How Much Does Hot Shot Truck Insurance Cost?

California Hot Shot Truck Insurance Agency

California Hot Shot Truck Insurance AgencyIf you own a trucking business running expedited freight, you need an insurance policy just for your business. Typically known as “hot shot trucking,” your business can carry loads of cars or freight for one or more customers. Your vehicle of choice can be anything from a three-quarter ton truck to a one and a half ton truck with a gooseneck trailer.

Insurance options for Hot Shot Trucking are similar to other commercial auto policies but tends to carry higher limits:

  • Liability Insurance (both for injury as well as property damage)
    • Get into an accident where you are considered at fault? Liability insurance can cover the cost for medical bills, pain and suffering, repairs or replacement of the other driver’s vehicle.
  • Physical Damage Insurance (to protect your vehicle and trailer)
    • Collide with something or experience theft, fire, vandalism or other damage? Physical damage insurance can cover your expenses.
  • Cargo Insurance (to protect your load) 
    • If your load is damaged due to fire, theft, vandalism or collision, cargo insurance can cover the cost. This can be a valuable coverage option for many truck businesses.

How Much Does Hot Shot Truck Insurance Cost?

Like any insurance policy, it depends on several factors including what type of vehicle you are driving, your driving history, where you live, etc. We have seen policies for around $2,000 a year for local haulers in California. The best way to find out the price of an insurance policy is to call our agency. Our agents can shop specific coverage for your business, search for insurance discounts, then provide you with several quotes from our top insurance carriers. Since we specialize in truck insurance, we can explain your coverage options and find you the best rate and coverage for your trucking business. We write insurance policies in California, Nevada, Texas, Arizona, Oklahoma, Idaho, Oregon, Washington, Arkansas, Florida, Colorado and Illinois! We help a lot of truck businesses!

It is important to know that Hot Shot Trucking is not a common insurance coverage that a lot of insurance carriers desire. You’re in a specific niche and that can lessen your ability to find agents or insurance companies willing to write it.

Fortunately, we’ve developed a network or relationships with many insurance companies and can find you the right insurance coverage for your hot shot trucking insurance company. Call or email our agency to start your free hot shot insurance quote.

What To Do If You’re Involved in a Hit and Run Accident

What to do if you get into a car accident in Roseville, CA

What to do if you get into a car accident in Roseville, CABeing in a hit and run accident can be a very frightening event. Being prepared to know how to handle the situation when it occurs will help you deal with the shock of it, as well as ensure you are covered for the loss when it does happen. While hit and run accidents will happen to almost every driver, whether their car is parked and unattended, or while they’re driving, knowing these things will help you deal with the unfortunate situation.

Safely park your vehicle: If you happen to be driving when the accident occurs, safely pull the vehicle over to the side of the road. If possible, carefully write down the license plate and description of the vehicle that struck you. This will aid police in locating the driver. Often time, your vehicle will be struck in a parking lot while unattended. In the event this happens, look for any signs of the other vehicle. Is their paint transfer that would indicate the color of the vehicle? Is there a note on your windshield? Are their security cameras such as at the gas station?

Assess any Injuries: If someone is injured, take care of their immediate needs and quickly call 911. It is typical to be jittery after such an event so catch your breath too.

Call police: Once you’re safely parked, you’ll need to get a police report. Many police stations will not respond if there are no injuries, so you’ll want to still turn in a police report for the incident. Many insurance companies will require this documentation in order to use your UMPD (uninsured motorist property damage) insurance coverage.

Gather any witness information: If anyone is standing there and offers you their statement, jot down their phone number and name. Your insurance company will want to talk with any witness to the accident.

Call insurance company: Sometimes even though vehicles collide, the damages may be limited, so you’ll want to take a close look and determine if you want to pursue a claim. While hit and run accidents may be a scary encounter, they may not require body work to your vehicle. Also keep in mind that if you don’t carry the correct coverages for hit and run (often times referred to as uninsured motorist property damage) your claim will be handled under a collision loss. Deductibles will likely apply in both cases.

While we hope you never have to experience a hit and run accident, being prepared will help you tackle the unfortunate situation. If you have questions about your insurance policy, contact our agents.

National Insurance Awareness Day – June 28th

Best Truck Insurance Agency California

Best Truck Insurance Agency CaliforniaConsider Sunday, June 28th a day to think about your current insurance policy. While this can be a good time to do annually at your renewal, you may have been thinking about your policy again since COVID-19 hit.

Reach out to your agent.

We can do an in depth review of your current insurance policy based off of your current situation. We can look for any gaps in coverage and explain in detail your limits and what it means.

  • Other things to think of – have you done any home remodeling or have items in your house appreciated? If so, make sure to let us know so your policy is up to date.
  • Will you be making any big changes that may affect the amount of insurance coverage you need?
  • Are you considering other insurance policies?
  • Are you car or home shopping?

Are you a business owner?

Has your business made any changes with added or removed staff, services, products, etc.? Have you moved your business to an at-home business? If so, reach out to us regarding an endorsement so you are covered. Out agents can review your business insurance policy. There are many ways to ensure your business is covered whether it’s through a business owner’s insurance policy, workers comp, cyber liability, general liability and many more options.

Safety measures for your business

Let June 28th be a reminder of all the safety measures your staff should be practicing while at work. This is something your team should do at least once a year. Have can you lower your risk for an injury at work?

Insurance gives you a great sense of security. Whether it’s protecting your assets or your loved ones, let us help you ensure you have the best coverage.

Why working with an Independent Insurance agent matter

Independent Insurance Agents represent multiple top-rated insurance companies. This gives you more choice in coverage, pricing, payment options and discounts when shopping for all of your insurance needs. Not only do independent agents represent better choices, coverage and pricing, they are also a part of your local community which means they understand the unique risks, challenges and companies who have the best pricing in your area.

When you’re looking for insurance for your car, truck, business or other product, know that picking an independent insurance agent is the right choice. You’ll get comparative quotes so you can decide which company fits your insurance needs best.