember that it does not cover you or your vehicle, only the other person and their vehicle. In the event your truck is damaged in some way, you would have to pay for the repairs yourself. Better your eye focus while you are driving. Let your vision focus on something far away, such as an oncoming truck, and then quickly look at your speedometer. Continue doing this as the truck approaches, and every time you drive. You will eventually find that your eyes are focusing much faster than before! If your annual mileage driven is low, your truck insurance premium should be, too. Fewer miles on the road translates directly into fewer opportunities for you to get into accidents. Insurance companies typically provide a quote for a default annual mileage of 12,000 miles. If you drive less than this be sure your insurance company knows it. When you’ve narrowed down to a couple of trucks that you want to buy, make sure to compare insurance rates and premiums for each truck. Truck insurance can vary based on things like price of the truck, likelihood of theft, repair costs, and safety record. You might find that one truck has a lower rate than others. If you are interested in reducing the price of your truck insurance, take a look at your deductible. If it is feasible to do so, raise it by one or two levels. You will notice a drop in the cost of your insurance. It is best to do this only if you have savings put aside in the event that you get in an accident. Truck Insurance A great way to save some money on your truck or truck insurance is to drive your vehicle less frequently. Many of today’s best truck insurance companies offer discounts to customers for low-mileage, incentivizing people to keep their trucks parked. If you can walk instead of drive, you can get some good exercise and save money on your insurance. Now you can revel in your new-found knowledge concerning your current truck insurance decisions. There is no reason to feel at all intimidated. You conquered the first obstacle, which is generally educating yourself. Keep all of these tips in mind, and you will have an easy path to truck insurance understanding. The post Unique Ways To Save A Ton On Truck Insurance appeared first on Truck Insurance AAA - Commercial Insurance for Trucks by A Classic Plan Inc.. Source: https://www.truckinsuranceaaa.com/unique-ways-to-save-a-ton-on-truck-insurance/ Earlier today, Dart Transit Company reported the release of an upcoming National Truck Driver Appreciation Week themed episode on its Dart Network Podcast, now available online. The upcoming podcast episode, part of the Dart Network Podcast launched over two years ago, will feature interviews with Dart drivers, department heads, and leadership figures regarding National Truck Driver Appreciation Week. “Truck drivers may very well be the most under-appreciated workforce in America. We can all at times take our most precious resources for granted. It’s human nature,” said James Langley, President of Dart Transit Company. “We often take for granted our spouses, our children, our jobs, and other very important parts of our lives.” Available on Spotify, iTunes, Stitcher, and other platforms that host podcasts, The Dart Network Podcast was originally released during National Truck Driver Appreciation Week in 2016. Dart reports that the idea to show support for the week through a podcast comes from the effectiveness and popularity of the podcast. “When we started looking at our plans for Driver Appreciation this year, we thought the Dart Network Podcast could provide a great avenue for the office staff to express their appreciation for the men and women on the road in the Dart Network,” said Russ Moore, Dart’s Vice President of Communications & Marketing. “We are always looking for new ways to connect with the company drivers and owner-operators in the Dart Network, and the podcast has become an effective platform for us.” Dart reports that the company will participate in other activities to commemorate National Truck Driver Appreciation Week, including company lunch events at Dart locations across the country. “Sometimes, it takes weeks like Driver Appreciation Week for us to properly reflect on the value our drivers and owner-operators truly bring not only to Dart, but to our country,” said Langley. “Our driving community not only keeps our nation moving, but it also provides every single person at Dart an opportunity to earn a living, one that should be in a never-ending act of service not only to our customers, but to the lifeblood of our company and economy, our drivers It can never be said enough, but thank you for what you do for Dart, and thank you for what you do to keep America moving.” The post Dart Podcast Network Releases National Driver Appreciation Week Episode appeared first on Truck Insurance AAA - Commercial Insurance for Trucks by A Classic Plan Inc.. Source: https://www.truckinsuranceaaa.com/dart-podcast-network-releases-national-driver-appreciation-week-episode/ In a landmark ruling, Missouri Attorney General Chris Koster said Monday he had fined California-based Farmers Insurance Exchange, Truck Insurance Exchange and Fire Insurance Exchange $575,000 for violating state telemarketing and No-Call laws. This is the largest amount ever paid by a telemarketer for Missouri No-Call and telemarketing violations. The settlement agreement filed in St. Charles County Circuit Court also requires Farmers to adopt policies and procedures to prevent future telemarketing and No-Call violations, and to embark on a program of training and annual audits of its agents, which sell home, life and auto insurance. Koster said the Attorney General’s Office received more than 275 No-Call complaints over a four-year period about Farmers’s “harassing telemarketing practices”. Many consumers complained that they continued to be contacted by Farmers agents after instructing them not to call. Koster said unwanted telemarketing calls annually rank highest on the list of complaints received by the Attorney General’s Office. “Farmers Insurance simply looked the other way while its agents were flouting Missouri’s no-call law, illegally bombarding Missouri consumers with unwanted telemarketing calls,” Koster said. “This historic settlement combined with new training requirements should ensure Farmers reforms its practices to protect Missouri consumers.” Koster is known to be a vigorous campaigner against harassing telemarketing practices. Also Monday, he announced his office has filed a lawsuit in federal court against Charter Communications for violating federal and state telemarketing and No-Call laws. The post Farmers Insurance hit with landmark fine for telemarketing appeared first on Truck Insurance AAA - Commercial Insurance for Trucks by A Classic Plan Inc.. Source: https://www.truckinsuranceaaa.com/farmers-insurance-hit-with-landmark-fine-for-telemarketing/ Truck insurance is something on which you can drive a hard bargain. It is very competitive. You can save a lot of money by finding the best quote. Here are some tips to help you on your way. Research will bring you to your destination: a good policy at a good price with a good agent. If you have a new driver you can find out if their own policy would cost less. Depending on the vehicles involved it is sometimes cheaper overall to buy them a different policy. The notion that truck insurance premiums drop instantly when a driver reaches age 25 is a common misconception. Actually, rates start dropping around age 18, so long as the driver has a solid record of safe driving. Lower your truck insurance premiums by taking a safe driver class. Many truck insurance companies will offer a discount if you can provide proof of completion of a safety driving class. Taking, and passing, such a class gives the insurance company a good indication that you take your driving skills seriously and are a safe bet. To maintain a low price for truck insurance, always try to have a good driving record. Traffic violations and accidents can greatly increase your premium. Insurance companies take these things very seriously and it is always best to try to avoid accidents, when you are at fault, and traffic tickets, such as speeding. If you do not have a vehicle yet, be sure to think about what the insurance premium will be for the type of truck that you will buy. The type of truck that you drive plays a great part in calculating your premium. Your insurance premium will be higher if you own a sports truck or a truck that is high in value. Even though you may be loyal to a certain truck insurance company, it pays to shop around for other companies each year. The prices of truck insurance are constantly taking and by not looking around, you could be spending far more on your current insurance than you would be with another company. If you’re searching for lower rates, you might want to consider driving less. Simply put, if you drive less, your chances of an accident decrease. Most companies have low-mileage discounts for people that have a short commute or drive only a few miles a year. Ask your insurance company and see if you can receive that discount. Install an alarm in your vehicle. Getting an alarm for your truck can protect it from being stolen or vandalized. It can also help to lower your premiums. Check to see if your truck insurance provider offers a discount for having an alarm. If you already have a truck alarm, make sure you inform your provider. If you have a vehicle that is not worth much, consider getting only liability coverage on it. You can save a lot of money this way. You should know that if you have an accident that is your fault with liability coverage, you will not be covered, only the other driver will be covered. When you are making the final decision about your new truck insurance provider, you need to check out the company’s payment plan option. Is your premium due monthly? What happens if you make a late payment? All of these answers could lead you to find another company with more lenient practices with respect to premium payments. When you purchase a new truck, you should keep your insurance rates in mind and look for the best safety features you can get. Safer trucks are cheaper to insure. Because insurance companies are responsible for medical liability, they will charge a lower premium for safe trucks that minimize injuries in an accident. Drive safely and observe the rules of the road to lower your truck insurance rates. If you avoid accidents and tickets, you may qualify for a discount as a safe driver. Of course, being a safe driver will save you money all around in terms of ticket expenses and wasted gas, as well as getting you the lowest insurance rates. Truck Insurance A great way to save some money on your truck or truck insurance is to drive your vehicle less frequently. Many of today’s best truck insurance companies offer discounts to customers for low-mileage, incentivizing people to keep their trucks parked. If you can walk instead of drive, you can get some good exercise and save money on your insurance. These tips have given you a lot to think about. If you drive, you have to have insurance. Your insurance policy can give you a sense of secure coverage. Also, as these tips have shown, a little research can give you this security at a good price, perhaps enabling you to save hundreds of dollars every year. The post Some Insurance Companies Will Give Multi-Policy Discounts appeared first on Truck Insurance AAA - Commercial Insurance for Trucks by A Classic Plan Inc.. Source: https://www.truckinsuranceaaa.com/some-insurance-companies-will-give-multi-policy-discounts/ Truck insurance is just as much of a necessary expense as gasoline for every driver. Since you have to buy it why not learn how you can get the best insurance for the money you spend? There are plenty of steps you can take to get truck insurance that treats you better and costs you less. When considering truck insurance for a young driver, be sure to consider building up his or her credit, prior to shopping for insurance. This will not only assist with the new driver being able to get a possible better rate, but will also help when the young person may need other large purchases or loans in the future. When trying to keep down the cost your truck insurance, try to maintain a clean credit record. For some reason, truck insurers believe that people with a better credit record are also better drivers and will suffer fewer accidents. Knowing your credit score puts you in a better position to negotiate for lower rates. Saving money on truck insurance doesn’t always happen as soon as you sign your policy. One of the best ways to save is to stick with the company for a few years while proving you are a safe driver. As your driving record remains unblemished, your monthly premiums will start to go down. You could save hundreds each year that you avoid an accident. Take a driving course. Defensive driving, safe driver, and superior driving courses all show your insurance company that you are both a cautious and safe driver. Bring your certificate in to your insurance agent, and let them make a record of it. Many companies reward safe drivers with lowered premiums. Know what the different types of coverage are and what types are available to you in your state. There is body and and property liability, uninsured motorist coverage, coverage of medical expenses, collision and comprehensive coverage. Don’t assume your plan includes all types of coverage. Many insurance companies offer a la carte plans. Stay out of the gap. If you have more financed on your truck than it is worth, if your down payment is less than twenty percent, or if you lease, you should add Gap Coverage onto your truck insurance policy. The Gap Coverage will cover the additional amount, over the worth, if you total your truck or it gets stolen, and the entire amount of the loan will be paid off. Pay a yearly sum for your truck insurance. Some companies charge a little more to put their customers on a monthly billing plan. If you are able to pay off the bill in one lump sum for the year, you could save some money and you will have one less bill to worry about. Insurance companies base their rates on their past experiences with their customers. If you hear something about a general trend regarding one type of vehicle, this might not reflect how all insurance companies view that particular vehicle. You should request quotes from several companies and compare them: you might notice a rather big difference. A great tip to use to save money on your truck insurance is to pay for the policy in full. By doing this, you can save upwards of 30% on your truck coverage. Paying month to month may be more convenient, but it can also be a lot more expensive. Paying in a lump sum is preferable if you have the means to do so. If your truck is in good shape and you have few assets you need to protect, a great truck insurance tip is to get coverage that is 100/200/100 level. In most states you are required to have a designated minimum level of liability coverage, so always make sure to be covered by this minimum amount in case of an accident. Reduce your truck insurance payments by raising the deductible on your policy! This can save a substantial amount of money, but keep in mind that you are essentially self-insuring for part of any damages. This means that you should have the amount of the deductible saved and ready to use in case you do happen to get into an accident. If you consider yourself to be a good, safe driver, then perhaps you should consider letting your insurance company put a monitor in your truck. For great discounts, they will put a tracker in your truck which monitors driving habits, whether good or bad, and base their rates and discounts on what type of driver you are. Be smart about which claims you put it to your truck insurance company. Weigh the total cost of the damage against how much you have to pay for your deductible. If the difference is only a few hundred dollars, it may not be worth the extra premiums that the company is likely to charge you after you make your claim. Let your insurance agent know that you are interested in saving money on your insurance premium – perhaps you may be eligible for discounts that you didn’t even know about. Many companies will offer discounts to seniors or to drivers who have a record of safe driving. See what you might be eligible for! Many insurance companies offer a variety of discounts to their clients who qualify. One discount that many companies offer pertains to those customers who tend to drive less than the average person. If you drive infrequently, ask your insurance agent if you might qualify for this type of discount. A big part of setting the cost for your truck insurance premiums has to do with the type of truck that you drive. Remember that when you are in the market for a new truck – trucks that are more expensive to repair, for example, will often result in higher insurance rates. Since everybody needs truck insurance, it is a mystery that not everyone educates themselves on how to get the best coverage. Even a little bit of learning can pay off with big savings and much improved insurance. After reviewing the tips in this article you are on your way to improving your truck insurance situation. The post Ideas To Help You With Making A Decision About Truck Insurance appeared first on Truck Insurance AAA - Commercial Insurance for Trucks by A Classic Plan Inc.. Source: https://www.truckinsuranceaaa.com/ideas-to-help-you-with-making-a-decision-about-truck-insurance/ Costco, one of the world’s largest retailers, has stopped doing business with a California trucking company accused of trapping drivers in debt and then using it to force them to work overtime. The action comes as brands across the U.S. face increased scrutiny for ignoring labor abuses in their supply lines, a widespread problem first revealed in a USA TODAY Network investigation in June. Earlier this month, four prominent Democratic Senators, led by Sherrod Brown of Ohio, sent letters to 16 retailers, calling on them to root out “shameful” labor abuses first outlined by the USA TODAY Network. Soon after, Costco Wholesale dropped Pacific 9 Transportation, one of the biggest port trucking companies in Southern California. Hewlett-Packard also sent an auditor to investigate the company’s labor practices. Both retailers declined to comment on their actions. Alan Ta, chief operating officer for Pacific 9, said that even before Costco withdrew, his company had stopped leasing trucks to drivers and launched a series of reforms to improve their pay. A wave of pressure from retailers and manufacturers has hit port trucking operations across the industry, according to drivers who say their employers have been fielding calls from clients. Those clients include Walmart, which pledged in a letter responding to the senators that it would cancel contracts with any trucking company that did not provide “assurances” it was following fair labor practices. “The stories profiled in that article are deeply concerning,” Executive Vice President Jay Jorgensen wrote of the USA TODAY Network investigation, “Rigged.” “Any motor carrier that fails to comply with law, such as those alleged in the article, would be in violation of our contract and would therefore be subject to cancellation,” he wrote. The series revealed how port trucking companies in southern California have spent the past decade forcing drivers to finance their own trucks through company-sponsored lease-to-own programs they could not afford. The longer drivers worked, the more trapped they felt. After just a few months, drivers typically had paid thousands of dollars towards a truck. If drivers quit or got fired for any reason, most of them lost the truck and everything they had paid in. Many worked 20 hours a day to keep up with their truck payment and feed their family. For years, Pacific 9 used the same kind of lease-to-own program. Forty drivers have won California labor commissioner cases against Pacific 9, accusing the company of using the leases to cheat them of fair pay. Half of them testified that they had to work up to 19 hours a day, violating federal fatigue laws for truckers. As the USA TODAY Network began investigating and as labor judgments piled up against Pacific 9, the company stopped using leases. In April 2016, facing almost $7 million in court-ordered back pay and penalties, the company filed for bankruptcy protection. It has since started rehiring drivers as full-time employees and stopped charging them truck expenses. Ta and many of his drivers said the company is now working to become a model for the rest of the industry. Pacific 9’s sudden loss of business comes at a precarious time for the company – the tail end of drawn out bankruptcy negotiation with truckers. Drivers and their attorneys sent at least two letters to the senators pleading with them to ease pressure on retailers using Pacific 9. Rivera and Shackelford, a San Diego firm representing some Pacific 9 drivers, said Costco’s decision might “lead to the closing of Pacific 9 altogether,” undoing months of negotiations and possibly leaving drivers empty-handed. “We believe this would be a tragedy,” the attorneys wrote. Some drivers feel the same — even those who once testified about pervasive labor abuses inside the company. “Pacific 9 has followed through on its commitments to us drivers,” wrote trucker Santiago Aguilar, who filed a labor claim against the company in 2013 and has since been rehired as an employee with full protections. Aguilar’s letter was signed by 13 others at the company. “Now, I get a fair day’s pay for a hard day’s work,” he said. Pacific 9 is one of the busiest operators at the Long Beach and Los Angeles ports, according to port truck data obtained through a public records request. Using the data, reporters tracked the movement of the company’s 160 trucks and found that they were on the clock for more than the 14-hour maximum set by federal law at least 7,500 times over three years. Almost all of the company’s rigs exceeded the time limit set for commercial truckers at least once. But executives say those practices are a thing of the past. “We have made significant change in our company and to our industry,” Ta said in an email. Other companies that have used Pacific 9, either directly or as a subcontractor, include Hasbro and Goodyear. Hasbro did not respond to multiple requests for comment. Goodyear spokesman Keith Price said the tire giant “took immediate action and ceased use of Pacific 9 within two weeks of the California Labor Commission’s ruling against them.” The post Costco drops trucking company accused of labor violations appeared first on Truck Insurance AAA - Commercial Insurance for Trucks by A Classic Plan Inc.. Source: https://www.truckinsuranceaaa.com/costco-drops-trucking-company-accused-of-labor-violations/ Although there has been an overall decline in workers’ compensation claims, the frequency of claims for motor vehicle accidents has increased in recent years. According to the National Council on Compensation Insurance (NCCI) in a new report, these accidents can be very severe and are responsible for a significant portion of fatal workers’ compensation claims. “While workers compensation claims have been declining, motor vehicle accidents have been on the rise over the last five years,” said Jim Davis, author of the paper and NCCI director and actuary. “These often involve very serious injuries that can take their toll on injured workers and their families.” NCCI actuaries found that from 2011 to 2016, the frequency of all claims declined by 17.6 percent, while the frequency of motor vehicle accident claims increased by five percent. Additionally, 41 percent of fatal workers’ compensation claims were the result of a motor vehicle. According to the workers’ compensation rating organization, motor vehicle accident claims cost 80 percent to 100 percent more than the average claim because they involve severe injuries. These claims also tend to represent a higher share of the costliest claims. Over a five-year period, motor vehicle claims accounted for 28 percent of workers’ compensation claims above $500,000, versus just five percent of all claims. What’s Driving AccidentsWhile numerous factors may explain the rise in accidents, the NCCI report notes that it is “striking how the increasing popularity and use of smartphones coincides with this growing trend” of motor vehicle accidents. By the end of 2010, approximately 27 percent of all cell phones were smartphones but by the end of 2016, that figure had tripled to 81 percent, the report notes. Bill Donnell, president and CEO of NCCI, said this points to distracted driving as a key contributing factor. “It’s time for all stakeholders to better understand and work together to address this important societal issue,” Donnell said. The increase in motor vehicle accidents is not limited to workers’ compensation. NCCI found a similar pattern in the general population, with accidents generally increasing over the same time period, along with an increase in the number of traffic accident fatalities. Over the same period that motor vehicle accidents increased, smartphone use grew. According to the National Safety Council, a minimum of 27 percent of crashes involve drivers talking and texting on their phones. However, that report also states that driver cell phone use is likely highly underreported and, therefore, substantially underestimated. The post Workers’ Compensation Insurers Face Rise in Motor Vehicle Accidents appeared first on Truck Insurance AAA - Commercial Insurance for Trucks by A Classic Plan Inc.. Source: https://www.truckinsuranceaaa.com/workers-compensation-insurers-face-rise-in-motor-vehicle-accidents/ Insuring your truck not only protects you in the event of theft, damage, or a collision, it is mandatory in the United States. Depending on your finance status, your lender may also require certain amounts of insurance. Read this article for some tips on how to make the most of your truck insurance policy. When it comes to truck insurance, a good tip is to pick a more affordable choice of truck, especially if you have a teenager of driving age in the household. For instance, if you have a choice between a sedan or a sports truck, go with the former. Insurance for a sports truck is always more expensive. Having truck insurance is a necessary and important thing. However there are things that you can do to help keep your costs down so that you have the best deal while still being safe. Check out different insurance companies to compare their rates. Reading the fine print in your policy will help you to keep track of whether or not terms have changed or if something in your situation has changed. As long as your truck insurance is in accordance with state law, you should not have to purchase a more comprehensive package. This is a great way to save money. If you are a safe driver in a relatively safe area, you can drop certain features like collision coverage and end up saving a bundle of money. There are a lot of factors that determine the cost of your truck insurance. Your age, sex, marital status and location all play a factor. While you can’t change most of those, and few people would move or get married to save money on truck insurance, you can control the type of truck you drive, which also plays a role. Choose trucks with lots of safety options and anti theft systems in place. Consider purchasing your truck insurance policy online. Many companies offer a discount for online purchases. The companies do this because it costs them less to use an automated system to begin your policy. In most cases, you will see a five to 10 percent reduction in your quote for the policy. Having an expensive truck or truck that is considered a sports truck will often increase the price one pays for truck insurance. If one does not like the sound of that then they should consider getting a different type of truck. It will not only save them insurance money but often money off the truck itself. If you are a newlywed, have your truck insurance policies combined. Companies offer something called a “multi-car discount”?, which means that you will save money just by putting your trucks on the same plan. If the two of you don’t have the same insurance company, consider changing one of your policies. To make sure you’re getting fair pricing in your premiums, verify that your reported information is accurate in your policy. For example, ensure that the make/model of your vehicle is correct, the number of miles on the vehicle when you took out the policy, etc. Even your reported commuting distance is important as shorter commuting distances can have a positive effect on your premium savings. If you are buying a brand new truck, you should be aware that the truck’s warranty probably provides services such as towing or pays for a rental truck while yours needs repairs. If you warranty covers these features, you should drop them on your insurance. When you warranty expires, do not forget to upgrade your insurance again. Add your husband or wife to your policy. This can reduce your rates greatly because it shows stability. This shows the insurance company that you are a stable and secure driver. This will lower your rates even more than being unmarried or just adding someone that is older, to your policy. You should look at your insurance policy very carefully before making a payment. One section that you should look at in particular is a section that refers to what kind of parts they will cover if you should get into a truck accident. Some insurance policies do not cover original manufacturer parts. You should get this ironed out before you get the insurance. When you are hunting truck insurance discounts, check with all of the clubs and organizations you belong to, not just truck-related ones. Professional organizations and major service clubs (like the AARP), often have truck insurance deals to offer to their members. Taking advantage of organizational discounts can save you plenty of money. There are a lot of factors that determine the premium you pay for your truck insurance policy. Much of that price is determined by the truck that you have insured. If you truly want the lowest possible cost, ask your agent what trucks, years and safety features will net you the lowest possible price. You should know when it comes to truck insurance that your age, gender, and driving history affect your premiums. Amongst these the only one you can control is your driving history, so you should aim to keep your driving history as pristine as possible in order to keep your premiums as low as possible. Choosing a higher deductible will lower your insurance premiums. If you have to pay a high deductible, you are liable for repairs, but you can get protection from total loss or to other’s property. Having a high deductible makes sense if your truck has a low value. Truck Insurance A great way to save some money on your truck or truck insurance is to drive your vehicle less frequently. Many of today’s best truck insurance companies offer discounts to customers for low-mileage, incentivizing people to keep their trucks parked. If you can walk instead of drive, you can get some good exercise and save money on your insurance. Purchasing truck insurance is not generally optional, and there are, in fact, many options available within this requirement. There are ways to reduce your costs and improve your coverage. Having read this article, you should be better informed about these options and ready to make the best decisions about insurance. The post Fantastic Tips To Try For Your Truck Insurance Needs appeared first on Truck Insurance AAA - Commercial Insurance for Trucks by A Classic Plan Inc.. Source: https://www.truckinsuranceaaa.com/fantastic-tips-to-try-for-your-truck-insurance-needs/ |