If you haven’t looked closely at your insurance deductibles, you could be missing an opportunity for savings. Whether it’s a trucking-related or personal policy, that front-end amount you pay on a claim can significantly affect your monthly premium.
For something as simple and low-risk as home insurance, you might be comfortable with the largest deductible and lowest premium.
Trucking can be more complicated, especially if you’re an independent. One bad wreck could mean you’ve got to cover cargo and damage deductibles, as well as costs such as downtime and legal fees. Make sure your overall protection, including your normal level of emergency cash for meeting deductibles, is such that finances will not prevent you from getting back on the road as soon as possible after an accident.
Here are other ways to save on insurance:
Affected trucks include model year 2008-2018 Freightliner Cascadia and Western Star 4700, 4900, 5700 and 6900 trucks. DTNA says after hard brake applications, the brake light pressure switch may not activate the brake lights with the light application of the brake pedal.