Reese’s Items On The Significance Of Evaluating Your Present Insurance coverage Plans & Obtainable Choices In The Market

Content material Sponsored by ES Benefit

By Jeff Reese

Director of Gross sales & Advertising,

ES – Vendor Community Providers

For owner-operators, fleet house owners and trucking entrepreneurs, the arrival of October and the start of this yr’s fourth quarter can function a name to motion on the subject of planning forward for your enterprise. Irrespective of how briskly or sluggish 2022 has moved for you, the calendar’s flip to October is a reminder that 2023 is correct in entrance of us.

Sometimes, the fourth quarter is a time for annual renewals in addition to evaluating how key parts of your enterprise may be capable of profit from an replace or change. Very often through the fourth quarter, insurance coverage protection is likely one of the most necessary renewal and analysis gadgets that trucking enterprise house owners should tackle.

When reviewing your renewal choices or purchasing for different insurance policy which are accessible in at present’s transportation market, there are seemingly an infinite record of questions that ought to be requested. Our crew at ES and the ES Benefit program want to assist trucking enterprise house owners who’re taking a look at insurance coverage renewals in addition to these enterprise house owners who’re exploring the insurance coverage choices available in the market that greatest suit your wants.

Pay attention To The ES Benefit Podcast

For this month’s podcast, I requested Jason Williams to affix us for a high-level take a look at insurance coverage. Jason is the Co-Founder and CEO of Expediter Providers, and he is likely one of the architects of the ES Benefit program. Whereas it’s necessary to notice that Jason just isn’t an insurance coverage agent or subject-matter knowledgeable on insurance coverage, Jason’s expertise throughout the trucking business and his work with the insurance coverage suppliers who’re a part of the ES Neighborhood and the ES Benefit program provides him a worthwhile perspective when trying on the key factors that trucking enterprise house owners ought to be contemplating presently of yr.

Everyone knows that insurance coverage just isn’t essentially the most thrilling or fascinating subject that comes up in our business. In actual fact, Jason notes throughout our podcast that, “Insurance coverage is a really boring, mundane, irritating subject for many of us. Insurance coverage is a type of issues that it’s very straightforward simply to enroll and overlook about it. You set it within the sprint of your truck and simply by no means take a look at it once more.”

“However, right here’s the fact of at present’s business. Taking the strategy of not evaluating what you could have in place is a sure-fire technique to be overcharged, to be over-insured or underinsured. It’s best to acknowledge that insurance coverage is a instrument. It’s a instrument to help your enterprise. It’s a instrument that you might want to maximize your enterprise and also you do have choices,” Jason instructed us. “It’s necessary that trucking enterprise house owners take the time to take a look at it, store for it.”

“Evaluating your insurance coverage protection and your wants for your enterprise is loads like doing all of your taxes. No one likes to do it. Many instances, it’s that last-minute merchandise you need to do proper earlier than the deadline,” Jason added earlier than underscoring the significance of taking the time to guage your choices as we enter this renewal season. “Insurance coverage is one thing that, for those who don’t keep on high of it, chances are you’ll effectively end up in a troublesome state of affairs. You probably have an accident, was your truck under-insured? On the flip aspect, if you pay your truck off, you might discover out that your truck was over-insured and also you’ve overpaid the insurance coverage on it for years and didn’t even comprehend it.”

If you want to study extra about what’s occurring with insurance coverage and among the key issues that come up presently of yr, we invite you to take heed to the podcast included with this text and listen to what Jason Williams has to share with you, our listener. As well as, if you want to study extra on how the ES Benefit program might help you with evaluating your present insurance coverage protection and supply choices that could possibly be useful to your trucking enterprise operation, we’d additionally like to ask you to go to us on the internet at ES-Benefit.com. If you want to name us and discuss to our ES Benefit Workforce members, our toll-free quantity is 866-811-3033.

That is sponsored content material.