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Rise in truck crashes, large payouts, expected to boost insurance renewal rates this year

This is the first of a two-part series that looks at commercial truck insurance and how carriers can influence their insurability and affect their rates. Read Part 2, “Leveraging technology to calculate insurance risk, improve the bottom line,” at this link.
Beware and prepare. Tractor-trailer insurance rates saw an uptick this year, brought on by a rise in truck crashes and massive settlements and judgements.

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The best way to predict your future
is to create it.

– Abraham Lincoln