Question 1

How quickly should I report a claim?

Accepted Answer

Immediately. Our 24/7 hotline ensures you can report anytime for all business types. Quick reporting preserves evidence and activates our industry-specialized response team.

Question 2

What information do I need to report a claim?

Accepted Answer

Policy number, incident details, location, photos, and contact information. Additional details vary by industry: trucking requires DOT numbers and cargo details, construction needs project information, manufacturing requires equipment details.

Question 3

Will my rates increase after filing a claim?

Accepted Answer

Not all claims affect rates. Comprehensive claims (weather, theft) typically don't impact pricing regardless of your industry. We focus on loss prevention programs to minimize rate impacts.

Question 4

What is the minimum liability coverage required for commercial trucks?

Accepted Answer

FMCSA requires $750,000 minimum liability for interstate operations with general freight. Hazmat carriers need $5 million. Many shippers require $1 million minimum.

Question 5

Does commercial auto liability cover my own vehicle damage?

Accepted Answer

No, liability insurance only covers damage to others. You need physical damage coverage (comprehensive and collision) to protect your own vehicles.

Question 6

How quickly can I get a certificate of insurance?

Accepted Answer

We provide instant certificates of insurance once your policy is bound. This is essential for DOT compliance and meeting shipper requirements.

Question 7

Do I need my own insurance if I'm leased to a carrier?

Accepted Answer

Yes, motor carrier policies typically only cover liability when under dispatch. You need your own physical damage, non-trucking use, and other coverages to fill the gaps when you're not hauling their freight.

Question 8

What's the minimum liability coverage required for owner operators?

Accepted Answer

FMCSA requires $750,000 minimum for general freight interstate operations. Many brokers and shippers require $1 million. Hazmat and other specialized cargo types require higher limits up to $5 million.

Question 9

How quickly can I get owner operator coverage?

Accepted Answer

With proper documentation, we can often provide same-day coverage and instant certificates. DOT filings are submitted immediately upon binding your policy.

Question 10

Is cargo insurance required for truckers?

Accepted Answer

While not federally required, most shippers and brokers require truckers to carry cargo insurance to protect their freight. It's essential for securing contracts and protecting your business.

Question 11

How much cargo insurance coverage do I need?

Accepted Answer

Coverage limits typically range from $5,000 to $250,000 depending on the value of freight you haul. Many shippers require minimum limits of $100,000 to $250,000.

Question 12

What is considered a commercial fleet?

Accepted Answer

A commercial fleet typically consists of 10 or more vehicles used for business purposes. This includes delivery vehicles, service trucks, company cars, and any vehicles used to generate income for your business.

Question 13

How much can I save with fleet insurance?

Accepted Answer

Fleet insurance savings typically range from 15-25% compared to individual policies. The more vehicles you have, the greater your potential savings due to volume discounts and simplified administration.

Question 14

What construction insurance do I need?

Accepted Answer

Most construction businesses need General Liability, Workers' Compensation, and Commercial Auto as core coverage. Additional requirements vary by state, project type, and contracts.

Question 15

How much does construction insurance cost?

Accepted Answer

Costs vary by trade, experience, and location. General liability typically ranges $400-$1,500 annually per $100K revenue. Workers' comp is 2-15% of payroll depending on classification.

Question 16

Do subcontractors need their own insurance?

Accepted Answer

Yes, subcontractors typically need General Liability, Workers' Compensation, and Commercial Auto. You'll need certificates of insurance and may add the GC as additional insured.

Question 17

What types of manufacturing insurance do I need?

Accepted Answer

Most manufacturing businesses need Product Liability, General Liability, Workers' Compensation, and Commercial Property insurance as core coverage. Additional coverage may include Equipment Breakdown, Cyber Liability, and Environmental Liability.

Question 18

Is product liability insurance required for manufacturers?

Accepted Answer

While not legally required in most states, product liability insurance is essential for manufacturers as it protects against costly lawsuits from product defects, design flaws, or injuries caused by your products.

Question 19

Is workers' compensation insurance required for my business?

Accepted Answer

Workers' compensation requirements vary by state, but most states require coverage if you have employees. Some states have different thresholds, and certain industries have specific requirements.

Question 20

How much does workers' compensation insurance cost?

Accepted Answer

Workers' comp costs are calculated based on your industry classification code, payroll, and claims history. Rates typically range from $0.50 to $5.00 per $100 of payroll, depending on risk level.

Question 21

What does workers' compensation insurance cover?

Accepted Answer

Workers' comp covers medical expenses, lost wages (typically 60-70% of salary), disability benefits, and rehabilitation costs for work-related injuries or illnesses. It also provides death benefits for families of workers killed on the job.

Question 22

How can I reduce my workers' compensation premiums?

Accepted Answer

Implement comprehensive safety programs, provide regular employee training, maintain good claims management, conduct return-to-work programs, and work with experienced brokers to ensure proper classification codes.

Trucking Incident Report

Incident Details

INSURANCE CARD (OPTIONAL)

YOUR POLICY INFORMATION