Loss of Income

>Tag: Loss of Income

5 Ways to Expedite Your Downtime Claim after an Accident

By |2019-07-17T16:17:09-04:00July 17th, 2019|Downtime|

It happens.  You can’t avoid every traffic accident.  Even the most professional truck driver is bound to get hit at some point because of the extensive time spent on the road.  Statistics show most accidents involving commercial trucks and private vehicles are caused by private vehicles.  Even though you take great care, not everyone does [...]

7 Deadly Sins: Failing to Mitigate After a Traffic Accident

By |2019-06-18T15:43:37-04:00June 18th, 2019|Downtime, Firm News|

As seen in Movin' Out Magazine May 2019 Issue According to the UMTRI, more than 71% of truck driving accidents are caused by passenger vehicle drivers. Only 16% of all truck driving accidents are the truck driver’s fault. If you’re in a traffic accident, the guy that hit you should have to pay to fix [...]

Auto Haulers: Protect Your Business

By |2019-06-25T12:42:02-04:00June 17th, 2019|Downtime, Insurance|

Most business require a variety of insurance coverage.  Truckers face the added expense of downtime coverage, bob-tail coverage, and more.  Auto haulers often need even more cargo insurance due to the potential liability to the individual cars being transported.  Meet with your insurance broker on a regular basis to make sure you have adequate insurance.  [...]

Losing Money from Mechanical Problems?

By |2019-02-26T14:27:24-04:00March 1st, 2019|Downtime|

In the trucking world, mechanical problems happen regularly. Time down for repairs causes a great deal of lost income across the industry. Small trucking companies and owner operators often take the biggest hits.  However, when mechanical problems are actually the fault of mechanics, there may be ways to recover your lost income from them. Accidental [...]

Have You Heard of the MCS-90 Endorsement?

By |2018-06-06T07:03:31-04:00July 10th, 2017|Downtime|

Sometimes a client is hit by a truck with no insurance coverage.  While it is often difficult to get paid in this situation, there may be a viable "deep pocket" option through the MCS-90 Endorsement. Have you heard of the MCS-90 Endorsement? What is the MCS-90 Endorsement? The MCS-90 is an endorsement on an insurance [...]

What If the Other Side Doesn’t Believe They’re at Fault and Won’t Fix Your Truck?

By |2018-06-06T07:03:31-04:00June 21st, 2017|Downtime|

Every Case has two steps: 1 - Proving liability (the other side is a fault), and 2 - Proving damages (your losses). If the other side doesn't believe they are responsible, they aren't going to pay for your repairs. In order to get rolling again, you might consider paying for your own repairs or filing [...]

Downtime Claims for the Owner Operator- Don’t Leave Money on the Table After an Accident

By |2018-06-06T07:03:32-04:00June 20th, 2017|Downtime|

You're properly parked at a rest stop and WHAM! Some new driver takes out the front of your cab while trying to park his rig.  With a sick feeling in your stomach, you know you're going to be down for quite a while and it's gong to cost you a lot of money. Everything starts [...]