Insurance For Fleet Trucking Preparation
The process calls for LOTS of INFO and The larger the fleet, generally, the longer the lead time necessary for underwriting a fleet trucking insurance quote. It is a good idea to maintain insurance underwriting information files and keep them current. If at all possible, DELEGATE. If you have a trusted and capable staffer to assist in this process, by all means delegate this aspect of the fleet insurance buying process. It will make things go much smoother. There is a large amount of information which must be compiled, assembled into a submission and transmitted to the insurance companies: Loss runs. Driver list. Corporate financial statements. Equipment lists with stated values (this part can be time-consuming, although it needn't be). The following is a typical list of required underwriting information.
And keep in mind this is a preliminary list. Underwriters invariably have follow-up questions and additional information requests during the process.