Navigating the Challenges of the Hard Insurance Market for Semi Trucks
Jan 03, 2024 in Tips and TricksThe trucking industry plays a crucial role in keeping the wheels of commerce turning, and semi-truck operators are the backbone of this essential sector. However, in recent times, navigating the insurance market for semi trucks has become increasingly challenging. The industry is facing a phenomenon known as a "hard insurance market," characterized by rising premiums, stricter underwriting standards, and a reduced availability of coverage. In this blog post, we will explore the challenges faced by semi-truck operators and provide some valuable tips on successfully navigating the complexities of the current insurance landscape.