Truckers insurance quote slashes premiums for owner operators

Factors Affecting Insurance Premiums

Several factors influence the cost of truckers insurance premiums. Understanding these can help you negotiate better rates:

• Driving Record: A clean driving record can significantly lower your premiums, as insurers view you as a lower risk.
• Type of Cargo: The nature of the cargo you transport can affect your insurance costs. High-risk cargo may lead to higher premiums.
• Truck Condition: Well-maintained trucks are less likely to be involved in accidents, which can result in lower insurance rates.
• Coverage Options: The extent of coverage you choose will impact your premium. Opting for higher deductibles can reduce costs.