When you get into a commercial trucking accident, the last thing you want to think of is the fact that you don’t have commercial truck insurance. It’s so important that most states legally mandate you to have it to operate your vehicle. Picking the optimal one for you can be difficult, though. Should you prioritize the best possible or the cheapest? This article will help you find the commercial trucking insurance plan that is best for you.
When considering truck insurance for a new truck driver, consider signing up for automatic payments if your provider supports them. Not only will this help to ensure that payments are on time, but your insurance provider may even provide a discount for doing so. Another option to consider is paying the entire premium at once.
If you want to find the cheapest commercial trucking insurance policy available, you will have to compare policies from various companies. Comparing quotes and policies is how you find which companies are offering good deals and which companies are overcharging for inferior service. Line up two or three solid policy choices and compare them side by side.
Most new drivers pose a higher risk to truck insurance companies because their age bracket is statistically involved in more accidents, but students can combat this by simply making the honor roll. Students with good grades are less likely to get behind the wheel of their commercial truckings drunk or having taken drugs, and insurance companies know this.
Saving money on truck insurance does not have to be a difficult thing, especially if you are loyal to the same company. Most policies are only for a term of around a year, so make sure you re-up with the same company. If you show loyalty to the insurer, you will be rewarded with lower monthly premium payments.
You can lower your rates by doing a few simple things. Make sure your new driver successfully completes a truck driver’s education course and graduates with good grades. This will keep the cost of your insurance much lower.
See if your insurance company offers or accepts 3rd party driving tests that show your safety and skills in driving. The safer you drive the less of a risk you are and your insurance premiums should reflect that. Ask your agent if you can receive a discount for proving you are a safe driver.
When you report your annual driving mileage to your insurance company, resist the temptation to nudge your figure down. Lower mileage translates to lower premiums, and mileage seems to be something insurers cannot verify. But they can verify it: Insurers will use service reports to check your mileage when you submit a claim. This is the worst possible time to be in dispute with your insurer; avoid the possibility by reporting mileage honestly.
Don’t drive without insurance. It can be a big gamble, and it’s also illegal. This article should have pointed you in the direction you need to figure out what commercial trucking insurance is best for you. While your financial situation may force you to pick something less than optimal, the tips given here will help you understand your policy and select the plan that’s right fo