Although it may not seem like it at first, affordable trucker's insurance is an important formative element that affects the overall efficiency and vitality of the American economy. It's no secret that double digit unemployment rates are making citizens desperate for sustainable career positions. And while it used to be that becoming a commercial truck driver was always a back burner option, today the trucking industry is one of the few that actually have a serious shortage of desirable candidates. Industry insiders estimate that there is a current shortage of approximately 130,000 commercial truck drivers in the United States. And the reason for this is because it's becoming nearly impossible to find qualified, safe truck drivers with any appreciable degree of commercial experience. And one of the results of this is that insurance for truckers premiums continue to escalate.
Affordable trucker's insurance is still available - if you understand how to find it.
As older, more experienced truck drivers continue to retire and new, inexperienced drivers take their places, commercial trucking companies are becoming very selective about who they hire. In so many cases, candidates that apply are unable to not only be CDL qualified, but also pass drug tests, pass criminal checks, have decent credit scores and still maintain a spotless MVR. In fact, commercial truck driving jobs are becoming so hard to fill now that pay scales are rising and trucking companies are busy recruiting the best drivers from their competitors. And as the American economy dives further into despair, the overall costs for delivering cargo continue to rise. Further, trucking industry officials recognize that in the event of an economic upturn, significant freight shortages are very likely.
With the commercial trucking industry in such flux, commercial trucking insurers are struggling to provide affordable trucker's insurance for the millions of professional drivers in the country. At any given time on American highways, as many as three million truck drivers are in route to their destinations. As a result, the trucking industry continues to evolve with increased safety regulations from the FMCSA. Keeping all of those drivers, and everyone else on the highways, safe is serious business. In efforts to increase safety, save lives and in effect reduce the premium rates of insurance for truckers, officials continue to aggressively crackdown on careless and/or fatigued drivers. And as more and more drivers are reprimanded, the statistics look worse and worse.
So, what's the answer? Is it still even possible to find affordable trucker's insurance?
It is; especially when you use the powerful technologies offered to you by an online rate quote provider. By leveraging the power of competition between dozens of leading national insurers, you will be offered the lowest premium rates for effective trucking insurance. Because these insurers know that they are in direct competition for your business, they offer you there bottom-dollar pricing for the liability, cargo and other insurance coverage you need. Finding the best insurance for truckers is a no-brainer when you comparison shop between various providers.
Vladimir Vladimirov is the owner of The Trucker's Market, the Internet's most comprehensive resource for trucker's insurance, information, links and so much more. Stop by soon and join in our ever-active forums at http://thetruckersmarket.com/.
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