Reporting Claims – How to properly get the most out of your insurance policy

BAM! It’s a noise no trucker wants to hear while driving their commercial vehicle, but unfortunately accidents do happen. Practicing safe driving habits can help avoid many accidents; however, it is equally important to understand how to properly report a claim. Quick and thorough claim reports will help you get the most out of your insurance policy, as well as help you get back on the road.

Claim reporting- Do’s and Don’ts

Do…

*Collect as much information as possible. This will help your insurance company determine fault, and ensure that fastest claim resolution. Obtain information from other drivers and passengers, and make note of any potential witnesses and their contact information.

*Take photos. Pictures taken of damage, vehicle and property alike will help your insurance adjusters have a better understanding of your case. Take photos of the accident scene, any road markers, and other identifying information such as license plates and insurance cards.  If you do not have a smart phone, keep a disposable camera in your glove box.

*Contact the police. While police may not come out to every accident scene, it is important to notify the authorities just in case- even if the accident seems minor.

Don’t…

*Delay reporting your claim to your insurance company. Report your claim as soon as possible. Many insurance companies want to be notified within 24 hours of the accident.

*Admit fault. Never admit fault for an accident, even if you believe it so. Without a complete understanding of events, you don’t know whose fault the accident is. It’s possible the other driver was drinking or using a cellular device. Do not admit fault to the police or other drivers.

As always, make sure to have a complete understanding of your insurance policy. Every truck policy is different, and understanding the limits of your insurance policy will help you get the most out of it- especially in a claims situation. If you are unsure about your limits, or need assistance understanding your policy you are welcome to give us a call at Network Truck Insurance Services and we’ll be happy to help. Our goal is to keep your business covered!

What’s the difference between an insurance broker vs. insurance company?

An insurance broker that specializes in commercial transportation has many benefits for you that a normal auto insurance broker may not even be aware of.  Many insurance companies  have programs designed to work with a specific type of insured and often offer additional discounts. For example, Network Truck Insurance Services, Inc.  is part of the Progressive Sand & Gravel Program which offers exclusive rates and extra benefits specifically geared to sand & gravel haulers. Our agents are trained to know these specialized markets and how to utilize them to the full benefit of the our clients. Additionally; our customer service team can quickly issue certificates, endorsements and answer questions throughout the day. When you call our office during regular business hours you will always reach a human being not an automated system!

How to ensure the best trucking insurance rate

Getting the best rate for your commercial transportation insurance can be a time consuming and daunting task. While the quality and personalization of your policy is important, achieving the best possible rate is equally essential. The insurance industry is becoming more and more competitive, which gives the consumer a bit of leverage when choosing a policy. At Network Truck Insurance Services, Inc, our skilled agents work diligently to find the best possible quotes. While partnering with an agency helps you get the best rate achievable, these easy-to-follow tips will also help you get the lowest rate on your commercial insurance premium.

Ensure Truck Safety

While searching for commercial transportation insurance, be sure to keep safety in mind at all times. Be sure to keep the truck, its mechanics and tires in good condition. A well maintained truck can translate into lower truck insurance premiums. Also, be sure to know what the Department of Transportation inspection entails to be sure that your vehicle will pass.

Maintain a Clean Driving Record

It is best to keep a clean driving record before embarking on a new commercial insurance policy. You and your drivers’ record will affect your insurance premiums. Insurance companies will consider how many years you have been driving, commercial driving training and general ability to drive safely.

Check Credentials

Get your commercial transportation insurance from a leading insurance provider. Network Truck Insurance Services, Inc works closely with leading insurance companies such as Progressive, Lloyd’s, Great American Insurance Group, and CCIC among many others.

Do Not Compromise on Coverage

Going with a lower insurance premium is not always the most viable option if your coverage is compromised in any way. Always consider the terms, conditions and extent of coverage. A skilled agent will be able to ensure proper coverage for your business.