How can I get a discount on commercial truck insurance?
If football is a game of inches, being the owner of a small transportation business is a game of cents. Controlling costs is the most important thing an owner/operator can do to ensure he or she is successful. Obviously, the first business bill you’ll want to pay each month is the truck payment, but the second most important is the insurance. After all, you can work and provide for your family if your rig is out of commission. If you’ve been wondering, ‘How can I get a discount on commercial truck insurance,’ Patriot Truck Sales might be able to help. Everyone’s situation will be different, and you should talk to a licensed commercial insurance agent to find the best solutions for you and your business.
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Commercial Driver’s License Discount – Several insurance companies offer for-hire truck drivers and those who have held a CDL for at least two years a discount on liability coverage. You may need to inquire about your state’s liability requirements.
Business Experience Discount – Things should get easier the longer you run a successful business. A business experience discount can start to shave down your commercial insurance costs after you’ve been up and running for at least three years.
Prior Insurance Discount – No business owner should ever let their insurance coverage lapse. Some companies make continuous coverage discounts available if policies have been maintained for 12 consecutive months.
Package Discounts – As a small business owner, you should understand the importance of repeat customers. Insurance companies certainly get this idea and will often give policyholders a break if they cover more assets with them. This could extend to personal insurance policies as well. For an even bigger boost, pay your entire yearly premium all at once.
Paperless Billing – Electronic Funds Transfer discounts are not only an easy way to save a little money by eliminating the need to have paper mailed to your business, but it’s also a good thing to do for the environment.
If there is anything else we can assist you with, please don’t hesitate to reach out to a Patriot Truck Sales representative today.