Trucks transport nearly 71% of all freight moved in the US and are the lifeblood of the economy, according to the American Trucking Associations, but thin margins in the industry can make it a difficult sector to insure.
“Commercial auto has been a tough segment for commercial insurance in general for years,” explained Andrea Dickinson, EVP and transportation practice leader at AmWINS Brokerage of Tennessee. “It’s been tough for people to make a profit on commercial auto.”
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