Hunter Nelson discusses trucking insurance in conversational advisory style, emphasizing that insurance is a major cost for trucking (he states it is the fourth largest expense) and that carriers/agents matter: owners need an agent who knows trucking, has access to many insurance carriers, and actively shops their coverage every year.
There's all sorts of different options there. But yeah, if you guys are good throughout that process and everything's been handled well, the insurance company. I know, I know you guys different. You guys opinion of risk is different insurance company. And they're. It seems like they're always trying to pull one over on you guys, but this is the stuff they look at. I'm just trying to give you guys an idea because insurance is the fourth largest expense on trucking. So, yeah, I mean, there is that 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.
