Partners in Business tip: Shop for insurance

Partners in Business is sponsored by Ryder, Goodyear and Truckstop.com.

Partners in Business is sponsored by Ryder, Goodyear and Truckstop.com.

Don’t automatically include insurance in the final contract of a truck loan. Shop around beforehand, and you may opt to buy it elsewhere. Also, don’t sign up for credit life or credit disability insurance, which covers your truck payments if you die or become disabled, automatically. You likely can get the same type of policy on your own at a much lower rate.

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2 comments
filovoweke
filovoweke

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johncane
johncane

Don’t automatically include insurance in the final contract of a truck loan. Shop around beforehand, and you may opt to buy it elsewhere. Also, don’t sign up for credit life or credit disability insurance, which covers your truck payments if you die or become disabled, automatically. You likely can get the same type of policy on your own at a much lower rate.

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