Do I need trailer interchange coverage on my policy?
This entirely depends on what shipping companies you plan to work with and whether you’ll be pulling your own trailers or the shipping companies. One of my appointed carriers, Great West Casualty, has some really great coverages for trailer interchange [...]
Is the Stated Amount for commercial vehicles important?
When you’re coming up on your yearly commercial auto renewal, a good insurance broker is going to ask you to review your Power Units and determine whether the stated value for each power unit is accurate? In a total loss/wrecked [...]
Do I need to have auto insurance if my vehicle is paid off?
Yes, it is the State law for all owners of a vehicle to have auto insurance. It is your choice if you wish to insure for physical damage if there is not a lender involved.
What is broad form collision and can I choose something different?
Broad form collision allows you to not have to pay your deductible if you are not deemed at fault in an accident. There are also options to choose “regular” and “limited”. These options should be discussed with your agent. [...]