Trucking insurance premiums are influenced by various factors, including your claims history. By steering clear of typical trucking insurance claims, you can improve your chances of obtaining favorable rates for your trucking operations. Here are some insights into common types of claims and tips on how to avoid them:

Commercial Truck Accidents

Specialized training and proper endorsements are mandatory for commercial truck drivers to ensure they possess the necessary skills for their specific driving responsibilities. This training equips them with the knowledge and expertise to effectively prevent accidents. When operating commercial motor vehicles (CMVs), drivers encounter various risks, including challenging weather conditions, potential equipment malfunctions, and issues related to the roadways they navigate.

Collisions involving semi trucks and other vehicles can lead to substantial damages. In order to handle third-party claims pertaining to injuries, fatalities, and property damage, the Federal Motor Carrier Safety Administration (FMCSA) requires trucking companies to maintain minimum levels of public liability insurance coverage. This requirement is in addition to complying with the state's commercial auto liability requirements. —

To avoid accident-related trucking insurance claims, consider the following tips:

• Fleet Maintenance—Adhere to the Federal Motor Carrier Safety Regulations (FMCSRs) by ensuring CDL drivers perform pre- and post-trip inspections on their CMVs to assess their operational condition. According to the FMCSA, 29% of trucking accidents caused by equipment malfunctions are attributed to braking system issues.
• Driver Training—Conduct regular training sessions to educate drivers about safety regulations, rectify poor driving habits, and enhance overall driving skills. By doing so, you can minimize the likelihood of your drivers causing accidents.
• Technology Implementation—Utilize technology to monitor driver behavior and address distracted driving, particularly mobile device use. The FMCSA prohibits drivers from using non-hands-free electronic devices. While hands-free devices are allowed, it is advisable to require drivers to pull over before using any such devices.
• Emphasize Safety Culture—Foster a safety-focused environment where drivers and other employees prioritize accident prevention.

Workers' Compensation Claims

Motor carriers frequently encounter workers' compensation claims due to the inherent nature of their work. Various factors contribute to these claims, including extended working hours, prolonged periods of sitting, responsibilities related to cargo unloading, working in isolation, and the stress arising from traffic and lifestyle factors. Investing in safety training programs can help drivers avoid injuries, reducing the likelihood of workers' compensation claims.

Effective Strategies for Shopping for Trucking Insurance

In today's insurance environment, it is crucial to stay vigilant about your insurance premiums and any changes in coverage. Delaying the review of your trucking insurance renewal paperwork until the last minute can lead to overpaying for coverage. Collaborating with a knowledgeable insurance agent, like Stewart Kriese Ins Agency Inc. can help you manage your premiums effectively. Take the opportunity to engage in discussions with your agent, highlighting the implementation of a safety program and regular driver training sessions as part of your strategy to control costs and promote a culture of safety.