The trucking and transportation industry continues to be a very important one as it ensures that all products get to their ultimate destination. For those that own a commercial truck, being adequately insured is very important. Having a full trucking insurance policy will provide you with a variety of different types of coverage.

Traditional Types of Insurance Coverage

When you get a trucking insurance policy, you will first get a traditional type of insurance policy. This type of insurance policy will include your standard commercial liability, collision, and comprehensive insurance coverage. This will provide coverage to you and your truck for a wide variety of losses including car accidents, theft, vandalism, or damage by a storm. The commercial liability components are required to be carried at all times, and most owners would benefit greatly from also having the collision and comprehensive coverage on their truck at all times. 

Specialty Insurance

When you have a truck, there are many other types of insurance that you will need to have on your truck as well. A kind of insurance that you will need to have is cargo insurance. This type of insurance will provide you with insurance for the cargo you are transporting. This will give you financial coverage in the event it is damaged or stolen. Many owners will also benefit from having bobtail insurance, which will provide you with insurance coverage if you are driving without cargo or are using the truck for personal reasons. 

If you are a Waldron, AR area truck owner or operator, you should contact The Owens Agency, LLC. Our agency is well known for providing truck owners with a reliable consultation on their trucking insurance needs. The Owens Agency, LLC can also help you get into the right policy for your situation. Contact our offices in Waldron, AR to get a quote.

If you have just purchased your first big rig or semi truck, you may be looking to purchase truck insurance. One of the questions that we at The Owens Agency, LLC, serving the greater Waldron, AR area, are asked is whether trucking insurance covers only the owner of the truck or whether it covers any person the owner allows to drive and operate the truck. This is important if you plan on letting others drive your truck. Here is what you need to know about this question. 

Who is Covered By a Truck Insurance Policy?

When you are looking to purchase a truck insurance policy, it is essential to understand that not every policy is the same. As such, who is covered or not covered can vary. Some coverage options will only include those named on the insurance policy. This means that you have to list everyone you think may drive the truck, such as your family members or employees. Other insurance policies will cover anyone who drives your truck, as long as the policy does not specifically preclude them. A policy may preclude a driver who has had a DUI in the past or has been involved in a truck accident recently. 

When you are looking to purchase a truck policy, you need to carefully read the policy to find out whether all drivers are included or whether you have to list specific drivers. This will help you determine who is and who is not covered under the particular policy you are looking at. 

If you have purchased a big rig or a semi truck, you are required to purchase truck insurance in the Waldron, AR area. The Owens Agency, LLC can help you find the policy that best fits your needs. Contact us today to get started. 

If a company uses a truck for business purposes, even only part-time, it is likely that there is a need for commercial vehicle insurance. This need may arise in some not so obvious ways, such as when a business owner lends his or her personal truck to an employee to run an errand for the company. That is a commercial use of the vehicle, which may not be covered under a personal automobile insurance policy.

Additionally, when a company has more than one truck in operation, especially when there are multiple drivers of the commercial vehicles, the company may benefit from insurance of those vehicles as a fleet. A fleet is usually four or more vehicles used for commercial purposes. Even an individual that drives four or more personal vehicles may benefit by switching to fleet insurance.

Common Uses for Fleet Insurance

Common uses for fleet insurance include trucking companies, rental car companies, taxis, delivery services, buses, company automobiles used by outside salespersons, and many others. If your company has more than one truck or a combination of trucks and automobiles that it uses for commercial purposes, check with your agent at The Owens Agency, LLC serving Waldron, AR, and the surrounding areas to determine if fleet insurance is the appropriate choice for coverage.

Advantages of Fleet Insurance for Trucking Companies

Having fleet insurance eliminates the stress and extra work of maintaining separate insurance policies for each vehicle. There may be economic advantages, and the claims process is usually very efficient. If a fleet of trucks is used to transport goods, some policies also provide additional coverage for the value of the products being transported.

Contact your agent at The Owens Agency, LLC serving Mena, Waldron, AR, and the surrounding areas to learn more about the fleet insurance solutions that would be beneficial for your business.

While trucking insurance may seem like a considerable investment, it is one of the more essential protections you can provide for your Waldron, AR business. Just like other forms of business insurance, trucking insurance coverage can help pay for damage or losses that otherwise might result in your business shutting its doors. When selecting the ideal policy, you need to consider the risks. Regardless of the type or size of the truck you operate, keep in mind the following factors to ensure your policy from The Owens Agency, LLC is the right one for your company.

Trucking Accident Risks

According to the Department of Transportation, 130,000 people in the U.S. are involved in a truck-related accident each year; 22 percent of which result in injury to truck drivers, passengers or other drivers, and 75 percent of those incidents result in property damage. Whether you are an individual operating a single commercial vehicle or a trucking company, trucking insurance is invaluable – the average cost of a commercial trucking accident is $59,000. With the right trucking insurance policy, you won’t be responsible for hefty out-of-pocket payments.

How To Minimize Trucking Risks

Talk to your insurance agent to have your policy reviewed periodically to ensure you have adequate trucking liability coverage for your Waldron, AR business. Assess your risks and make sure you have coverage that protects you beyond the basics. Only hire experienced and skilled drivers with a history of safe driving. Create a safe schedule, encourage drivers to pull over and rest if they feel drowsy on the road, and make sure your vehicles are operating at peak levels.  Each of these measures can help to keep your risks and liabilities as low as possible.

For more information about trucking insurance and choosing a trucking insurance policy that is best suited for your unique business risks, call the insurance experts at The Owens Agency, LLC today and learn how you can get started.

Truckers notoriously have to handle a lot during their time on the clock. From long hours to hypnotic roads, there’s a reason why trucker safety is so important and so disastrous if something goes wrong. For a safer ride every time, follow these three tips for trucker safety from The Owens Agency, LLC. 

Better Driving 

Most truckers know to slow down before they hit a big curve or to hit their brakes when they enter a construction zone — but that doesn’t always mean they do it. It’s not easy for truckers from Mena and Waldron, AR to reduce their speed when they’re under a deadline, but it has to be done. If you find yourself in bad weather conditions or are exhausted from a long drive, make time during your trip to pull over and wait for things to blow over. This can be the difference between a successful haul and death.

Smarter Loading 

The truck reacts to every bump and curve based on how well it was loaded. The more precautions taken during the process, the more likely it is that the weight will be evenly distributed along the road. There are also plenty of products that can be purchased for semi-trucks, such as air springs, to ensure that the truck doesn’t have as much wear and tear on it by the end of the journey. 

Additional Trucking Insurance 

All truckers are required to have some type of insurance for both the driver and the vehicle, but all policies are different. Companies in Mena and Waldron, AR who wish to save themselves a lot of hassle in the future can contact The Owens Agency, LLC to find out more about how truckers can get the best possible protection. From bodily injuries to vehicle damage, there’s a lot to learn about how trucking insurance works. Give us a call to find out more and to get a quote.

If you own a transport business and require trucking insurance, navigating the process of obtaining this type of insurance can be slightly tricky. But if you have the correct information, and work with a knowledgeable insurance agent, it will make the whole process go much smoother. Here are some tips to get you started:

To get a quote, you’ll need a lot of basic information.

Before you can get a quote on your trucking insurance, remember that you will need to compile quite a bit of information. This will include an insurance policy “dec” page (declarations page), the driver’s license numbers and driving histories of all of your truckers and drivers, speeding ticket information, VIN numbers of your trucks, and more.

Remember there are different types of trucking insurance options within this sector.

Also keep in mind that there are different types of trucking insurance, including motor truck cargo, liability insurance, bobtail insurance, and physical damage coverage. Your agent will help you decide which of these insurance plans you’ll need.     

Finding a highly qualified trucking insurance agent.

Finally, remember that you will definitely want to find a highly qualified trucking insurance agent who can help you find the perfect trucking insurance policy for you, your company, and your truckers.

The Owens Agency, LLC

If you live or have a business in Mena or Waldron, AR and are searching for a great trucking insurance policy, The Owens Agency, LLC can help. We offer trucking insurance policies and other types of policies to all residents of Mena and Waldron, AR as well as the surrounding areas. Allow one of our insurance agents to discuss your policy options with you and help you choose a plan. Stop by our nearest location or give us a call! We look forward to it!