4 Tips For Saving Money On Your Commercial Trucking Insurance Premium

As a commercial truck driver, you have a lot of expenses you have to take care of in order to work as an independent owner-operation. One of those expenses is your insurance premium for your commercial trucking operation. Luckily, there are many ways you can help keep your commercial trucker insurance premium within an affordable level for your operation.

Tip #1: Keep Your Driving Record Clean

One of the most important things you can do to protect your insurance premium rates is to keep your driving record clean. Keeping your driving record clean will help significantly reduce the cost of your insurance.

Accidents as well as minor driving violations can really add up the cost of your commercial insurance. The cleaner your record, the better rates you are going to enjoy.

Tip #2: Use Nice Vehicles

Second, it is important to consider how the age of your truck impacts your insurance coverage. It may be more affordable to purchase an older vehicle; an older vehicle may cost you more in the long run.

A newer truck, that is less than ten years old, and has all the latest safety features, will cost you less to insure. If you are thinking about how to invest in vehicles, be sure to consider the full cost of purchasing an older vehicle verse a new commercial truck.

Tip #3: Keep a Good DOT Safety Record

Speeding tickets and accidents are not the only record you need to be concerned about. You also need to make sure that you keep a good Department of Transportation (DOT) safety record.

This is something that your commercial racing insurance provider is going to check out. You need to make sure you keep good DOT scores and keep your violations down. The better record you have with the DOT, especially over the long-run, will help keep your insurance rates down.

Tip #4: Invest in Safety Programs

Finally, you need to make sure you're investing in safety features and programs. For example, taking driver safety training courses will help keep your insurance rates down. Creating your own driver safety program will help as well. Find out what type of safety programs and features will help you lower your insurance rates with your insurance provider.

When it comes to keeping your insurance rates at an affordable rate, you are going to want to work to keep your driving record clean and maintain a good DOT safety record. You also need to use vehicles that are less than 10 years old and invest in safety programs and features.

For more information on how trucker insurance can benefit you, talk to a local expert today.