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Insights from an Affordable Truck Insurance Lawyer on Downtime Claims
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For an owner-operator or motor carrier, a truck that is not moving is not generating revenue. Following a crash, income may stop while expenses such as truck payments, insurance, payroll, and operating costs continue. When a commercial vehicle is taken out of service after a not-at-fault accident, the resulting loss may form the basis of […]
A driver called our office after a serious accident involving his truck and trailer. His vehicle was down, work had stopped, and the bills were stacking up. He wanted help recovering his downtime losses and getting the claim moving. We asked him a simple question: “Can you walk us through your timeline from the moment […]
If there is one thing the trucking industry teaches quickly, it is that small financial problems rarely stay small for long. A missed maintenance trend, inconsistent fuel tracking, unpaid invoices sitting too long, or poor expense categorization can quietly turn into major operational issues before anyone realizes there is a problem. Trucking Is Different from […]
In part one, I wrote about selling your trucking business without losing your legacy. This is the companion piece: how to sell without losing your name. You can hand off the keys, but not the responsibility. When I assumed responsibility of my tank company, one of the first things I did had nothing to do […]
When a truck goes down, the standard advice is always the same: “Just rent another truck and keep rolling.” That advice usually comes from people who’ve never signed the checks. Owner-operators live in the real world. Mitigation isn’t about doing something reckless fast. It’s about doing something smart, practical, and focused on keeping your business […]
A lawyer’s trust account is a bank account that is dedicated to holding both clients’ and third parties’ monies. A trust or escrow account is also commonly called an IOLTA account, which stands for Interest on Lawyers’ Trust Accounts. Funds deposited in these types of protected accounts are held separately from lawyers’ personal and […]
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