In the commercial truck insurance industry, we deal with a lot of accidents. Royalty agents are adept at assessing damage and determining liability. But even with decades of practice, we still have to deal with attempted truck insurance fraud from time to time. (more…)
Transportation Insurance
The Federal Motor Carrier Safety Association (FMCSA) has many rules for truckers of driving on the road to increase the safety of truckers, other drivers, cargo, and the environment. Hazardous materials haulers have special regulation and truck insurance because their freight is harmful or deadly if spilled in an accident.
To read all of the hazardous materials regulations in depth, click here. Otherwise, here is a brief overview of some of the important facets. (more…)
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…)
Despite the highest unemployment rate in almost 30 years, the trucking industry actually has a bunch of open positions that employers cannot find qualified truck drivers to fill.
So how is it possible that there are well-paying jobs available without qualified candidates to fill them? And during a recession? Here are a few of the factors that contribute to the industry need for more truckers. (more…)
A semi-truck in Milwaukee, Wisconsin crashed on Monday, March 26, 2012, spilling sulfuric acid on the intersection of N. 76th and (ironically)W. Good Hope Road. The HazMat team was on the scene cleaning up the spill while authorities blocked off the blocks between N. 76th and W Bradley Road.
Luckily, early reports said that the crash isn’t dangerous to local people, but precautions are being taken regardless. Traffic is being diverted until the mess is cleaned up. (more…)
As the winter storms begin to cover the roads with sleet, snow, and ice, the dangers of driving increase dramatically. In order to keep safe, protect your vehicle, and prevent your truck insurance rates from rising, check out these winter truck tips from Royalty. (more…)
Good news for truckers in the United States! According to the Bureau of Labor Statistics, preliminary numbers show that 3,600 new payroll jobs were added this November in the for-hire trucking industry. (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…)
On October 22, 2011, Royalty Truck Insurance participated in the First Slavic Truck Fair at Bethany Park in Sacramento, California. The event was a rousing success and Royalty was proud of our role. (more…)
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…)