CEO and founder of HNI, Mike Natalizio, has developed and improved risk management solutions for transportation companies and organizations since 1985. Natalizio is the founder of The Risk Clarity Formula™, a tool used by HNI to help their customers identify risk susceptibility, create and help implement the solutions to these risks in order for executives to grow their business, expand their wealth, and reach their goals for the future.
Getting the best rate for your truck insurance can seem time-consuming and daunting. While the quality of your truck insurance policy is essential, getting the best rate available is also important. The insurance industry is becoming more competitive so this gives you a bit of leverage when choosing truck insurance. While shopping around for the best quotes can help you get the best rate going, these easy-to-follow tips will also help you get a better deal on your truck insurance premium.
1. Ensure Truck Safety
When searching for truck insurance keep safety in mind at all times. Ensure that the truck, its mechanics and tires are kept in good condiditon. A well maintained truck can translate into lower truck insurance premiums. Also find out what the Department of Transportation inspection entails so you can ensure that your truck will pass.
2. Have a Clean Driving Record
It is best to keep a clean driving record before embarking on finding the right truck insurance as your driving record will affect your truck insurance premiums. Insurance companies will consider how many years you have driven trucks and also what training you have chosen to undergo.
3. Check Credentials
Get your truck insurance from a leading insurance provider. Always check the credentials of whatever insurance company you choose to go with.
4. Do Not Compromise on Cover
Going with a lower truck insurance premium is not always the best option if your coverage is compromised in any way. Always consider the terms, conditions and the extent of your coverage before committing.
5. Consider Certain Factors
Truck insurance rates can fluctuate based on a number of factors such as safety and theft rates. So before settling on an expensive truck insurance policy, learn the factors that affect truck insurance rates and compare insurance quotes.