Years Insurance Company has insured Truckers Many insurance companies get into the truck insurance business because they see large premiums and short-term profits. Then they start experiencing losses, and leave the industry and their insureds mid-stream. You want a carrier who has been insuring truckers for many years, not several months. In the event of a claim, you want them to be there to stand behind you, to get you back on the road again, not just fight over paying for your loss. Look for someone who's proven in the field, who's been through many cycles of the business with the trucking industry. You want a company who writes truck insurance throughout the entire United States. Ask your agent how long the company has been insuring truckers. Financial Stability of the Company Insurance companies are rated by industry rating agencies (such as A.M. Best) on their financial stability. What this means to you is their ability to pay claims in the event of many losses. Look for an insurance company with an "A" rating, and at least $300 million in assets, to ensure the company will be in business for years to come, and will be there to pay for your losses. Ask your agent about the company's A.M. Best rating, and how many assets the company has. Print the Truck Insurance Evaluation Checklist and review it with your agent next time you buy truck insurance. Find Your Local Insurance Contact Back Next Pod Casts Contact Us  Privacy & Legal Notices  © 2010 Northland Insurance.