Big Rig Insurance Services LLC
Big Rig Insurance Services
One of the most critical issues facing the commercial trucking industry today is rising Big Rig Truck Insurance rates. These rates are not likely to decrease anytime soon, given the current economic conditions, the threat of terrorism, and increasing damage awards. With competitive pressures in the trucking industry, it is increasingly difficult for carriers to pass on these costs to their customers. Rising insurance rates will further reduce the profitability of the motor carrier industry and could even force some smaller companies out of business.
Big Rig Insurance Services LLC is a company based in Tyler, TX. This company specializes in Insurance Agents, Brokers and Services. With approximately 6 employees across all locations, big rig insurance Services LLC has a revenue of $61,441 per year. The contact information provided above is based on estimated information from D&B Hoovers. Big Rig Insurance Services LLC has been in business for nine years.
The company offers outstanding services and competitive rates to truckers. RJS Insurance Services, an industry leader, has been providing truck insurance for over 20 years. Its specialized insurance packages cover everything from liability and property damage to medical expenses and more. Some insurance companies even allow truckers to pay their insurance over time with an optional one-month deposit. With this type of insurance, you can get peace of mind knowing that your rig is insured for the most common risks.
Big Rig Insurance Services LLC
Commercial truck insurance is extremely important for any driver. In addition to driving a truck, its owner must have coverage for the type of cargo it hauls. Class A semis carrying hazardous goods need $1 million in liability insurance coverage. General cargo-hauling trucks need liability insurance coverage of $300K. Explosives require up to $5 million in liability insurance. The insurance provider should also be able to offer you an affordable rate based on your needs and budget.
Commercial truck insurance companies are required to offer liability insurance in almost all states. Liability insurance covers damage to property and injuries to drivers and passengers. Minimum liability coverages vary from state to state, so you must pay attention to your state’s requirements. The federal government requires that commercial truck owners have liability insurance, which is also required for truckers. The DOT number of the truck is also required. Physical Damage coverage covers the repair or replacement of the truck if it becomes damaged.