Colonial Insurance is one of only a handful of US companies that specializes in trucking insurance policies. They help fleet owners, owner operators and others in the trucking industry build the best policies to meet their needs and budgets. The company has an advantage over other commercial auto insurance providers because their staff has a…
Everyone is aware that cargo is the lifeline of the trucking industry. With that said, you may not be aware how theft impacts the industry. It’s estimated that theft causes $22.6 billion in losses alone each year. The average loss was $64,000 per theft, and without freight insurance, this level of a loss could bankrupt…
So you have an interest in becoming a freight broker but are not sure about the requirements. One of those requirements is securing a surety bond. Before you can start operating legally, this is one of major requirements you’ll need to meet. What is a Freight Broker Bond? A freight broker bond, also known as…
You have a lot of worries when you’re a trucker. Other drivers can quickly change lanes causing an accident, your vehicle can breakdown or your brakes can fail. The risks can be managed if you choose the right insurance. But as you’ll find out, there are a lot of insurance options to pick from. Bobtail…
Truck cargo insurance protects your business. The heart of every trucker’s haul is the cargo that they carefully transport from loading centers to terminals around the world. When damage or theft occurs, your business’s reputation is on the line. What happens if vital goods are stolen or damaged during transport? You’ll want to ensure that…
Trucking is a risky business. Owner-operators average $184,900 per year, doubling the average OTR trucker salary. While the higher salary is nice, the owner-operator has to worry about expenses and risks that a non-owner operator can ignore. And the one decision that’s the biggest protectant is choosing commercial truck insurance. Insurance offers owner operator trucking…
