Wains World

Truck Brokers – Don’t Underestimate What Can Go Wrong.

Truck brokers – or as USDOT calls them, Property Brokers – have it easy compared to their trucking cousins when it comes to mandated insurance requirements.  While brokers need only have a $75,000 bond (which might cost a few thousand dollars annually), a trucker needs $750,000 or more in liability coverage that will cost several thousand dollars per truck.Brokers like this scenario…lower operating costs mean more profits.  Sadly, that extra profit is exposed to a number of hazards tha…

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