Transportation Insurance

Everyone who has been in the trucking industry knows how expensive commercial trucking insurance can be. It is actually one of the top expenses of the business, for many reasons.

For one thing, a truck has the potential to cause a lot of damage should an accident occur.

Secondly, the cargo must be insured to protect it from any harm or from causing harm if you are a hazardous materials hauler.

And thirdly, your job depends on your ability to drive, so when you are injured or your truck is broken, you cannot earn an income.

Where does this leave the trucker trying to save money and cut costs? Well, luckily for you, a few options do exist. Here are some tips to reduce your truck insurance costs. (more…)

There are positive signs in the trucking industry for 2012 after the successful numbers from 2011 suggest an incline in business.

The American Trucking Association released its index, stating that shipment weights for commercial trucks rose 6.8% in December 2011 for November. This may seem likely due to the holiday season, but numbers are season-adjusted  and accurately reflect an increase. (more…)

Last week we outlined the changes made by the Department of Transportation for truck drivers on December 22, 2011 in an ongoing effort to keep our clients informed about important trucking news. This week, I will break down the law changes in order to show how they affect truckers, which changes are positive, and which ones did not go far enough.

Let me begin with a disclaimer: safety is always a priority when it comes to trucking. Being in the commercial truck insurance industry, I have seen my fair share of life-ending accidents and any measures that could be used to reduce those are valuable. (more…)

The Department of Transportation (DOT) announced on December 22, 2011 that it was changing laws in order to reduce commercial truck driver fatigue. The updated rules revise the hours-of-service (HOS) for truck drivers so that they aren’t forced to be on the road for extended periods without rest. (more…)

The commercial truck insurance industry has many complex aspects that we at Royalty Truck Insurance try to simplify for your ease. But it is important that you at least have a minimal understanding of some of these forms and coverages, in order to better protect your truck and business. One of the pieces of paperwork we file for you is the MCS-90 Form. (more…)

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