When you are running a commercial trucking business, you have to carry trucking insurance. Commercial trucking insurance can be really expensive, which is why you need to know how to save on it. There are steps you can take that will allow you to reduce this expense.
#1: Hire Drivers with Experience
One of the best things that you can do for yourself is to hire drivers who have experience. Drivers who have years of experience on the road are more likely to know how to handle less than ideal driving conditions, such as inclement weather and crazy traffic jams. You should hire drivers who have at least a few years of driving with a CDL license. This should help you keep your premium lower.
#2: Pay Attention to Age
When it comes to hiring drivers, you should pay attention to the age of who you hire. Just like with regular car insurance, rates tend to be higher for younger drivers and older drivers. Hiring drivers who are not really young or really old can help you keep your insurance costs under control.
#3: Always Check Driving Records
When hiring someone for your team, you should check their driving record. Driving records matter, so be sure that whoever you hire has a clean driving record. The fewer accidents they have been involved in, and the fewer tickets they have been issued, the better rates you will be able to secure on your insurance.
#4: Verify Driver Information
Fourth, it is essential to verify driver information. You should verify their work experience so that you can find out if they will be able to handle the type of routes that your company takes on. You also want to verify that they have the years on the road that you think they do.
Don't take their word on their driving record either; be sure to verify their driving record as well by looking up the information and getting a copy of their driving record. Remember that CDL drivers often drive through multiple states, so be sure you are pulling their driving record from all states they have worked in, not just the state you are based in.
If you want to save money on your commercial trucking insurance, you need to pay close attention to who you hire. You will want to hire individuals who have multiple years of experience and have good driving records. Be sure to verify that information and work to help ensure that your drivers maintain their good driving records.
Contact a company like Russell Agency to learn more about how to save on trucking insurance.