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Thursday, April 9, 2009

Trucking Insurance Coverage at the Best Rates

Posted by patrick

By Steve Turner

With the competitive market right now it is possible to get great rates for your trucking insurance policy. Drivers of commercial trucks should get a quote from an insurance provider that specializes in trucking insurance to see if they are more cost effective.

The calculation of the insurance premium for trucking insurance does not generally take into account the age of the truck. This is because generally older trucks receive better maintenance care than newer ones do.

It is the driver's responsibility to ensure that the breaks, tires, and other safety features are in good condition. The Department of Transportation (DOT) offers an inspection for safety and is a requirement for trucking insurance coverage.

In the trucking insurance business safety is one of the top priorities. By having additional safety features installed in your truck you may qualify for discounts on your insurance policy.

If you have been with the same insurance provider for a long time they may give you a discount on your premium. They will also most likely reduce your rates for having a clean driving record.

Policies usually range in price from $750,000 and $1,000,000. In addition to the basic policy package, look into adding additional coverage for things such as cargo.

Contact an insurance broker about purchasing a trucking insurance policy when you are ready. Brokers work with dozens of insurance providers and are able to find you the best price on your coverage.

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