At Amalgamated, we recognize that our customers are looking for the best commercial insurance possible. That is why we take pride in our A.M. Best A- rating. Founded in 1899, A.M. Best is a credit rating organization dedicated specifically to rating the insurance industry. A.M. Best issues financial strength ratings measuring insurance companies’ ability to pay claims and measure risk.
With hurricane season at its height, commercial drivers need to be even more cautious than usual to avoid physical or medical casualties in inclement weather. While it is best to stay indoors in the event of a weather emergency, we at ACIC want our drivers to be as safe as possible. Read more to learn the best driving tips for this year’s hurricane season.
Dash cams have become increasingly popular within the last decade, primarily as a tool to provide evidence in the claims process or to prevent insurance fraud. Dash cams hold drivers sharing the road with you accountable for their reckless and/or distracted driving. Dash cams also have the potential to make you a better driver, providing incentives for safer driving behaviors. In the following article, we have collected a number of reasons why you as a commercial driver should consider purchasing a dash cam, from safety to accountability, and more!
What are the benefits of updating your policy information? By keeping us properly informed you’ll make sure your claim is handled quickly and with minimal delay. With the latest information on file we’ll be able to send out invoices and statutory notices in a timely manner that is certain to reach you. In the event that you are involved in an accident, with the latest information on file, your claims adjuster can keep you updated on the status of your claim.
Buying fleet management software takes work, but that work follows some familiar patterns. If you know how to shop smart for other products, the following helpful questions will make buying fleet management software easier than you thought.
Running a successful fleet comes with many challenges. Owners must consider the size, nature, and demand of their markets through thoughtful research. Once in operation, we also recommend expanding slowly and adapting to demand carefully in order to ensure the most successful and profitable business.
As a professional driver your commercial auto insurance costs are a sizeable expense in your business alongside gas, vehicle maintenance, licenses, and credit card fees. Whether you purchase your commercial insurance at Amalgamated or at another carrier, there are a handful of basic risk attributes that insurers use to assess what type of prospective risk you pose as a driver and therefore what is an adequate rate to quote you.
Your insurance premium covers two expenses, the cost of crashes and the cost of “everything else”. Everything else includes taxes, fees, rent, and employing people to service your policy and fairly compensate those with valid claims. The cost of “everything else” rises over time along with the prices of most goods and services in the economy.
As the most common accidents are the result of rear-endings, we believe our customers should consider purchasing cars with automatic emergency braking (AEB) systems. Cars with AEB detect obstacles in the road and automatically slow their speed to avoid impact. While collisions are not always avoidable, AEB can mitigate the consequences of distracted driving.
Distracted driving comes in many forms: texting, navigation, exhaustion, and many more. Distracted driving can have severe consequences – slowing your reaction time and increasing your chance of being involved in a collision. Many of our claims are the result of distracted driving.