• Paying More, Getting Less

  • May 25 2022
  • Length: 32 mins
  • Podcast

Paying More, Getting Less

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  • Summary

  • Highlights from the conversation:

    • Insurance rates are rising faster than accidents (2:43)
    • Smaller and medium-sized fleets have higher rates (4:52)
    • Three ways trucking companies are responding to increasing rates (8:25)
    • Restructured insurance policies do not lower rates (9:44)
    • More self-owned risk equals lower out of pocket costs (12:09)
    • What carriers are doing to improve safety (14:29)
    • Giving drivers safety bonuses (17:07)
    • Expenses that are being cut for the sake of paying insurance (19:22)
    • Upcoming trends (23:20)

    Safe as Truck is a podcast powered by LogRock, a platform dedicated to handling all aspects of compliance for trucking companies. Learn more at www.logrock.com. 
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