I was just asking for clarification on the thread title. The way it is worded is a little confusing. But I catch his drift. I will say that even if you're a one man dog & pony show and you have any kind of assets, 750K GL is probably not enough insurance protection.
“If a carrier can’t afford premiums on a $2 million insurance policy ... should be ... trucking"
Discussion in 'Other News' started by Doealex, May 16, 2021.
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Surely it's not driven by the "Truck Wreck" lawyers seeking higher payout's for their client's(read, the lawyers bank account)???
Canadianhauler21 and Doealex Thank this. -
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97% of fatal truck crashes fall bellow minimums. Its a gamble. But I carry a million liability, 2 million general, 150k cargo, 1 million personal embrella.
Cash grab by greedy pricks.Canadianhauler21, PoleCrusher, drvrtech77 and 3 others Thank this. -
Hard for a lawyer to enjoy a nuclear verdict if the company folds before the gavel drops.Canadianhauler21 and jason6541 Thank this. -
Last edited: May 18, 2021
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Granted, I work for a Berkshire Hathaway insurance company as a Underwriting/Office Manager. Don't sell.
My comments are to inform you guys based on my 52 years of doing this gig.
From what I've heard/seen on the forum, the vast majority don't have a clue about how insurance companies work, or how they think....so just try to give you a inside view.
I retire at the end of next month, so REALLY have nothing to gain from my comments. -
Last edited: May 18, 2021
Canadianhauler21, drvrtech77 and nredfor88 Thank this.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
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