3 Must-Have Insurance Coverages For Trucking Companies


Unfortunately for many new business owners, obtaining that insurance can be a challenging process due to the number of coverages required and the unfamiliar terminology. If you’re new to owning a trucking business and searching for insurance, here are three coverages that you must include in your policy.

Truck Liability Insurance

Truck liability insurance is the most important and the most expensive part of your policy. It protects you in the event that you cause an accident while driving your truck. Your policy would cover the costs associated with making the third party and their property whole.

Physical Damage Insurance

Physical damage insurance is protection for your truck and trailer. Its a flexible coverage in that you can choose coverage for certain perils or you can go with comprehensive coverage. As seen on www.truckinsure.com/, its recommended that you choose the comprehensive option to limit any confusion later on about what exactly is covered.

Cargo Insurance

Transporting cargo is the most important part of your business and you want to make sure you have the proper coverage. In the event that the freight that your transporting becomes damaged or lost, your policy would cover the cost to repair or replace those items. Its key that you provide an accurate estimate of what you’re going to be carrying, as a lack of coverage can prove to be detrimental to your company in case of an accident.

Plenty of other options are available to protect you on whether or not you’re driving. Work with an experienced agent to build a policy that’s appropriate for your needs.

What Challenges Do Consultants Face?


Consultants play a huge role in today’s marketplace, as they are often seen as the saviors of companies that struggle with standing out. However, there are many challenges facing consultants in their consulting assignments that you should be aware of.

Common Challenges Consultants Manage

As the economy changes, consultants can have more or less work. However, no matter what industry or specialty a consultant is associated with, there are certain trials all consultants face. In fact, Huntersure reported on their blog that some of the top challenges consultants deal with include the following:

  • Finding new clients
  • Retaining current clients
  • Coming up with new and innovative strategies
  • Keeping track of time and expenses
  • Surviving in a tough economy

Some industries may also have industry-specific challenges, such as keeping up with ever-evolving marketing trends for marketing consultants or changes in healthcare laws for healthcare consultants. That means there is continuous research consultants must do in order to stay on top of the changes and remain updated about the industry to perform their jobs well.

Face the Challenges Head-On

No matter what industry you’re in, there are certain challenges facing consultants in their consulting assignments that can affect their work. Being aware of these challenges means you can be prepared for any difficulties and do your best to solve the problems.

Fighting Vendor Fraud


Running a business often requires you to put your trust in others. From your business partners to your employees, your customers to the other businesses you work with, you rely on people to provide what they promise and not to take advantage of your company. Unfortunately, not everybody can be trusted.

What Is Vendor Fraud?

Vendor fraud occurs when a scammer manipulates your company’s payment systems for his or her own personal gain. There are several methods of doing this, but most fall into three categories: billing schemes, bribery or extortion schemes, or check tampering schemes.

Billing schemes occur when an employee generates false payments. He or she may set up a false vendor account and take the money the company pays to it. Another method is duplicating invoice payments and diverting one to an alternate bank account. Check tampering involves the physical manipulation of business checks, and bribery allows an employee to receive personal payments from vendors.

Fighting Vendor Fraud

Fighting vendor fraud means verifying the ones you’re paying are legitimate companies. FGIB offers a variety of methods to help you through the vendor verification process. Some of the most common include verifying the company’s bank crime insurance or professional liability policy and requesting to talk to the company’s bank to ensure they are a solvent organization.

In addition to verifying your vendors and doing employee background checks, it is important to have your own insurance policies as added protection. Your insurance agent can help you determine the best approach to protecting your business from vendor fraud.

4 Tips to Keeping a Restoration Auto Looking Great

classic car maintenance:4 Tips to Keeping a Restoration Auto Looking Great.

Classic cars are a link to the nations past, but they are also something special to look at. Collectors and restorers are often able to capture a different era in the look of the engine, the upholstery, and the paint job. Your classic automobile might already be your pride and joy, so taking these tips to heart shouldnt be difficult. Here are four things to do to keep your car in pristine operating condition.

  1. Change the oil.

    Nothing ruins a car faster than sludge and grime coursing through the engine.

  2. Flush the cooling system.

    At least once a year, you should flush out the engine and replace the coolant with a mixture of distilled water and coolant.

  3. Wash and wax regularly.

    Washing the car helps remove the debris or impurities that can eat away the paint, while waxing puts a protective coat on the paint.

  4. Protect the interior.

    Park your car in the garage or store it under a cover to keep the sun from fading the interior upholstery. You can also use vinyl treatments and leather cremes.

It is expected that these cars will show some wear and tear, but keeping the dream alive comes from a good restoration and a thorough classic car maintenance schedule. The professionals at https://www.byrnesagency.com recommend that carrying good insurance helps supplement your cars protection from damage and loss.

Are You Prepared To Handle Claims of Sexual Harassment?

World Wide Speciality Programs

While no one wants to admit that sexual misconduct in the workplace happens, the truth is that it does. Employers are responsible for providing a safe and friendly environment for their employees, so it is a good idea to understand what constitutes sexual harassment and what an insurance policy can help with.

Insurance Can Help

Sexual harassment can come in many forms and can affect anyone, not just women. Many times, this comes across as inappropriate and unwanted physical contact and abusive language. It is not uncommon for these events to occur at company parties where alcohol may be served. However, it can happen at any time and employers should be prepared. According to World Wide Speciality Programs, sexual liability insurance usually covers the following:

  • Claim investigations
  • Training about what is accepted behavior
  • Negligence during the hiring process
  • Failure for not reporting abusive employees

There are certain things your business should do to minimize the risk of sexual harassment, such as making sure you clearly outline what behavior is acceptable and what will not be tolerated. This shows employees that you are serious about their wellbeing and creates a positive environment.

Don’t Forget Your Insurance Policy

It is entirely possible that your business may never have to face a sexual misconduct claim. However, you should still be prepared for the worst outcome by having the necessary insurance in place to help out just in case.

What Insurance Coverage Do You Need for a Cemetery?

cemetery insurance

A cemetery or a crematorium is a business. If you own one, you know that there are risks involved similar to those faced by other businesses. However, because the services you provide are unique, there are specific problems that can arise. That may mean that you need specialized cemetery insurance, as detailed on www.reganagency.com.

The following is an explanation of the specific difficulties that can arise when running a cemetery and/or crematorium.

  1. Property Damage

A cemetery is outside where the graves and their markers are exposed to the elements. Therefore, weather conditions such as lightning, rain, or hail can cause damage. However, the damage that can occur is not only natural. Unfortunately, some people do not show the proper respect to the final resting places of others and may commit property crimes, such as vandalism or theft.

  1. Employee Injuries

The labor involved in maintaining a cemetery or crematorium can put employees at risk for repetitive stress injuries, burns, strains or sprains, etc.

  1. Third-Party Injuries

A cemetery often has visitors coming to pay their last respects. Despite your efforts to keep your property safe, carelessness on the part of either a visitor or an employee may lead to an accident.

When you run a cemetery or crematorium, you occupy a position of trust for people who are hurting and vulnerable. Having sufficient insurance coverage can aid you in fulfilling your obligation.

How to Choose a Company to Self-Insure Your Business

Arroyo Insurance offers new avenues

Some companies choose to self-insure their business. To cover the alternative risk, companies should work with an insurance agency that understands how self-insurance works. Here are some things to look for when searching for a policy.

Plan Design

The plan looks beyond the commercial marketplace to captive programs and risk retention groups to provide insurance. Arroyo Insurance offers new avenues for self-insurance businesses including pools, catastrophic bonds, large deductibles and event-triggered risk transfer.

Cash Flow

Lower premium costs and fewer claims paid out can mean more cash flow for the business. Self-insurance allows the company to take control of their cash flow rather than allowing an insurance company to handle it. Choose an insurance company to work with that provides the products that help you insure your company while allowing you to benefit from the cost savings of self-insuring.

Cost Savings

One of the main reasons companies choose to self-insure is because of the cost savings due to lower premium costs and fewer claims. The company takes on the task of an insurance company. Work with an insurance company that can help you create an effective risk management plan.
Working with an alternative risk transfer company helps take some of that risk of self-insuring your company and transfers it to a third party.

Potential Claims Filed Against a Fiduciary of Employee Benefits

axisins.com explains about some examples of fiduciary liability claims

Occasionally, mistakes are made in regard to a business employee benefits plan. These mistakes can be costly for both the employees and the business. Taking a look at some common claim examples can help you to better understand what dangers to look for.

Common Reasons a Claim Is Filed

When it comes to employee benefits, fiduciaries need to be careful about how information is handled and how advice is given. Something as small as a simple miscalculation or lack of communication can result in financial damage for the fiduciaries and for employees under a benefit plan. If an employee believes any of these situations have occurred, they can sue the fiduciaries and other individuals involved. The information found on axisins.com explains about some examples of fiduciary liability claims, such as the following:

Missed or improper calculations
Pension rights
Mishandling of funds
Poor advisement for investment opportunities
Administrator errors due to inaction or delays

Protecting Employee Benefits Programs

There are multiple scenarios in which a claim may be filed against fiduciaries regarding employee benefits, as shown by the claim examples above. If employees are aware of these situations and know their rights regarding their benefits, they can take action. On the other hand, it is equally as important for fiduciaries and others involved with employee benefits to handle these plans responsibly and with the utmost of care.

Keep Your Facility Protected


Operating water or wastewater treatment facility comes with a number of unique considerations. When exploring insurance policies to protect your business, you need to think about the unique risks that exist within your industry. Properly insuring water treatment plants can take a bit of time and research. Whether you are a small plant or a global organization, an appropriate policy will play a large part in your continued success.

Important Areas of Coverage

As reported on https://www.watercolormanagement.com/, there are a few key areas to focus on when you are exploring different policies. While you might already be aware of the need for general and professional liability, other options to consider include:

Pollution liability
Property coverage
Workers compensation

Dangerous Work

The nature of your business plays a big part in what policy you should take out. Since your plant utilizes a number of hazardous chemicals in daily operations, you absolutely want to make sure your plan covers you in the event of injury, exposure, or damages done to property and the local environment.
In order for you to keep your business safe against the unknown, it can be a good idea to explore your options with insurance. Take time to research what policy will provide the most comprehensive coverage and keep your plant protected.

Do You Need Liability Coverage for Media Content?

As reported by Axis Insurance Services

In today’s internet age, web content and news coverage happen 24 hours every day. Like the ceaseless information flow, lawsuits for slander, libel, or infringement of copyright can happen anytime.
General liability may not cover all circumstances, leaving you responsible for paying your own defense and possibly other costs. Proper coverage from a reliable company can help you publish without fear of a lawsuit wreaking financial havoc.

Specialized Insurance

Media liability insurance is a focused type of protection called an errors and omissions policy. It protects against claims of slander, privacy invasion, libel, and infringement of copyright. As reported by Axis Insurance Services, this highly specific coverage can protect your right to publish without malicious intent as well as save your bottom line.

Protection for Publishers

Today, the term publisher no longer refers to an elite newspaper magnate. The internet, social networks, and blogging sites make it easy for anyone to publish anything quickly and easily. Unfortunately, convenience and ability bring with them increased potential risks for lawsuits that can affect many types of internet publishers.

Large media outlets such as major newspapers and magazines
Small or startup publications
Freelance writers

Lawsuits can be filed quickly, and it is important to have the right coverage in place.
Insurance for media liability is quite particular. You need media industry experts to help you choose the best coverage for you so you can publish with peace of mind.