Many trucking executives feel like they don’t have control over their insurance costs. Even when they perform well, insurance companies demand a rate increase. This unpredictable waiting game to determine their costs for the next 12 months creates a sense of frustration and lack of control - a condition we refer to as insurance dependency.
A year ago, we began our mission to determine how prevalent this state of insurance dependency is – and why companies were unable to break-free.
THIS IS WHAT WE FOUND: Most trucking companies were unaware of their dependency on insurance - and to what degree it was impacting their culture and bottom line.