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Tips & Tricks
To Save Money on Insurance & Claims

Tips & Tricks - Save Money on Insurance & Claims

By W. Kelsea Eckert, Attorney at Law
Posted Jul 5th 2022 12:00PM

Ever wonder why insurance costs for trucking companies are so high? Interested in learning strategies for keeping premiums down and recouping money after accidents?

Join insurance professional Jeremy Kincaid of Kincaid Insurance and transportation attorney Kelsea Eckert of Eckert & Associates in their workshop entitled: “How to Keep Insurance Costs Down and Best Protect Your Business.” This eye-opening workshop will be held at the Expedite Expo in Ft. Wayne, Indiana on Friday, July 15, 2022 at 11:00 am.

It’s important to protect your company’s bottom line. Saving premium costs up front and being made whole by an at-fault party and their insurance company on the back-end are two significant ways you can make a positive impact on your business.

During the workshop, you’ll learn the importance of UM/UIM Coverage, Loss of Use, and other coverage and endorsements on an insurance policy. In addition, you’ll learn more about the proper scheduling of equipment, proper valuation of equipment and proper reporting when an accident strikes.

Not-at-fault accidents happen to even the safest of truck drivers. The length of time to repair equipment has skyrocketed with the nationwide shortage of parts and lack of mechanics. Adverse insurance companies seem to exacerbate the delays with many of their practices.  Learn how to be proactive after an accident by doing 2 things: 1) Proving the bad driver was liable, and 2) Substantiating 100% of your equipment’s repairs and financial losses.

An accident causes more damage than just the repair cost. A semi involved in a serious accident may not be worth as much as before the accident. This loss is called Diminished Value.  A semi that cannot run until repairs are complete suffers Downtime and corresponding Loss of Use or Lost Profits, which are legitimate claims for reimbursement in most jurisdictions.

Jeremy Kincaid and Kelsea Eckert’s workshop will help you stay organized with your insurance planning and one step ahead of your claims. We look forward to seeing you at this year’s Expedite Expo!

REGISTER HERE for the Expo!

*The information provided is for general informational purposes only and does not constitute legal advice.*

For more information on this or other legal issues, please contact:
The Law Offices of
Eckert & Associates, P.A.