Transportation Insurance

Nov

Diesel Fuel Prices Drop for First Time in a Month

Posted by Truck Insurance Specialist at 1:44 pm

According to the Department of Energy on Monday, November 7, 2011, diesel prices fell a half-cent to $3.887 per gallon, the first time it has dipped in over a month. Gasoline, meanwhile, continued to decline for the third consecutive week.

While this news does bring slight optimism to commercial truckers, it is still too early to predict if the trend will continue.

During the previous three weeks, diesel rose by 17.1 cents, quite a steep incline. In fact, even with the drop in price on Monday, diesel is still 77.1 cents higher that it was on the same week in 2010.

Likewise, gasoline is 55.9 cents above 2010’s prices for the equivalent week, despite a drop of 2.8 cents on Monday, the third consecutive week with a downward trend.

What will the future hold for the prices of gasoline and diesel? It is hard to say. With the planned withdrawal of US troops from Iraq in the following months, unrest may ensue, bringing instability to the region and fuel prices.

In addition, the price of oil was over $95 per barrel on the New York Mercantile Exchange, higher than any closing price in three months. Time will tell how the volatile market will respond.

Commercial Trucking Insurance

With soaring diesel and gas prices looking in the distance, it is important to take advantage by lowering other costs to your business. One way is to find cheaper commercial trucking insurance. Talk to a Royalty customer service representative about lowering your rates: 1-866-989-8998

Find other helpful hints and truck insurance news on our Commercial Truck Insurance Blog, including this article on preparing for the winter weather.

Follow us on Twitter @RoyaltyTruckIns

Oct

Weathering the Winter Storm: Truck Insurance Advice

Posted by Truck Insurance Specialist at 4:19 pm

With fall whipping in like a blustery wind, the falling leaves signal that winter is right around the corner. And with the frigid cold of the waning 2011 calendar, an increase in accidents and automotive predicaments are sure to accompany. But there are precautions you can take in order to reduce the probability of accidents occurring. (more…)

Oct

Common Truck Maintenance Procedures

Posted by Truck Insurance Specialist at 4:24 pm

Part of successfully insuring your truck is making sure that you avoid accidents. Obviously, the reason you choose premium commercial truck insurance is so that you do not have to worry about getting out of a sticky situation when you do need it.

But there are precautions you can take that will help prevent an accident from ever happening, so that you will not have to deal with filling out forms, getting your truck repaired, having your claims checked, or recovering from an injury.

Here are some common truck maintenance procedures that will help relieve long-term stress. (more…)

Oct

Reporting Claims for Truck Accidents

Posted by Truck Insurance Specialist at 3:31 pm

One area of commercial truck insurance that could use some development is the reporting of claims immediately following an accident. Drivers fluctuate greatly in their reports; some provide very specific details with multiple pictures and witness contact numbers, while others are brief and leave out crucial aspects.

So what’s up?! (more…)

Oct

Commercial Truck Insurance: Protect Your Employees

Posted by Truck Insurance Specialist at 3:07 pm

One of the most important aspects for any business is to ensure that its workers are taken care of and protected, whether this means adequate pay grade or providing insurance. For a potentially dangerous job like trucking, this is even more important. Find the right commercial truck insurance plan that can protect your employees, thereby helping to keep your business strong as well. A healthy worker is a happy worker! (more…)

Sep

Commercial Truck Insurance: A Guide To Non-Trucking Liability

Posted by Truck Insurance Specialist at 2:22 pm

Liability insurance is designed to protect motorists who are found to be not at fault in an accident. Most every state in the United States requires at least liability coverage in order to operate a motor vehicle. Without liability insurance, motorists would be at risk of being forced to pay for damages caused by others or seek compensation through civil litigation.

Commercial trucks are also required to carry liability insurance. In most cases, motor carriers have a primary liability policy in place to cover the drivers who work for them. This coverage also often extends to the independent owner/operators who haul their goods on a contract basis.

Primary Liability Coverage Ends When The Job Is Done

Once the job is done and the trailer is detached, the independent driver will find his or herself without that coverage. Primary liability only covers independents when they are on active dispatch and does not even cover return trips from successful hauls.

Because liability insurance is required by law and having liability insurance is simply common sense, independent drivers need to find a way to keep themselves covered when off the job. This is known as non-trucking liability insurance.

Non-Trucking Liability

Non-trucking liability is a handy form of commercial truck insurance because it works just like a primary liability policy when a driver’s contracted employer’s coverage is invalid. It also saves drivers money because they only pay for it when they are not otherwise covered.

Additional Concerns

For full protection you will want to also purchase a comprehensive coverage policy to cover the cost of damages to your own truck, which liability insurance does not cover.

Want to read more about commercial truck insurance blogs? Why not learn more about various truck insurance coverage options?

Sep

Everything’s Bigger: Texas Truck Insurance

Posted by Truck Insurance Specialist at 3:43 pm

Each state has its own particular requirements and regulations for commercial truck insurance. Some may require stricter enforcement of cargo insurance or necessitate more coverage for particular types of freight due to its potential to cause environmental or other harm. Here are some of the regulations for Texas Truck Insurance. (more…)

Sep

Commercial Trucking Insurance: Cargo Protection Policies

Posted by Truck Insurance Specialist at 3:48 pm

Along with the necessary policies that must be purchased for minimum commercial trucking insurance coverage, there are also some additional policies designed to protect your cargo and freight while hauling it. It only through purchasing complete coverage that you can protect yourself from the full array of damages that could occur in an accident.

(more…)

Aug

Commercial Truck Insurance Policies: Dump Truck Insurance

Posted by Truck Insurance Specialist at 1:53 pm

The tow truck. The cement mixer. The crane. All of these trucks have a reputation as biggest, baddest, and most recognizable in the trucking industry. But none of them pull weight compared to the dump truck. Even from an early age, kids receive toy dump trucks, either as small hand-held toys or riding vehicles. From the distinctive back container to the brilliant colors, the dump truck is known to all ages. And it is also important to the construction industry, which is why the right commercial truck insurance policy is so crucial to protect your business. (more…)

Aug

Commercial Truck Insurance: Stated Amount

Posted by Truck Insurance Specialist at 1:45 pm

Commercial truck insurance is different from normal private insurance for small passenger vehicles. It is often insured with a “Stated Amount” basis for physical damage. (more…)

« Previous Page

Royalty Truck Insurance is one of the most respected truck insurance companies in United States. We have been providing competitive truck insurance quotes and policies for all types of trucks for over 10 years.

Our customers have been renewing their truck insurance policies at an above average rate, and we are pleased to offer the best policies that fit your individual needs.

Truck Insurance is an inevitable part of operating a truck in the United States, and rates continue to climb as cost rise. Here at Royalty Truck Insurance we pride ourselves in providing the best truck insurance rates available to us, the best customer service in the industry, and the most efficient processing of your truck insurance quote.

Royalty Truck Insurance started its roots providing truck insurance in California, and throughout the years our customers grew from state to state and now we cover most of the United States, providing quality truck insurance, tow truck insurance, cargo insurance, General Freight, and much more.

One more aspect of Royalty Truck Insurance is the fact that we specialize in providing insurance for high risk truck drivers. We shop hundreds of companies and we get the best insurance rate and take it back to our truck driver.

If at anytime you are in need of assistance go ahead and give us a call toll free at 866-989-8998