Exposures related to commercial auto insurance are vast, and a number of industry changes, as well as the frequency and severity of claims, have had a significant impact on carriers in the space. This Coverage Insights will examine some of the trends driving up the cost of commercial auto insurance.
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Your vehicle’s manufacturer or the National Highway Traffic Safety Administration (NHTSA) can issue a recall on a car that has a safety-related defect or fails to meet safety standards. Defective airbags or seat belts and leaking fuel systems are some of the many issues that could lead to recalls—recalls that can create serious safety concerns for you and your loved ones. Keep reading to learn what to do if your vehicle is recalled.
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You may not think an error on your auto insurance application is a big deal, but the consequences can be very costly. Giving inaccurate information on your application can lead to increased premiums, policy cancellations or insufficient coverage in the event of an accident. Here are some common mistakes to avoid when applying for auto insurance.
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Employees can use all different types of equipment to unload product from dry vans or box trucks. Some employers equip their trucks with lift gates, while others use a ramp and a cart to unload product. All methods pose particular safety risks, so safety awareness and training for employees is essential. This Risk Insights resource highlights safety considerations to make when using a ramp for unloading product.
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