I would love a dollar for every time we hear these old excuses: ‘I told them the brakes were dodgy’ or ‘they tried to beat me and cut in front of me when their lane was ending’ or ‘they tried to bag me up on the inside on a roundabout’.
Over the past 30 years, AEI Transport has proudly grown to become one of the leading specialist insurance brokers along the east coast for heavy transport and logistics operators, advising in all aspects of insurance and workers compensation advice.
If you happen to have been one of the unfortunates who have had to make a claim on their commercial truck insurance policy in the last couple of years, it is more than likely you would have suffered from a certain degree of heightened anxiety after you had received the verdict from your insurer’s claims manager or their loss adjuster (assessor).
Trucking companies and their customers will keep convenient access to add-on insurance under a draft exemption from new requirements.
You ask what being a professional has got to do with insurance? In one word, everything.
You don’t have to, it’s up to you. But, before you go it alone, it would be a good idea to take some notes of the following and read everything, then read it again, then read it again until you understand it.
A great question and it will come with an answer that every operator should consider very carefully. Uninsured losses are many are varied and with every business, the loss circumstances are different.
Insurance is too expensive – what a load of rubbish! Insurance is no more expensive these days than it was back in the early 1990s. Back in the 90s yours truly had his own truck insured for $100,000, five years claims free doing general freight and furniture and was paying around $8500 for the insurances on it.
Far too many get caught up in the excitement of going into business for themselves that they miss some critical steps that can make or break a business. Whether you are planning on opening a fish ‘n’ chip shop, starting your own bank or buying your first truck, there are some basic principles you can follow in order to start and then continue to grow a successful business that will ensure you give your business the best chance to survive and prosper.