Fleet Risk Management, Inc. Educates Truckers About Recent Anti-Indemnification Regulations - Insurance News | InsuranceNewsNet

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March 18, 2013
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Fleet Risk Management, Inc. Educates Truckers About Recent Anti-Indemnification Regulations

PR Web

Simmons Island, GA (PRWEB) March 18, 2013

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 March 2012 Transportation Topics article. As a trucker, learning how to handle indemnification is essential to security on the road.

And the trucking insurance experts at Fleet Risk Management, Inc. can help truckers understand the laws and how they apply to their contracts to make sure truckers are not agreeing to take responsibility in cases where they should not.

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 Fleet Risk Management, Inc. strongly urges truckers to contact their insurance agent to help them determine what to do.

It is important for truckers to consider: do I sign the contract or do I not sign the contract. At Fleet Risk Management, Inc., experienced and qualified agents review all of truckers’ contracts prior to approval – including the indemnification clause. It is important for truckers to realize that they cannot rely solely on these indemnification laws – they need the help of a trusted insurance agent.

At Fleet Risk Management, Inc., insurance agents help truckers all across the country. Making sure commercial truckers are protected and have adequate liability coverage is their job. Concerned truckers are urged to call right away and get the assistance they need to be protected.

About Fleet Risk Management, Inc.:

Fleet Risk Management, Inc. is staffed by a dedicated group of professionals that are committed to protecting the assets and facilitating the growth and profitability of its commercial trucking clients. Every staff member in every department is deliberate and intentional about providing insurance products and industry expertise that will provide a competitive edge to trucking company partners.

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

Copyright:  (c) 2013 PRWEB.COM Newswire
Wordcount:  495

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