According to the Federal Motor Carrier Safety Administration (FMCSA), an agency within the Department of Transportation, more than five million trucks and buses share the roadways with 250 million motorists. With this amount of activity – accidents and violations are going to occur. Claims and violations directly impact the cost of your trucking insurance.
One way to improve your tucking safety program is to recognize behaviors that could result in a claim or violation. Regularly reviewing DOT violations and crash history will help you understand why you received a warning/violation and what contributing factors resulted in an accident. In the FMCSA Motor Carrier Resource Center, you can check your safety and performance data and access safety compliance materials. Utilizing this data to identify trends to create or amend safety policies and procedures can help minimize increases in premiums and payouts.
“A critical element in improving your safety program and preventing accidents is that the effort must be company-wide and from the top down,” said Randy Watson, Transportation Risk Management Consultant.
Palomar’s team of experienced transportation insurance advisors works with owner-operators and large fleets. They are committed to getting to know your business and will work with you to provide tailored insurance solutions that support your business and driver needs.
Contact the Palomar Transportation Team to learn more.
Randy Watson, a Palomar contracted Risk Advisor, brings over four decades of expertise in the transportation industry. He specializes in safety, human resources, and training initiatives, working closely with trucking and transportation professionals to enhance operational efficiency and regulatory compliance. As a NATMI-certified Safety Director, Randy demonstrates a deep commitment to industry standards and best practices. Additionally, he has served as Chairman of the Alabama Trucking Association Gulf Coast SMMC for the past five years, contributing to advancing safety and leadership within the sector.
