It really doesn’t matter what you haul, if you run vans or reefers, or if you do long, short, or local runs, insurance isn’t optional and that applies to more than the legal considerations. Of course, having required coverages such as liability and cargo is necessary but there is much more to an insurance policy and provider than getting the legally required trucking insurance minimums.
For many trucking companies, The Owens Agency LLC in Waldron, AR has helped businesses meet those requirements and so much more. There is a big difference in insurance needs, from owner-operator needs to the needs of large trucking operations with many trucks and many loads. Getting the right trucking insurance means getting the right plan and coverage for your trucking business.
If your trucking company deals with hauling dry loads such as corrugated or pallets as cargo, then the value of those loads will be considerably different than hauling refrigerated perishables or even electronics. Beyond the legal aspects are the common-sense reasons to get a policy to protect your business.
The right package can also be a great way to improve and even increase business. Some companies won’t even work with trucking companies that don’t meet their insurance standards. This is another smart reason to consider looking at your trucking insurance policy and how it works for your trucking business.
In addition to all of these required and practical reasons to have the right trucking insurance, it is the peace of mind that can’t be replaced, of knowing your customer’s loads, your trucks, and your drivers are protected.
If you are shopping rates or looking for trucking insurance, The Owens Agency LLC in Waldron, AR trucking companies have discovered, can help. From standard legal requirements to insurance policies tailored to your trucking business needs, let us help you stay safe and insured, for every load and every trip.
Owning a commercial truck in the Waldron, AR area can be a great investment and career path. When you own or work on a truck, you also need to remember that you are driving a very valuable asset and that you are hauling some very valuable materials. When you are looking to own or manage a truck, getting trucking insurance will be a very good investment. There are several things that you need to know about trucking insurance.
It Can Save Your Business
One important fact to know about trucking insurance is that it could save your business. Trucking companies often rely heavily on the cargo that they are carrying. If your truck is vandalized, stolen, or involved in an accident that damages the cargo, it could be devastating for your trucking business. However, if you have insurance, you will receive coverage for your cargo which could save your organization.
Trucking insurance is also something that will likely be required for you to carry. One part of trucking insurance is to carry liability insurance. This is the same type of insurance that could be required under state laws for all drivers. Also, if your trucking business has any type of loan from a bank, the lender will undoubtedly require that you have a full trucking insurance policy. This will help to protect their collateral when the loan is outstanding.
If you would like to learn more about trucking insurance, The Owens Agency LLC is a great place to start. The Owens Agency LLC has been helping people all over the Waldron, AR area choose trucking insurance policies for a long time. They will be able to evaluate your situation and make sure that you get into the right policy that meet your needs.
Are you in the trucking business? If so, it’s important to have the right trucking insurance as this is one of the biggest expenses you company will have. For this reason, you’ll want to get the most for your money. If you’re looking for a new trucking insurance policy in Waldron, AR or need to revisit and existing policy, read on to learn about three important tips that will get you the right coverage and help you save money in the process.
1. Bundle Your Policies
One of the easiest ways to save money on a trucking insurance policy is to bundle it with your other policies under one insurance carrier. You can bundle commercial insurance, home insurance, auto insurance, umbrella insurance, and other policies you may have to get the maximum discount on your premiums. You may want to stick with your current insurance carrier or even switch your policies to a new one.
2. Compare Many Quotes
When purchasing any new insurance policy, it’s important to compare many quotes to find the right policy. The trusted agents at The Owens Agency LLC can help you do this. They will go over each trucking insurance policy with you in fine detail to make sure you understand the coverage and to help you decide on the best policy.
3. Work with a Reputable Agent
Insurance agents are a valuable resource when it comes to buying an all-important trucking insurance policy. The agents at The Owens Agency LLC are standing by to answer all of your questions and concerns and help you find the right policy at the right price.
To learn more about buying a trucking insurance policy in Waldron, AR, contact our team today.
Many college grads can become overwhelmed by their expenses and look for ways to cut costs. Even if you may think it’s an optional expense, renters insurance should not be cut from anyone’s budget, especially recent college grads. The team at The Owens Agency LLC is here to help the young people in the greater Waldron, AR area make sure that their possessions are protected. It’s important to remember that landlord insurance typically only covers the building itself and any common areas. There are a variety of different options available and there is likely an appropriate renter’s insurance policy for everyone.
Don’t Leave Yourself Unprotected
Many young people misunderstand how insurance works and think that their landlord’s policy will cover their unit. Unfortunately, this is typically not the case, as each unit must have its own policy in place. If you are living in an apartment or other rented space, it’s important to have an insurance policy in place to protect your possessions. A fully comprehensive policy can provide other benefits such as alternative living arrangements in the event that your home is uninhabitable. There is also coverage for theft and vandalism that can protect you from criminal mischief. If you are interested in obtaining a renters policy it makes sense to sit down with an experienced local agent to learn more about the available options and determine which policy and coverage levels are right for you. Don’t think that renters insurance is something that you can do without!
Don’t leave the protection of your belongings up to chance. Contact the team at The Owens Agency LLC today and find out more about all the renter’s insurance policies that are available to residents in the greater Waldron, AR area.
Choosing a health insurance plan is of utmost importance. Particularly for your business, you want to make sure you’re able to offer your employees health plans that work for them and their families around Waldron, AR. At The Owens Agency LLC, we can help you to choose a plan that works best for your business.
First, you have to think about how much you want to contribute to the plans. Some companies help to reduce the premiums their employees pay drastically. Whether you want to contribute a little or a lot, it will make it easier to explore the best plans.
From there, consider whether you want to offer an HMO, a PPO, or a health spending account. In order to figure out what’s best, it might be helpful for you to conduct a survey with your employees. Get a focus group together to find out whether employees want their doctors within a certain network, what the desired monthly fees are for premiums, and more. By obtaining all of this information, it will be easier to narrow down the options.
You may also want to look at the add-on possibilities that are available. For example, dental and vision can be added to some health insurance plans, offering more comprehensive coverage for your employees. Your employees can choose to opt into these plans for added money or skip them entirely. However, offering them can make it easier to keep up employee morale.
The benefits package that you offer is important. Many employees choose where they want to work based on what is offered to them. As such, you need to take a close look at the plan that you’re offering.
Don’t hesitate to offer health insurance plans. Call to talk to one of our insurance agents at The Owens Agency LLC today. We’ll be sure to help you compare policies effectively around Waldron, AR.
You may have a business plan that is sound. What would happen, though, if an emergency occurs in Waldron, AR that caused your company to close for days or even weeks? Do you have enough savings to cover the closure? If the answer to the last question was in the negative, then you may want to consider business interruption insurance.
What is business interruption insurance?
Put simply, business interruption insurance is an indemnity plan that serves as a sort of umbrella for your company. The policy kicks in when your business has to temporarily close due to an unforeseen event such as a fire or flood. You will not lose the income that your company would have garnered during the closure thanks to business interruption insurance that covers the loss of revenue.
How does business interruption insurance work?
Business interruption insurance works like a standard assurance policy. You are covered up to your policy limits, which are based on the monthly premium you are willing to pay for assurance in Waldron, AR. Whereas a higher premium pays out more, the lower end of the bar does not provide as much of a financial cushion.
The amount of coverage that you choose depends on several factors, which are not limited to:
The type of business you operate;
How much revenue the company brings in on a daily basis;
How much saving you have in the bank to cover emergencies;
The number of years you have been in business.
Call The Owens Agency LLC
The Owens Agency LLC has been in the business of insurance for many years and understands the importance of financial security. Our team of experts can explain the ins and outs of business interruption insurance so that you fully understand what you are buying before making your purchase. Contact our office today to get started with a quote!
Distracted driving is one of the biggest factors in auto accidents in the Waldron, AR area. Use these tips from the Owens Agency, LLC to reduce the chances of hurting yourself or someone else while you’re on the road.
- Put your phone in the glove box or another location that you physically cannot access while driving. This is the best way to avoid the temptation to peak every time you receive a notification. If this isn’t possible, turn your device off or put it on silent.
- Before putting the vehicle into drive, make sure all children are properly secured in car seats or safety restraints. Place pets in car carriers to keep them from moving about the vehicle while you’re driving.
- Set up your navigation before you start the car. Use a hands-free mount to attach your navigation device to the dashboard where you can see it without taking your eyes off of the road for too long.
- Don’t eat while you’re behind the wheel. The time it takes to reach for a french fry is enough time to avoid a collision. Eat before you leave your location, or simply wait until you get where you’re going.
- Talk to your teen driver about cellphone use behind the wheel. Create a written contract in which they promise not to succumb to the pressures of texting and driving. Establish clear and appropriately severe consequences if they’re caught disobeying the rules.
- Avoid grooming while your vehicle is in motion. If you need to apply makeup, shave, or arrange your hair, wait until you’ve arrived at your destination. You’ll do a better job when you don’t have to divide your attention.
The Owens Agency, LLC offers automobile insurance for residents in the Waldron, AR area. Contact us for more information on the dangers of distracted driving.
The trucking and transportation industry continues to be a very important one as it ensures that all products get to their ultimate destination. For those that own a commercial truck, being adequately insured is very important. Having a full trucking insurance policy will provide you with a variety of different types of coverage.
Traditional Types of Insurance Coverage
When you get a trucking insurance policy, you will first get a traditional type of insurance policy. This type of insurance policy will include your standard commercial liability, collision, and comprehensive insurance coverage. This will provide coverage to you and your truck for a wide variety of losses including car accidents, theft, vandalism, or damage by a storm. The commercial liability components are required to be carried at all times, and most owners would benefit greatly from also having the collision and comprehensive coverage on their truck at all times.
When you have a truck, there are many other types of insurance that you will need to have on your truck as well. A kind of insurance that you will need to have is cargo insurance. This type of insurance will provide you with insurance for the cargo you are transporting. This will give you financial coverage in the event it is damaged or stolen. Many owners will also benefit from having bobtail insurance, which will provide you with insurance coverage if you are driving without cargo or are using the truck for personal reasons.
If you are a Waldron, AR area truck owner or operator, you should contact The Owens Agency, LLC. Our agency is well known for providing truck owners with a reliable consultation on their trucking insurance needs. The Owens Agency, LLC can also help you get into the right policy for your situation. Contact our offices in Waldron, AR to get a quote.
If you have just purchased your first big rig or semi truck, you may be looking to purchase truck insurance. One of the questions that we at The Owens Agency, LLC, serving the greater Waldron, AR area, are asked is whether trucking insurance covers only the owner of the truck or whether it covers any person the owner allows to drive and operate the truck. This is important if you plan on letting others drive your truck. Here is what you need to know about this question.
Who is Covered By a Truck Insurance Policy?
When you are looking to purchase a truck insurance policy, it is essential to understand that not every policy is the same. As such, who is covered or not covered can vary. Some coverage options will only include those named on the insurance policy. This means that you have to list everyone you think may drive the truck, such as your family members or employees. Other insurance policies will cover anyone who drives your truck, as long as the policy does not specifically preclude them. A policy may preclude a driver who has had a DUI in the past or has been involved in a truck accident recently.
When you are looking to purchase a truck policy, you need to carefully read the policy to find out whether all drivers are included or whether you have to list specific drivers. This will help you determine who is and who is not covered under the particular policy you are looking at.
If you have purchased a big rig or a semi truck, you are required to purchase truck insurance in the Waldron, AR area. The Owens Agency, LLC can help you find the policy that best fits your needs. Contact us today to get started.
If a company uses a truck for business purposes, even only part-time, it is likely that there is a need for commercial vehicle insurance. This need may arise in some not so obvious ways, such as when a business owner lends his or her personal truck to an employee to run an errand for the company. That is a commercial use of the vehicle, which may not be covered under a personal automobile insurance policy.
Additionally, when a company has more than one truck in operation, especially when there are multiple drivers of the commercial vehicles, the company may benefit from insurance of those vehicles as a fleet. A fleet is usually four or more vehicles used for commercial purposes. Even an individual that drives four or more personal vehicles may benefit by switching to fleet insurance.
Common Uses for Fleet Insurance
Common uses for fleet insurance include trucking companies, rental car companies, taxis, delivery services, buses, company automobiles used by outside salespersons, and many others. If your company has more than one truck or a combination of trucks and automobiles that it uses for commercial purposes, check with your agent at The Owens Agency, LLC serving Waldron, AR, and the surrounding areas to determine if fleet insurance is the appropriate choice for coverage.
Advantages of Fleet Insurance for Trucking Companies
Having fleet insurance eliminates the stress and extra work of maintaining separate insurance policies for each vehicle. There may be economic advantages, and the claims process is usually very efficient. If a fleet of trucks is used to transport goods, some policies also provide additional coverage for the value of the products being transported.
Contact your agent at The Owens Agency, LLC serving Mena, Waldron, AR, and the surrounding areas to learn more about the fleet insurance solutions that would be beneficial for your business.