What goes into calculating your trucking insurance premium rate? Most of it is firmly under your control. Your Trucking company is your business, and you are the CEO. Every good executive is armed with the facts to maximize profits by minimizing expenditures. This article from overdriveonline.com is a must read for anyone starting or wanting to reduce your rates.
“In 1999 I decided to apply for my own authority. But before doing so I wanted to make sure I had all my ducks in a row. I began to prepare. Secured the money for the down payment on a truck and trailer, saved enough operating capital for a minimum of 30 days, established a customer base, and developed a financial back-up plan if things went south on me. With all those items in place I was confident I had planned well and was prepared to get my own authority. I promptly did so.”
Head on over to Overdriveonline.com to read the full article on calculating your trucking insurance! https://www.overdriveonline.com/overdrive-extra/article/15288488/how-do-insurers-calculate-our-trucking-insurance-premium-rates
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