What Are The Top 5 Tips To Reduce And Control Your Trucking Insurance Premiums?

What Are The Top 5 Tips To Reduce And Control Your Trucking Insurance Premiums?


Learn how to best reduce and control your trucking insurance premiums from the experts at InsureMyRig.com. These top 5 tips will allow you to save as you grow your trucking company more effectively.

How To Cut Your Car Insurance Rate In Half With Root Insurance

How To Cut Your Car Insurance Rate In Half With Root Insurance


Are you paying too much for car insurance? At Root, we could cut your rate in half.

Here’s how it works: Root doesn’t insure bad drivers, and that means you don’t have to pay for their accidents. Everything is in the app. Just drive like you normally would for a few weeks. If you’re a good driver, you could save up to 52% on your car insurance. And that gives you extra cash to buy something you really want.

Trucking Insurance Video 1 Getting Your Own Trucking Authority

Trucking Insurance Video 1 Getting Your Own Trucking Authority


Video 1 of the series Getting Your Own Trucking Authority.
Please subscribe to keep these videos going.
Video 2 of the series is Trucking Authority.

Disclaimer: These videos are all based on my experience and my opinion. They do not include any facts or change what you may experience.
Trucking Inside is not endorsed by any one or business that is mentioned in any of their videos.

How To Renew Policy [ ICICI Lombard ] Motor Insurance Online

How To Renew Policy [ ICICI Lombard ] Motor Insurance Online

Motor Insurance Online” upload_time=”2015-09-20T22:08:35.000Z” description=”This video is regarding purchasing new or renewing ICICI Lombard Insurance Policy online” duration=”PT5M29S”]
This video is regarding purchasing new or renewing ICICI Lombard Insurance Policy online

What Are The Top 5 Tips For Starting A Trucking Company?

What Are The Top 5 Tips For Starting A Trucking Company?


Hello again, Mike Lawrence here from InsureMyRig.com, the premier trucking insurance agent on the web. InsureMyRig.com is your best source for trucking insurance information, fast quotes, and great customer service.

Today, I’m going to give you my Top 5 Tips for starting a trucking company! With the nation’s economy in full-blown recovery, there are opportunities for smart businesspeople to start their own company, and drive towards the American dream. Startup businesses have a high failure rate, and trucking companies run on thin profit margins. Hopefully, my tips can help you to not become one of those statistics; so, let’s go take a look at our list.

Tip #1 Start with one or more core customers

In the bar/restaurant business, it’s said that your regulars are the ones who keep the lights on; they are the ones you count on to pay the bills, and you need to treat them like gold. Core customers, who can promise regular loads and prompt payment are a huge asset; relying on brokers or internet load boards takes up much of your management time chasing loads and money. Use those broker loads to fill in the gaps…but depend on, and work hard to cultivate good core customers.

Tip #2 Have 90-120 days operating capital on hand before

starting Trucking is not an inexpensive business to start. Truck payments, registrations, insurance and definitely fuel will drain your bank account even faster than my wife can drain mine! Even in a best-case scenario, you will not get paid for hauling a load within 60 days of doing the work; most shippers and brokers pay anywhere from 90-120 days after, and during those days, your wheels still need to be turning. One of the biggest reasons for new venture failure is a lack of good financial planning, so protect yourself from that pitfall and you’ll increase your likelihood of long-term business success.

Tip #3 Improve your credit rating

Speaking of good financial planning…do you know what your credit score is? There are many internet sites where you can get a credit report, such as freecreditscore.com; make sure you check your report for accuracy prior to startup and dispute any discrepancies. Truck dealers, insurance underwriters, and banks will all use your credit score to determine lending and premium rates. A good credit score will make a huge difference in your business’s bottom line; and generating profit is a bussiness’s primary goal. Get good credit, and keep it good by paying your bills on time, every time.

Tip #4 Start Small

An entrepreneur, by definition, is a risk-taker; someone who wants control over their future. A smart entrepreneur knows not to take on TOO much…too much risk, too much debt, and too much work! Trust me, as your own driver, manager, bookkeeper and salesman, you will have plenty of tasks to keep you busy in your first 12 months. My advice would be to concentrate on all of those; and not worry yet about hiring new drivers until you’ve got a very tight understanding and control of your other duties. Besides, no one else is going to take care of your business and your customers as well as you can. Start small, and grow carefully.

Tip #5 Pick 3 professional advisers

All businesses need outside professional advice; and trucking is a very specialized business. Make sure that your accountant, lawyer and insurance agent all are experienced in handling trucking accounts; this is a bad time to pick your brother-in-law to be your business attorney! All of the outside advisers that you use should be able to provide references of other satisfied trucking clients. Our family-owned insurance agency, for example, has been serving the truck industry for 80 years, and we are members of local, state and national trucking associations. We can provide you with competitive quotes from A-rated insurance carriers, and help to make sure you stay compliant with government regulations. We’re the best!

That’s it for this time around. I hope you find this information helpful; if you have further
questions or comments feel free to email me at mike@insuremyrig.com.
Drive safely out there!

Insurance Loopholes: What You Need To Know About Car, Home And Travel Insurance (CBC Marketplace)

Insurance Loopholes: What You Need To Know About Car, Home And Travel Insurance (CBC Marketplace)


Originally broadcast December 6. 2013

You think you’re covered… but what if you’re not? Ordinary Canadians are in financial ruin after discovering they lacked the coverage they thought they were paying for. Marketplace gives you a a crash course in insurance as we check the fine print, reveal the loopholes and show you how – for travel, your home and your car – you may not be covered.

More from CBC Marketplace, Canada’s top consumer affairs show:
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Follow our hosts @cbctom and @cbcerica

Truck Driver Insurance For Your Trucking Business

Truck Driver Insurance For Your Trucking Business

Truck drivers must have proper insurance to drive heavy trucks on the highways. When they work for a trucking company the company takes care of the insurance requirements. Drivers who take the leap to become owner/operator truck drivers or small fleet owners become responsible for their own insurance. At that point they must be very knowledgeable about the type of coverage they need. They should discuss various options with insurance agents to determine the type of coverage and the proper amount of insurance required to cover the needs of their new business.

Budget Direct Insurance: Comprehensive Car Insurance, Lower Prices

Budget Direct Insurance: Comprehensive Car Insurance, Lower Prices


Meet Budsy, spokespuppet for Budget Direct Insurance.

Budsy believes every Singaporean driver can get quality comprehensive car insurance, at lower prices. Why, because he buys direct.

Stop paying more than you need to. Save on your premiums to spend money on things that matter to you. Like acting classes…

For quality car insurance, visit or call us at +65 6221 2111, we’re open from 8am to 8pm, Mondays to Fridays and 9am to 3pm on Saturdays (except public holidays).

For Claims support, please call +65 6221 2199 or +65 6540 2199 if you’re overseas.

Risk Retention Group By Forerunner Insurance Group Trucking Insurance In Florida & Georgia.

Risk Retention Group By Forerunner Insurance Group Trucking Insurance In Florida & Georgia.


Trucking Insurance Semi Truck Insurance Florida and Georgia. A risk retention group is an alternative risk transfer entity created by the federal Liability Risk Retention Act. RRGs must form as liability insurance companies under the laws of at least one state—its charter state or domicile

AA Car Insurance – Who’s Got Clever Car Insurance?

AA Car Insurance – Who’s Got Clever Car Insurance?


Our Members get fully comprehensive cover to drive other cars too. Visit theAA.ie to find out more: