subject: The Process Of Getting A Truck Insurance Quote [print this page] It is good to have a fair knowledge about a product or service you are about to purchase. Whether it is white goods, a car or some other electronic gadget, knowing some details about it before hand will definitely help you in making an informed purchase. Truck insurance is no different and before you ask for that truck insurance quote, you would do well to understand about commercial trucking insurance and also be clear about what you would have to be ready with from your side so that you are able to negotiate a good deal with the insurance service provider, or even with an agent.
Some of the things you should be clear about are as under:
a)Be precise about the purpose for which your truck or fleet of trucks will be used. Insurance companies would want to estimate the potential risk your vehicles stand exposed to before quoting, and therefore you must also make available other details such as the age of your drivers, the security and safety mechanisms you have installed within the vehicles, the mileage you expect the vehicles to cover and so on. All these will go a long way in influencing the premium rates that the company would offer you.
b)You can get a preview or some indication of the kind of insurance that would be apt for your business by talking to a couple of brokers or peers in your business. That would help you when discussing with the company representative. Brokers generally are very helpful and do have a good knowledge of the various policies in operation, since they cater to diverse customers and would be able to suggest something ideal for you. Some of them may even be able to offer you better rates than the companies themselves due to their years of association with these companies and the special principal-broker arrangement they have with the companies.
c)Shortlist insurance service providers of repute as well as experience and start taking truck insurance quotes from them online. Though some of the commercial insurance companies may not give you quotes online without an idea of your exact requirements, you can still get a rough estimate from them.
d)You can also take quotes over the phone by talking to the customer service department of companies. Compiling all these quotes will help you shortlist the policy you should ideally be having and the price you would have to pay for them.
Note that getting the quotes is only the first step. If you wish to deal with the companies directly and not depend on brokers, then you can start calling their representatives for a discussion. It is only when they sit across with you that they would be able to understand your needs better and offer you a bespoke solution if you are taking such a policy for the first time. If you already have a policy, then you can think of shifting to another company based on the competitive rates they offer and by taking advantage of any 'no claims bonuses' that you may have earned during the previous year.
by: Neil Anderson
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