Insurance
is an essential feature of almost any business, and the trucking
industry is not exempt from this general rule, especially since
businesses under this classification are relied on by various clients
to transport the very merchandise that provide them with profit.
Below are some basic facts on trucking insurance that anyone
operating a transport business should know.
There are many
factors that determine the insurance rates that a trucker can qualify
for. For one, a driver who has been involved in one too many
accidents is more likely to get into one in the near future, hence
the insurance provider will be less inclined to offer him an
excellent policy. In fact, accidents and traffic violations in one's
driving history might even result in a higher premium.
Your insurance
premium may also be raised or reduced depending on your driving
experience, since it is simply logical to assume that a person who
has been driving for a long time has a lesser risk of getting into a
road mishap. Moreover, your age may also be a factor since certain
statistics and studies show that the ideal age for a driver is around
30 to 65 years.
If your truck has
several safety features such as dependable anti-lock brakes and
airbags, you may be able to get a discount from your insurance
provider. Also, the rate and frequency with which you changed
employers may also give insurance providers an idea of your
dependability, thus affecting your premiums.
