Need insurance for your straight truck business? Don’t just get one quote, get three! We will get you in touch with three independent insurance agencies who’ll compete for your business. Get started now.
When you’re talking to your agents, there are several strategies to lower your price. We’ve included eight steps to get the best price.
1. Compare Straight Truck Insurance Coverages
The first step is also the most important. To get the best price on straight truck insurance, you must shop around. To do this, simply go to our quote page and fill out the form. We’ll get you in touch with three agents at once. They will each offer you a quote which you can choose to accept or reject. The logic here is simple. The wider you cast your net, the more likely you are to come away with a big deal.
2. Get Only the Coverages Your Straight Truck Needs
A straight truck insurance policy includes several different types of coverage. Some crucial. Some unnecessary. So which coverages are crucial? Well, the legally required coverages are liability insurance, and cargo insurance if you’re a household goods mover. From there, physical damage insurance, which pays for repairs to your straight truck if it’s in a wreck, is usually a good idea. And if your drivers use your vehicles while they’re off-duty, they will need Non-trucking liability insurance, which will act as their liability insurance during off-hours. Everything else is up to you.
3. Get the Right Deductible
The deductible is the amount you pay following an accident. It can range anywhere from zero dollars to several thousand dollars. The lower your deductible, the more costly your premium. You have to weigh the risks. Am I more likely to get into an accident and have to pay a hefty deductible or am I more likely to never get into an accident and get stuck with a needlessly high premium?
4. Don’t Overspend on Your Limit
The limit is the maximum amount an insurance company will pay after any given accident. The higher the limit, the more you pay. Usually, you can get away with choosing a lower limit, but once again there are risks involved.
5. Choose a Yearly Payment Plan
Anyone who pays month-to-month will pay more than someone who pays year-to-year. If you can afford to pay your entire premium at the beginning of the year, do it. You’ll save a few dollars.
6. Stay Safe
Safe drivers and safe companies pay less for insurance. The better your company is at avoiding accidents, the less you’ll pay for insurance in the long run.
7. Renew Your Coverage Annually
The longer you stick with one company, the more your insurance coverage will cost. Routinely shopping around for a new insurance company every few years will save you money. To get in touch with three insurance agents who can offer you new or competing coverage, fill out the form on our Request 3 Quotes page
