As a commercial trucker, your trucking insurance is one of the bigger expenses you face every month. Luckily, there are numerous steps you can take to help keep your monthly trucking insurance premiums under control so they don't eat into your profit.
Keep a Clean Driving Record
One of the best things you can do is keep a clean driving record. It can be difficult to keep a clean record when you are on the road all the time, but by sticking to the rules, you can keep a clean record. Always follow the speed limits—especially when there are different speed limits for truckers—use your turn signals, and be aware of your surroundings. Keeping a driving record clear of tickets and accidents can really help to keep your trucker insurance rates affordable.
Build Up Your Experience
The more years you spend behind the wheel, the better rates you will have access to. Many insurance providers factor in your experience level when determining your insurance rates. If you hire anyone to drive for you, be sure to look at their experience. It is often more affordable to employ an experienced driver over an inexperienced driver from an insurance standpoint. Driving on the road in a big rig under a variety of conditions can be a tricky business.
Add Safety Features to Your Truck
Next, make sure you want to keep your truck in good shape. Try to add safety features to your truck. The more safety features your truck has, the more discounts you will be able to take advantage of. For example, if your truck doesn't have anti-theft technology, be sure to install some. Or add some truck accident avoidance systems. These small investments can really help to reduce your insurance rates.
Keep Your Credit Score Up
Your ability to pay bills and manage your credit matters. If you work as an owner-operator, be sure to keep up both your individual credit score and that of your business. Insurance companies look at your credit score to determine how stable you are, and they often use it as a means of decreasing or increasing your insurance rate.
If you want access to affordable insurance premiums as a trucker, you need to keep a good driving record, build up your experience, keep your credit score up, and make sure your truck is equipped with all the safety features that can earn you a discount with your insurance provider. These are four important steps to keeping your insurance rates at a level you can afford.
For more information, contact a commercial truck insurance company.