Thinking of Chicago always brings to mind great hot dogs, crosstown baseball rivalry and a lot of hustle-and-bustle. We're bombarded with a multitude of choices for everything: music, food, social circles, places of business. We also assume that everything in the city is expensive, and in the commercial trucking business, it's a struggle to find the time to sort out and sift through all the options we find. While the debate over the best pizza joint on the South Side will rage on endlessly, finding affordable, thorough insurance for your trucking needs won't be nearly that heated. The keys lie in being informed.. and using modern technology to become even more informed. This guide will get you on the right path.
Why Get Insured?
To be short and to-the-point: not being insured is illegal. You have to find out what plan suits you, or you're headed for a world of hurt, especially if you are a small-business owner without bottomless pockets.
What Type of Insurance Do I Need?
In short, that depends on your budget and needs. Here are some things to consider:
Is comprehensive coverage (the whole nine yards) the best for your budget? You can be covered in case of theft or destruction of your truck.
Is an auto liability option safe enough? While it is affordable, it is risky: if you're in an accident, you are still very vulnerable as a business owner to being sued.
Are there a lot of extras that you feel you need to insure? These usually include basics such as your lights and antennas, but may not cover customized upholstery/wheels/paint jobs. These will take some inquiries with the companies you look into.
Ask about roadside assistance options in your coverage. It can be a real lifesaver.
Okay, But Who Do I Talk to in Chicago?
Before I drop a few suggestions, understand that the Chicago area has a variety of competitive options, and you shouldn't restrict yourself to what is recommended by me or anyone. Competition means companies fighting for your business which means you should research hard and refuse to settle for an unsatisfying policy. If you don't wear shoes that don't fit you, don't get truck insurance that does'nt fit you. Find the best quote!
Don't be put off by a big, popular name you see on TV you'd be surprised by the personal, friendly touch some of these businesses have. AAA Insurance has an office on Cicero and is renowned for being easy to get a hold of when problems arise. State Farm has an office on Dearborn and holds a similar reputation.
A simple web search yields a lot of underrated local options. Eagle Insurance Agency and Urban Insurance Agency are both held in high regard for low costs, good customer service and ease of filing claims.
What do your friends and colleagues say? Technology (TV and the internet) both help point you to good options, but always consult with people you know about their personal experiences with Chicago insurance companies.
A Few More Pointers
Keep your truck(s) maintained and your driving record clean
Ask about cargo insurance and refrigeration breakdown endorsement
