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Tuesday, April 7, 2009

Trucking Insurance Coverage at the Best Rates

By Steve Turner

With the competitive market right now it is possible to get great rates for your trucking insurance policy. Drivers of commercial trucks should get a quote from an insurance provider that specializes in trucking insurance to see if they are more cost effective.

Trucking insurance coverage does not generally take into account the age of the truck in determining the rate. This is because insurance providers have seen that for the most part older trucks are taken better care of than newer trucks.

Tires, brakes, and safety features should always be kept in the best condition. To purchase trucking insurance you have to prove that the truck has passed a Department of Transportation inspection.

Safety is one of the biggest concerns in the trucking insurance business. Putting into place additional safety features and reporting them to your insurance provider could qualify you for discounts on your policy.

The more experience that you have as a driver the cheaper your premium rates will be. If you have a clean driving record you may also see a reduction. Insurance providers could also reduce your rates if you have been insured with them for a number of years.

Trucking insurance coverage can be purchased for usually around $750,000 and $1,000,000. Adding cargo insurance to the basic policy is generally a good idea for all commercial truck drivers.

A wonderful resource to utilize when shopping for trucking insurance is an insurance broker. Since brokers work with numerous insurance providers they are able to help you obtain the best purchase price for your policy. - 23211

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