Fleet Risk Management, Inc. Educates Truckers About Recent Anti-Indemnification Regulations
| PR Web |
For motor carriers and shippers, contracts are typically the cardinal way to handle business relationships and establish responsibility. When negotiating the relationship, a big part of the contract has to do with indemnification – the scope of legal liability. For truckers, liability issues are the most important. However, oftentimes, contracts are agreed upon which include indemnity obligations which are unfair and unattainable. As a result, many states have recently recognized this and chosen to pass anti-indemnification laws, according to a
And the trucking insurance experts at
Depending on the state, anti-indemnification legislation varies. Some states have passed legislation making specific types of provisions unenforceable, and others have gone as far as prohibiting it all together. As a trucker, this could impact the way business operates. Depending on where a trucker is shipping or receiving, different laws could govern their contracts. It is important not only to understand the specific anti-indemnification regulations, but also to be sure personal liability is covered.
Important considerations for trucking liability:
• Physical damage
• Occupational accident coverage
• Cargo insurance
• General liability
For a trucker, liability stretches beyond the cargo inside of the vehicle. This is exactly why
It is important for truckers to consider: do I sign the contract or do I not sign the contract. At
At
About
We are keenly aware that our clients place more than their business with us. They place their trust here too. We take our role as trusted advisor very seriously and hope that you will allow us the opportunity to become a vital part of your team.
Read the full story at http://www.prweb.com/releases/2013/3/prweb10536186.htm
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