In the trucking industry, staying ahead means more than just keeping your wheels turning—it’s about having the financial flexibility to handle unexpected repairs, fuel costs, and fleet expansion. Whether you’re
What Is Gap Insurance for Truckers? Commercial Truck Gap Insurance, or Gap Insurance, is sometimes referred to as Financed Value Coverage or Lease Value Coverage. Whatever name you call it,
The amount of stress you face when you owe a significant amount of money to the IRS can feel insurmountable. Penalties and interest keep adding on to the debt, and
Accident liability plays a crucial role in determining the outcome of downtime claims, especially for individuals seeking compensation for lost income and wages after an accident. Essentially, accident liability refers
Did you know there is a new reporting requirement, known as Beneficial Ownership Information (BOI) or you may have heard it called The Corporate Transparency Act, set to come into
In the high-stakes world of trucking, accidents can halt operations and jeopardize income streams for owner-operators. But what if there was a legal solution to ensure they receive the compensation
Entity selection makes all the difference! The type of entity you choose to set up your trucking business as will have a huge impact on what you pay in taxes
You’re in an accident with another semi. The other driver admits fault, so you file a claim with their insurance company. The claims process should be easy, right? Sometimes yes,
Are you thinking of becoming an owner-operator? If so, you’re in luck. We’ve been in the trucking business since 2012 and want to share our methods for success. This article
Owner operators and small trucking companies are vulnerable to major setbacks when their equipment is damaged in accidents. While insurance companies are expected to provide rental cars to claimants, they
The trucking industry is full of battles and challenges. One such challenge is the potential for accidents, which can cause damage to both the truck and the driver. While accidents
Accidents Cause Business Interruptions In the trucking industry, it is quite common for people to hear about suing truck drivers for injuries or damages, but did you know there are
You paid your insurance premiums on time. One day, out of the blue, you get a notice that your operating authority is being revoked. Why? Somehow, FMCSA doesn’t have record
On June 30, 2022, the United States Supreme Court declined to hear the Ninth Circuit’s decision in California Trucking Association v. Bonta, 996 F.3d 644 (9th Cir. 2021). At issue
On a summer day in Dallas, Texas, you’re driving your big rig along Interstate 20. An 18-year-old girl, on the phone, hits you. Everyone’s okay and the girl’s given a
If you are in the trucking industry, you have probably heard of “freight factoring”. Freight factoring is such a useful tool for small and medium sized businesses. The benefits of
Pain at the pump means more than the high price of fuel for owner operator, Marty. After fueling up his semi at a truck stop in Southern Illinois last year,
The Coronavirus pandemic has rocked our economy, but as always, truckers have come through for the American people. According to Transport Topics: Truck drivers have been among the front-line responders
In the United States, there are approximately 350,000 independent OTR owner-operators. This accounts for 9 percent of the 3.5 million truck drivers overall. In addition, annually, there are about 500,000
I am often asked what are the pros and the cons of expedited trucking versus standard trucking. The lists are long. While most people know about the “standard” trucking world,
After an accident, you may feel like a fish out of water not knowing what to do. Perhaps you’re a million-mile safe driver and this is the first time you’ve
“ What can I claim from the insurance company for my accident? I’m out more than just my missed loads. My whole business is stopped, and we’re upside down financially
You’re in the bunk, sound asleep when all of a sudden you get knocked to the floor. A new driver backed right into your truck. You can’t believe your truck
Insurance Claims after a Trucking Accident Your talents are in trucking, not insurance. When your truck’s been hit, you’re suddenly thrown into the insurance world and expected to know how
Maybe you were hit by a kid or that driver was just having a rough day. Maybe you were in a hurry to get to your next load. You’re a
The Coronavirus has hit the trucking industry like a locomotive and it put a major spotlight on just how important truckers are to America. While a linchpin to our supply
With states locking-down and activities being restricted during the Coronavirus pandemic, more and more people across the country are being forced to work from home. Those in the toilet paper
By the very definition of the word, accidents are events that are unexpected. As truck drivers, we have all seen our share of vehicle accidents. Although we hope to never
The adverse party may contend that you did not take the proper action to mitigate your losses and therefore deny your claim for downtime. You must then prove with supported
Attorney, Kelsea Eckert, and Marketing Assistant, Rita Richa, discussed how owner-operators can recover their downtime (lost income) after a not-at-fault accident during appearance on the November 18th episode of the
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