Hunter Nelson provides practical advice for trucking companies on how to shop for insurance. He emphasizes that a knowledgeable trucking insurance agent should proactively reshop policies well before renewal (typically 60–90 days out) so filings, loss runs, and down payments can be prepared in time; reshop attempts only two weeks before renewal are criticized as inadequate.
How you guys should be shopping your insurance. Your agent really should be shopping you guys every single year. You need to have an agent who knows trucking, understands trucking has options or has access to a lot of insurance carriers. You want to make sure you're with a good trucking insurance agent. Not saying it's got to be me, but it's got to be somebody who knows what they're doing, has access to rent. Insurance companies for you guys is reshopping you every year is doing a good job of reshopping you. If they're coming back two weeks before every single year to shoot you call hey, time to reshop for your insurance. I'm going to take a look at it. That's a horrible way to do it. They should be doing it 75 days out, 60 days out, 90 days out, whatever the case is months out from your guys renewal. So that way your filings are done in time, you have time to get ready for your down payment, they have time to get their loss runs, they have time to be looked at. All the insurance companies.
