Insurance can feel like a heavy load, but it doesn’t have to weigh down your wallet. At Logrock, we know the road is tough enough without overpaying for coverage. That’s why we’ve put together this cheat sheet to help you save big on truck insurance while keeping your business fully protected. Let’s break it down!
1. Clean Inspections = Lower Premiums
The more clean inspections you rack up, the better your insurance rates. Regular maintenance and thorough pre-trip checks help prevent violations — and show insurers you’re serious about safety.
🚚 Pro tip: Create a maintenance schedule and stick to it. Fewer violations mean lower risk and lower costs.
2. Hire Safe, Experienced Drivers
Insurance companies love low-risk drivers. Hiring experienced truckers with clean records can drastically cut your premiums. Plus, offering ongoing safety training helps reinforce good habits behind the wheel.
🚚 Pro tip: Use background checks and MVR reports to screen for the safest drivers.
3. Raise Your Deductible (If It Makes Sense)
If you can comfortably handle a higher out-of-pocket cost in the event of a claim, raising your deductible can lower your monthly premium. It’s a balancing act, but it can save you cash in the long run.
🚚 Pro tip: Set aside an emergency fund so a higher deductible doesn’t catch you off guard.
4. Bundle Your Policies
Why juggle multiple policies when you can bundle them for a discount? Combining liability, cargo, and physical damage coverage with one provider — like LogRock Inc. Insurance — often leads to big savings.
🚚 Pro tip: Ask about multi-policy discounts and see how much you can shave off your bill.
5. Leverage Telematics & Dashcams
Tech can be your best friend when it comes to lowering insurance costs. Telematics devices and dashcams track driving behavior and can prove you’re a low-risk operator, leading to premium discounts.
🚚 Pro tip: Show your insurer the data — safer driving habits might unlock extra savings.
6. Pay Premiums Annually
Paying your insurance premium in one lump sum instead of monthly installments can score you a discount. It’s a bigger upfront cost, but if your cash flow allows, it’s a simple way to save.
🚚 Pro tip: If a full annual payment isn’t feasible, ask about semi-annual options for smaller savings.
7. Review Your Policy Annually
As your business evolves — your coverage should too. Regular policy reviews help catch unnecessary coverage or outdated limits that might be driving up costs.
🚚 Pro tip: Partner with your LogRock Inc. agent to review your policy every year and make adjustments as needed.
At Logrock we’re all about helping truckers stay protected without breaking the bank. We’ll work with you to customize a policy, find hidden discounts, and make sure you’re only paying for the insurance you need.
Want more in depth information? Why Your DOT Record Matters For Truck Insurance
Get a Free Truck Insurance Quote Today!
Let’s keep your rig covered and your costs down.
