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Yes, some insurers have quietly stopped covering trucking companies altogether this year, with little warning to agents or carriers.
Here is the direct reason behind it:
Fewer carriers are accepting new trucking accounts
Remaining insurers are more selective on who they quote
Rising claims and repair costs are cutting into profitability
Some regions and commodity types are harder to place than others
A shrinking market means the carriers who remain can be more picky about who they insure.
Alvix Insurance Group tracks which carriers are still actively writing, so you are not left guessing.
Find a carrier still writing policies. Call (305) 909-6444 or email info@alvixinsurance.com. Website: www.alvixinsurance.com
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It is ok to contact this poster with commercial interests.
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