Expediting and Insurance Fraud

[Lawrence]

I'm sure you purchase trucking insurance, so with that in mind...here is some good information from Shelly at CIS:

Square Peg in a Round Hole

 

[CharlesD]

The main thing there is the radius thing. You have to be sure that if you're going to go all 48 states that you have coverage beyond the 500 mile limit that some policies have.

 

[Mike99]

The main thing there is the radius thing. You have to be sure that if you're going to go all 48 states that you have coverage beyond the 500 mile limit that some policies have.

In my opinion the carrier who haul the load and has MC number is responsible for the cargo insurance.Not the o/o . This is why if you contracted with Panther , TriState etc you dont have to have cargo insurance. Why Progressive collect the premium from the carrier and from the o/o for the same cargo? Anyway ,from what I heard Progressive will go out from expediting area. CIS lost a lot of business because of this...

 

[CharlesD]

In my opinion the carrier who haul the load and has MC number is responsible for the cargo insurance.Not the o/o . This is why if you contracted with Panther , TriState etc you dont have to have cargo insurance. Why Progressive collect the premium from the carrier and from the o/o for the same cargo? Anyway ,from what I heard Progressive will go out from expediting area. CIS lost a lot of business because of this...

Ok, nowadays I'm coming from the carrier's perspective, so sometimes I forget about owner op insurance being different.

CIS does push the model where the owner ops all have their own insurance though, so that might be part of the logic behind that article. With primary liability and cargo there is a radius deal in some policies. I think if you get a 500 mile radius policy it's a little cheaper or something.