For moving and storage operations relying on a fleet of vehicles, commercial auto insurance can be a significant expense. So, it’s crucial to understand the factors that are within your control and influence your premium. Chiefly, speeding violations can have a surprisingly powerful and negative impact on the underwriting of your policy and, ultimately, your…
Celebrating Women in Trucking: 100 Years in the Driver’s Seat
In recognition of Women’s History Month, I thought it would be appropriate to celebrate the history and accomplishments of women in the trucking industry, including the many successful, woman-led moving and storage companies insured with our MOVER’S CHOICE program. Women Take the Wheel During World War I, women found themselves in the driver’s seat,…
NJ Insurance Liability Law – Impacts for Movers
NJ Insurance Liability Law – Impacts for Movers The new legislation raising the minimum amount of liability coverage to $1.5 million for commercial motor vehicles weighing more than 26,000 pounds, will have short- and long-term impacts for New Jersey movers, insurers and consumers. In addition, it is unclear how this law impacts vehicles owned and…
Reducing Vehicle Accidents
The largest liability facing the moving and storage industry is motor vehicle accidents. When larger commercial vehicles are involved in accidents, the bodily injury and damage to personal property is 3 to 4 times more severe than accidents that involve private passenger vehicles. A company that takes the time to select the proper driver and…
Understanding the Warehouse Receipt and Bill of Lading in the Event of a Catastrophe
With major events such as a Hurricane Ida, a large number of people unfamiliar with the claims handling process are typically drawn into the territory of filing an insurance claim. Even commercial accounts can be facing their first major loss and naturally feel a great deal of anxiety with the process. Depending on the circumstances,…
Technology Integration for Fleet Management
While the ability for manufacturers to get sensors has been difficult, that does not stop the march forward of many trucking operations from either upgrading existing equipment or when purchasing new equipment, to take advantage of the many safety benefits they will realize. We are seeing this trend in our moving and storage start to…