Insurance & Risk Management
Insurance & Risk Management, sponsored by Reliance Partners, is a weekly look at how trucking operations of all sizes, including owner-operators, can minimize their exposure to risk and insurance claims. More information on Reliance Partners’ offerings can be found at: www.reliancepartners.com.
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Hurricane season heats up – responding to a big one
While hurricanes produce an abundance of freight-hauling opportunities, truckers should understand it’s best to hunker down before hitting the load boards.
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Ensuring a non-owned trailer becomes a non-issue
Just because you don’t own the trailer doesn’t mean you’re exempt from its liabilities. Truckers should protect themselves with the proper insurance coverage.
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To keep or not to keep: What to consider when engine problems arise
Truck owners can respond to engine issues by repairing or replacing their troublesome trucks — or using them for spare parts.
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Analyzing the response to COVID-19 and the importance of contingency planning
Truckers have once again proved they can rise to any challenge. Motor carriers should reflect on COVID-19 to prepare themselves for the next time disaster…
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The identity crisis of a non-rated motor carrier
Seidl suggests that non-rated carriers are often better than those labeled satisfactory.
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In the market for a used truck or trailer?
Ashley Hammonds of Reliance Partners cautions that buying a cheap older truck may have an inverse effect on insurance rates.
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Auto haulers may soon be on the upswing
As car manufacturers resume production, the trickle-down effect may breathe new life into the hard-hit auto hauling industry.
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Prioritize mitigating credit risk, especially during economic uncertainty
The sudden increase of non-payments and defaults can quickly sink your transportation company.
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It’s only a matter of time before your business will suffer a cyber-attack
Ransomware attacks are on the rise and transportation companies are a prime target.
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Before hitching that reefer trailer, make sure to choose the right coverage to avoid insurance meltdowns
Reefer is a hot trucking segment, but jumping in without considering proper insurance could freeze you in your path.
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