Choosing a truck insurance provider starts with shopping up for quotes. Truck insurance rates affect your decision greatly. You need coverage that will protect you in any situation but you can’t afford overpaying. It can take time to find the company you will be happy with, so it makes sense to work with a truck insurance agency. It is also useful to know what affects insurance price to see what you can really expect. There are many factors that can change the premium. That is always why it is a good idea to review your policy every once in a while.
Without a doubt, the first thing that affects the price is the truck itself. Things like its size and age, model and condition can affect how much you are going to pay for insurance. Another thing is the number of trucks on your policy. Obviously, the more vehicles you have on the policy, the more you pay for it. But the good thing is that there’s a great chance to get a discount for multiple vehicles.
Another factor is who is going to operate the truck (or the trucks if there is more than one). Driver’s experience and driving record are important in building the price of your truck insurance.
Cargo your truck hauls also matters. For instance, insurance for a hazmat truck will be more expensive than that on a truck that ships produce.
Routes and average mileage per year will also affect your rates. Do you ship locally? How many miles does your truck run per year? Answers to these questions can change the price to your policy.
To see how you can save on your commercial truck insurance, contact SafeLine Truck Insurance and talk to one of our agents. We are looking forward to getting you the right coverage that will protect your business!