Mastering Insurance Cost Control for Trucking Companies with Brent Allred
In this episode of the Trucking Risk and Insurance Podcast, the hosts discuss strategies that trucking companies can employ to manage and reduce their insurance costs.
Guest Brent Allred, transportation practice leader at Higginbotham, shares his expertise on taking on more risk with higher deductibles, utilizing industry benchmarks, and the importance of detailed safety manuals and driver retention programs.
The episode also emphasizes the value of having a trusted and knowledgeable insurance agent and avoiding the pitfalls of soliciting multiple brokers. Listeners are educated on effective risk management and the role of technology in creating competitive insurance terms.
Reach out to Brent:
LinkedIn Profile: linkedin.com/in/brent-allred-aai-cic-crm-mwca-trs-44b81443
https://www.higginbotham.com/
Your Hosts:
John Farquhar
National Risk Services Specialist, Transportation, Gallager GGB
https://www.ajg.com/ca/
M: 437-341-0932
John_Farquhar@ajg.com
Chris Harris
CEO, Safety Dawg Inc.
905 973 7056
Chris@SafetyDawg.com
https://safetydawg.com/
00:00 Introduction to Insurance Costs in Trucking
00:21 Understanding Risk Management in Insurance
00:41 Expert Tips for Managing Safety Departments
01:12 Guest Introduction: Brent from Hagen Ham and Insurance Agency
02:21 Current Challenges in the Trucking Industry
03:00 Strategies to Control Insurance Costs
04:09 Benchmarking and Cost Analysis
06:37 Taking on More Risk: Deductibles Explained
13:42 The Role of Safety Manuals and Driver Standards
16:35 Technology Adoption in Trucking
18:48 The Importance of Choosing the Right Insurance Broker
31:26 Final Thoughts and Conclusion
Keeping it Safety Dawg Simple!
#trucksafety #truckinsurance #truckpodcast
Do you need a "Truck Driver Safety Policy?" Get it today! https://safetydawg.com/policy
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