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Essential Coverages for Dump Truck Business Owners

Owning and operating a dump truck business can be a lucrative venture, but it also comes with its fair share of risks. Running a dump truck business entail more than just navigating the roads; it involves mitigating risks and ensuring protection against unforeseen events. From accidents on the road to ...

New Year! New You! New Business?

New Year! New You! New Business? Why now could be the best time to start your own business. Why Now is the Best Time to Own a Small Business in Florida  Destin is world renowned for its sunny weather, beautiful beaches, and friendly small businesses. Our little beach town has a thriving entrepreneurial spirit that is partially due to Florida’s business-friendly tax code and legislation. If you are thinking of starting or expanding a small business, here are some reasons why now could ...

Florida worker’s comp rates decrease to 20 year low!

Great news for businesses in Florida!  The Florida Insurance Commissioner approved an overall rate decrease of 15.1% for Workers Compensation starting on January 1st 2024.[1] Over the past 20 years, Florida has seen an over 50% reduction rate in workers compensation.  This decline has been influenced by a multitude of factors, reflecting both economic shifts, medical innovation,  and legislative changes impacting the compensation landscape for businesses and employees. Historic Trends in Workers Compensation In the early 2000s, Florida experienced a surge in workers' compensation rates due ...

Looking for Insurance for your Trucking Business? Find an agent that has the knowledge and skills to match your own.

Can all Insurance Agents provide Commercial Trucking Insurance? Imagine if a new 16-year-old driver, just learning how to maneuver their little hybrid, got behind the wheel of 10-ton dump truck? The scene would look more like a monster truck rally, with all the cars in proximity being run over by ...

Does my small business need commercial auto insurance?

If you’re a growing small business that relies on your vehicle, your personal auto insurance probably doesn’t provide all the of the coverages that business insurance encompasses. Especially if you don’t tell your insurance company that your personal auto is used for some business use, they could ...

How the UPS-Teamsters Contract Will Affect the Trucking Industry

How the UPS-Teamsters Contract Will Affect the Trucking Industry The most historic deal in the Trucking Union (Teamsters) passed this last month promising dramatic wage increases to UPS drivers. Some reports are showing that between hourly pay, overtime, and benefits, drivers could be making close to $170,000 a year.  The new contract will bring significant benefits and protections for UPS Teamsters, such as: Historic wage increases. Full time workers at UPS can get paid up to $49 per hour and part-time workers will be paid up ...

Insurance for your growing business

Mountain biking is not for beginners. When I was younger I went mountain biking and Colorado. I thought I was skilled but quickly discovered I was out of my element on the unfamiliar steep climbs and sharp drops and my naivete showed right away when I didn’t know bikes could have suspension or handlebar extensions. It buoyed my confidence having friends around and safety gear on, though about halfway through I regretted declining the shinpads. Businesses similarly reach a point of growth where they ...

The worth of your truck is important

If you currently have Physical Damage coverage, the value of your vehicle/equipment has likely has gone up, and you might be underinsured.  With the steady increase in values of trucks, vehicles, and equipment, you may risk being underinsured. If you have a claim that results in damage ...